USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for Mar 22, 2017

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 $156,200,000 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, Mar 22, 2017
Jackpot:$156,200,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,351,034$825,840$223,348$1,301,846
2$2,468,586$869,334$234,516$1,364,736
3$2,592,015$915,003$246,241$1,430,771
4$2,721,616$962,955$258,554$1,500,107
5$2,857,697$1,013,305$271,481$1,572,910
6$3,000,582$1,066,172$285,055$1,649,354
7$3,150,611$1,121,683$299,308$1,729,619
8$3,308,141$1,179,969$314,273$1,813,898
9$3,473,548$1,241,170$329,987$1,902,391
10$3,647,226$1,305,431$346,486$1,995,308
11$3,829,587$1,372,904$363,811$2,092,872
12$4,021,066$1,443,752$382,001$2,195,313
13$4,222,120$1,518,141$401,101$2,302,877
14$4,433,226$1,596,251$421,156$2,415,818
15$4,654,887$1,678,265$442,214$2,534,407
16$4,887,631$1,764,381$464,325$2,658,925
17$5,132,013$1,854,802$487,541$2,789,670
18$5,388,613$1,949,744$511,918$2,926,951
19$5,658,044$2,049,434$537,514$3,071,096
20$5,940,946$2,154,107$564,390$3,222,449
21$6,237,994$2,264,015$592,609$3,381,369
22$6,549,893$2,379,418$622,240$3,548,236
23$6,877,388$2,500,591$653,352$3,723,445
24$7,221,257$2,627,822$686,019$3,907,415
25$7,582,320$2,761,416$720,320$4,100,584
26$7,961,436$2,901,689$756,336$4,303,411
27$8,359,508$3,048,975$794,153$4,516,380
28$8,777,483$3,203,626$833,861$4,739,996
29$9,216,357$3,366,010$875,554$4,974,794
30$9,677,175$3,536,512$919,332$5,221,332
Total$156,200,000$56,472,717$14,838,996$84,888,280

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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.