USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for Jul 5, 2025

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 $192,400,000 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, Jul 5, 2025
Jackpot:$192,400,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,895,896$1,027,439$275,110$1,593,347
2$3,040,691$1,081,013$288,866$1,670,812
3$3,192,725$1,137,266$303,309$1,752,151
4$3,352,362$1,196,331$318,474$1,837,556
5$3,519,980$1,258,350$334,398$1,927,232
6$3,695,979$1,323,469$351,118$2,021,391
7$3,880,778$1,391,845$368,674$2,120,259
8$4,074,817$1,463,639$387,108$2,224,070
9$4,278,558$1,539,024$406,463$2,333,071
10$4,492,485$1,618,177$426,786$2,447,522
11$4,717,110$1,701,288$448,125$2,567,696
12$4,952,965$1,788,554$470,532$2,693,879
13$5,200,613$1,880,184$494,058$2,826,371
14$5,460,644$1,976,396$518,761$2,965,487
15$5,733,676$2,077,417$544,699$3,111,560
16$6,020,360$2,183,490$571,934$3,264,935
17$6,321,378$2,294,867$600,531$3,425,980
18$6,637,447$2,411,813$630,557$3,595,077
19$6,969,319$2,534,605$662,085$3,772,629
20$7,317,785$2,663,538$695,190$3,959,058
21$7,683,674$2,798,917$729,949$4,154,809
22$8,067,858$2,941,065$766,447$4,360,347
23$8,471,251$3,090,320$804,769$4,576,162
24$8,894,814$3,247,038$845,007$4,802,768
25$9,339,554$3,411,592$887,258$5,040,704
26$9,806,532$3,584,374$931,621$5,290,537
27$10,296,859$3,765,795$978,202$5,552,862
28$10,811,702$3,956,287$1,027,112$5,828,303
29$11,352,287$4,156,303$1,078,467$6,117,516
30$11,919,901$4,366,321$1,132,391$6,421,190
Total$192,400,000$69,866,717$18,278,001$104,255,281

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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.