USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for Jan 21, 2026

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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 $209,300,000 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, Jan 21, 2026
Jackpot:$209,300,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,150,265$1,121,555$299,275$1,729,435
2$3,307,779$1,179,835$314,239$1,813,704
3$3,473,168$1,241,029$329,951$1,902,187
4$3,646,826$1,305,283$346,448$1,995,095
5$3,829,167$1,372,749$363,771$2,092,647
6$4,020,626$1,443,589$381,959$2,195,077
7$4,221,657$1,517,970$401,057$2,302,629
8$4,432,740$1,596,071$421,110$2,415,559
9$4,654,377$1,678,077$442,166$2,534,134
10$4,887,096$1,764,183$464,274$2,658,639
11$5,131,450$1,854,594$487,488$2,789,369
12$5,388,023$1,949,526$511,862$2,926,635
13$5,657,424$2,049,204$537,455$3,070,765
14$5,940,295$2,153,866$564,328$3,222,101
15$6,237,310$2,263,762$592,544$3,381,004
16$6,549,176$2,379,152$622,172$3,547,852
17$6,876,634$2,500,312$653,280$3,723,042
18$7,220,466$2,627,530$685,944$3,906,992
19$7,581,489$2,761,108$720,241$4,100,139
20$7,960,564$2,901,366$756,254$4,302,944
21$8,358,592$3,048,636$794,066$4,515,889
22$8,776,521$3,203,270$833,770$4,739,482
23$9,215,348$3,365,636$875,458$4,974,254
24$9,676,115$3,536,120$919,231$5,220,764
25$10,159,921$3,715,128$965,192$5,479,600
26$10,667,917$3,903,086$1,013,452$5,751,378
27$11,201,313$4,100,443$1,064,125$6,036,745
28$11,761,378$4,307,667$1,117,331$6,336,380
29$12,349,447$4,525,253$1,173,197$6,650,997
30$12,966,919$4,753,717$1,231,857$6,981,345
Total$209,300,000$76,119,717$19,883,497$113,296,783

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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.