USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Jun 4, 2022

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The tax information provided here is based on 2026 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Powerball annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $189,600,000 for a ticket purchased in Arkansas, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Arkansas

Drawing Date:Sat, Jun 4, 2022
Jackpot:$189,600,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,853,752$1,011,846$111,296$1,730,610
2$2,996,440$1,064,640$116,861$1,814,939
3$3,146,262$1,120,074$122,704$1,903,483
4$3,303,575$1,178,280$128,839$1,996,455
5$3,468,753$1,239,396$135,281$2,094,076
6$3,642,191$1,303,568$142,045$2,196,578
7$3,824,301$1,370,949$149,148$2,304,205
8$4,015,516$1,441,698$156,605$2,417,213
9$4,216,292$1,515,985$164,435$2,535,871
10$4,427,106$1,593,987$172,657$2,660,462
11$4,648,461$1,675,888$181,290$2,791,283
12$4,880,885$1,761,885$190,354$2,928,646
13$5,124,929$1,852,181$199,872$3,072,876
14$5,381,175$1,946,992$209,866$3,224,317
15$5,650,234$2,046,544$220,359$3,383,331
16$5,932,746$2,151,073$231,377$3,550,295
17$6,229,383$2,260,829$242,946$3,725,608
18$6,540,852$2,376,073$255,093$3,909,686
19$6,867,895$2,497,078$267,848$4,102,968
20$7,211,289$2,624,134$281,240$4,305,915
21$7,571,854$2,757,543$295,302$4,519,008
22$7,950,447$2,897,622$310,067$4,742,757
23$8,347,969$3,044,706$325,571$4,977,692
24$8,765,367$3,199,143$341,849$5,224,375
25$9,203,636$3,361,302$358,942$5,483,391
26$9,663,818$3,531,570$376,889$5,755,359
27$10,147,008$3,710,350$395,733$6,040,925
28$10,654,359$3,898,070$415,520$6,340,769
29$11,187,077$4,095,176$436,296$6,655,605
30$11,746,431$4,302,137$458,111$6,986,183
Total$189,600,000$68,830,719$7,394,396$113,374,881

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.