USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for Nov 4, 1992

For a non-Maryland resident

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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 $11,900,000 for a ticket purchased in Maryland, 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:

Maryland

Drawing Date:Wed, Nov 4, 1992
Jackpot:$11,900,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$212,178$44,353$20,157$147,668
2$220,665$47,069$20,963$152,633
3$229,492$49,893$21,802$157,797
4$238,672$52,831$22,674$163,167
5$248,218$55,886$23,581$168,752
6$258,147$59,121$24,524$174,502
7$268,473$62,735$25,505$180,233
8$279,212$66,493$26,525$186,193
9$290,380$70,402$27,586$192,392
10$301,996$74,468$28,690$198,838
11$314,076$78,696$29,837$205,543
12$326,639$83,093$31,031$212,515
13$339,704$87,666$32,272$219,767
14$353,292$92,422$33,563$227,308
15$367,424$97,368$34,905$235,151
16$382,121$102,512$36,301$243,308
17$397,406$107,861$37,754$251,791
18$413,302$113,425$39,264$260,613
19$429,834$119,211$40,834$269,789
20$447,027$125,229$42,468$279,331
21$464,909$131,487$44,166$289,255
22$483,505$137,996$45,933$299,576
23$502,845$144,765$47,770$310,310
24$522,959$151,805$49,681$321,473
25$543,877$159,126$51,668$333,083
26$565,632$166,741$53,735$345,157
27$588,258$174,659$55,884$357,714
28$611,788$182,895$58,120$370,773
29$636,259$191,460$60,445$384,355
30$661,710$200,790$62,862$398,057
Total$11,900,000$3,232,458$1,130,500$7,537,044

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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.