USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for Mar 20, 2019

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 $562,100,000 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:Wed, Mar 20, 2019
Jackpot:$562,100,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,460,412$3,086,310$803,739$4,570,363
2$8,883,432$3,242,827$843,926$4,796,679
3$9,327,604$3,407,171$886,122$5,034,311
4$9,793,984$3,579,731$930,429$5,283,824
5$10,283,683$3,760,920$976,950$5,545,813
6$10,797,867$3,951,168$1,025,797$5,820,902
7$11,337,761$4,150,929$1,077,087$6,109,745
8$11,904,649$4,360,677$1,130,942$6,413,030
9$12,499,881$4,580,913$1,187,489$6,731,479
10$13,124,875$4,812,161$1,246,863$7,065,851
11$13,781,119$5,054,971$1,309,206$7,416,942
12$14,470,175$5,309,922$1,374,667$7,785,586
13$15,193,684$5,577,620$1,443,400$8,172,664
14$15,953,368$5,858,703$1,515,570$8,579,095
15$16,751,036$6,153,841$1,591,348$9,005,847
16$17,588,588$6,463,735$1,670,916$9,453,938
17$18,468,018$6,789,124$1,754,462$9,924,432
18$19,391,419$7,130,782$1,842,185$10,418,452
19$20,360,989$7,489,523$1,934,294$10,937,172
20$21,379,039$7,866,202$2,031,009$11,481,829
21$22,447,991$8,261,714$2,132,559$12,053,718
22$23,570,390$8,677,002$2,239,187$12,654,202
23$24,748,910$9,113,054$2,351,146$13,284,710
24$25,986,355$9,570,909$2,468,704$13,946,743
25$27,285,673$10,051,656$2,592,139$14,641,878
26$28,649,957$10,556,441$2,721,746$15,371,770
27$30,082,455$11,086,466$2,857,833$16,138,156
28$31,586,577$11,642,991$3,000,725$16,942,862
29$33,165,906$12,227,343$3,150,761$17,787,803
30$34,824,202$12,840,912$3,308,299$18,674,991
Total$562,100,001$206,655,718$53,399,500$302,044,787

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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.