USA Mega

Maine Mega Millions Jackpot Annuity Payout Schedule for May 10, 2019

Media: You may freely use any information on this page, but you must credit usamega.com.

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 Mega Millions 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 $295,000,000 for a ticket purchased in Maine, 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:

Maine

Drawing Date:Fri, May 10, 2019
Jackpot:$295,000,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,440,173$1,598,821$406,276$2,435,076
2$4,662,182$1,680,965$426,590$2,554,628
3$4,895,291$1,767,215$447,919$2,680,157
4$5,140,056$1,857,778$470,315$2,811,963
5$5,397,058$1,952,869$493,831$2,950,359
6$5,666,911$2,052,714$518,522$3,095,675
7$5,950,257$2,157,552$544,449$3,248,256
8$6,247,770$2,267,632$571,671$3,408,467
9$6,560,158$2,383,216$600,254$3,576,688
10$6,888,166$2,504,579$630,267$3,753,320
11$7,232,575$2,632,010$661,781$3,938,784
12$7,594,203$2,765,812$694,870$4,133,521
13$7,973,913$2,906,305$729,613$4,337,995
14$8,372,609$3,053,823$766,094$4,552,693
15$8,791,240$3,208,716$804,398$4,778,125
16$9,230,802$3,371,354$844,618$5,014,829
17$9,692,342$3,542,124$886,849$5,263,369
18$10,176,959$3,721,432$931,192$5,524,335
19$10,685,807$3,909,706$977,751$5,798,350
20$11,220,097$4,107,393$1,026,639$6,086,065
21$11,781,102$4,314,965$1,077,971$6,388,166
22$12,370,157$4,532,915$1,131,869$6,705,372
23$12,988,665$4,761,763$1,188,463$7,038,439
24$13,638,098$5,002,053$1,247,886$7,388,158
25$14,320,003$5,254,358$1,310,280$7,755,364
26$15,036,003$5,519,278$1,375,794$8,140,930
27$15,787,803$5,797,444$1,444,584$8,545,775
28$16,577,193$6,089,519$1,516,813$8,970,861
29$17,406,053$6,396,197$1,592,654$9,417,202
30$18,276,356$6,718,209$1,672,287$9,885,860
Total$295,000,001$107,828,717$26,992,500$160,178,782

◄ Back to Jackpot Analysis

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.