USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for Sep 25, 2021

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 $528,800,000 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, Sep 25, 2021
Jackpot:$528,800,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,959,199$2,900,861$756,124$4,302,214
2$8,357,159$3,048,106$793,930$4,515,123
3$8,775,017$3,202,713$833,627$4,738,677
4$9,213,768$3,365,051$875,308$4,973,409
5$9,674,456$3,535,506$919,073$5,219,877
6$10,158,179$3,714,483$965,027$5,478,668
7$10,666,088$3,902,410$1,013,278$5,750,400
8$11,199,392$4,099,732$1,063,942$6,035,718
9$11,759,362$4,306,921$1,117,139$6,335,301
10$12,347,330$4,524,469$1,172,996$6,649,864
11$12,964,696$4,752,895$1,231,646$6,980,155
12$13,612,931$4,992,742$1,293,228$7,326,961
13$14,293,578$5,244,581$1,357,890$7,691,107
14$15,008,257$5,509,012$1,425,784$8,073,460
15$15,758,669$5,786,665$1,497,074$8,474,931
16$16,546,603$6,078,200$1,571,927$8,896,475
17$17,373,933$6,384,312$1,650,524$9,339,097
18$18,242,630$6,705,730$1,733,050$9,803,850
19$19,154,761$7,043,219$1,819,702$10,291,840
20$20,112,499$7,397,582$1,910,687$10,804,230
21$21,118,124$7,769,663$2,006,222$11,342,239
22$22,174,030$8,160,348$2,106,533$11,907,149
23$23,282,732$8,570,568$2,211,860$12,500,304
24$24,446,868$9,001,298$2,322,452$13,123,117
25$25,669,212$9,453,566$2,438,575$13,777,071
26$26,952,673$9,928,446$2,560,504$14,463,723
27$28,300,306$10,427,071$2,688,529$15,184,707
28$29,715,321$10,950,626$2,822,956$15,941,740
29$31,201,087$11,500,360$2,964,103$16,736,624
30$32,761,142$12,077,580$3,112,308$17,571,254
Total$528,800,001$194,334,716$50,235,998$284,229,285

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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.