USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for May 27, 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 $274,700,000 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 27, 2017
Jackpot:$274,700,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,134,629$1,485,770$392,790$2,256,069
2$4,341,361$1,562,261$412,429$2,366,671
3$4,558,429$1,642,576$433,051$2,482,802
4$4,786,350$1,726,907$454,703$2,604,740
5$5,025,668$1,815,454$477,438$2,732,775
6$5,276,951$1,908,429$501,310$2,867,212
7$5,540,799$2,006,053$526,376$3,008,370
8$5,817,839$2,108,558$552,695$3,156,586
9$6,108,731$2,216,188$580,329$3,312,214
10$6,414,167$2,329,199$609,346$3,475,622
11$6,734,875$2,447,861$639,813$3,647,201
12$7,071,619$2,572,456$671,804$3,827,359
13$7,425,200$2,703,281$705,394$4,016,525
14$7,796,460$2,840,647$740,664$4,215,149
15$8,186,283$2,984,882$777,697$4,423,704
16$8,595,597$3,136,328$816,582$4,642,687
17$9,025,377$3,295,347$857,411$4,872,619
18$9,476,646$3,462,316$900,281$5,114,048
19$9,950,478$3,637,634$945,295$5,367,549
20$10,448,002$3,821,718$992,560$5,633,724
21$10,970,402$4,015,006$1,042,188$5,913,208
22$11,518,922$4,217,959$1,094,298$6,206,666
23$12,094,868$4,431,059$1,149,013$6,514,797
24$12,699,612$4,654,814$1,206,463$6,838,335
25$13,334,592$4,889,756$1,266,786$7,178,050
26$14,001,322$5,136,446$1,330,126$7,534,750
27$14,701,388$5,395,471$1,396,632$7,909,285
28$15,436,457$5,667,447$1,466,463$8,302,547
29$16,208,280$5,953,021$1,539,787$8,715,473
30$17,018,695$6,252,874$1,616,776$9,149,044
Total$274,700,001$100,317,718$26,096,500$148,285,781

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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.