USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for May 13, 2000

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The tax information provided here is based on 2025 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 $35,100,000 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:Sat, May 13, 2000
Jackpot:$35,100,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$625,836$188,590$59,454$377,792
2$650,870$197,842$61,833$391,195
3$676,905$207,475$64,306$405,124
4$703,981$217,493$66,878$419,610
5$732,140$227,912$69,553$434,675
6$761,426$238,748$72,335$450,343
7$791,883$250,017$75,229$466,637
8$823,558$261,737$78,238$483,583
9$856,500$273,925$81,368$501,207
10$890,760$286,602$84,622$519,537
11$926,391$299,785$88,007$538,599
12$963,447$313,495$91,527$558,424
13$1,001,984$327,754$95,189$579,041
14$1,042,064$342,584$98,996$600,484
15$1,083,746$358,006$102,956$622,784
16$1,127,096$374,046$107,074$645,976
17$1,172,180$390,727$111,357$670,096
18$1,219,067$408,075$115,811$695,181
19$1,267,830$426,117$120,444$721,269
20$1,318,543$444,881$125,262$748,400
21$1,371,285$464,396$130,272$776,617
22$1,426,136$484,691$135,483$805,963
23$1,483,182$505,797$140,902$836,482
24$1,542,509$527,749$146,538$868,222
25$1,604,209$550,578$152,400$901,232
26$1,668,378$574,320$158,496$935,562
27$1,735,113$599,012$164,836$971,265
28$1,804,517$624,692$171,429$1,008,396
29$1,876,698$651,398$178,286$1,047,013
30$1,951,766$679,174$185,418$1,087,174
Total$35,100,000$11,697,618$3,334,499$20,067,883

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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.