USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for Sep 30, 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 $14,300,000 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, Sep 30, 1992
Jackpot:$14,300,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$254,970$58,047$24,222$172,702
2$265,169$61,578$25,191$178,400
3$275,776$65,291$26,199$184,286
4$286,807$69,152$27,247$190,409
5$298,279$73,167$28,337$196,776
6$310,210$77,343$29,470$203,398
7$322,619$81,686$30,649$210,284
8$335,524$86,203$31,875$217,446
9$348,945$90,900$33,150$224,895
10$362,902$95,785$34,476$232,642
11$377,419$100,866$35,855$240,698
12$392,515$106,150$37,289$249,077
13$408,216$111,645$38,781$257,791
14$424,544$117,360$40,332$266,853
15$441,526$123,303$41,945$276,278
16$459,187$129,485$43,623$286,080
17$477,555$135,913$45,368$296,274
18$496,657$142,599$47,182$306,875
19$516,523$149,552$49,070$317,901
20$537,184$156,784$51,033$329,368
21$558,672$164,304$53,074$341,293
22$581,018$172,126$55,197$353,696
23$604,259$180,260$57,405$366,595
24$628,430$188,720$59,701$380,009
25$653,567$197,777$62,089$393,701
26$679,709$207,450$64,572$407,687
27$706,898$217,509$67,155$422,233
28$735,174$227,972$69,842$437,361
29$764,581$238,852$72,635$453,093
30$795,164$250,168$75,541$469,455
Total$14,300,000$4,077,947$1,358,505$8,863,556

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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.