USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Nov 4, 1992

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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 $11,900,000 for a ticket purchased in Maine, 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:

Maine

Drawing Date:Wed, Nov 4, 1992
Jackpot:$11,900,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$212,178$44,353$15,171$152,654
2$220,665$47,069$15,778$157,819
3$229,492$49,893$16,409$163,190
4$238,672$52,831$17,065$168,776
5$248,218$55,886$17,748$174,585
6$258,147$59,121$18,458$180,569
7$268,473$62,735$19,196$186,542
8$279,212$66,493$19,964$192,755
9$290,380$70,402$20,762$199,216
10$301,996$74,468$21,593$205,935
11$314,076$78,696$22,456$212,923
12$326,639$83,093$23,355$220,191
13$339,704$87,666$24,289$227,750
14$353,292$92,422$25,260$235,610
15$367,424$97,368$26,271$243,786
16$382,121$102,512$27,322$252,288
17$397,406$107,861$28,415$261,130
18$413,302$113,425$29,551$270,326
19$429,834$119,211$30,733$279,890
20$447,027$125,229$31,962$289,836
21$464,909$131,487$33,241$300,180
22$483,505$137,996$34,571$310,938
23$502,845$144,765$35,953$322,127
24$522,959$151,805$37,392$333,762
25$543,877$159,126$38,887$345,864
26$565,632$166,741$40,443$358,449
27$588,258$174,659$42,060$371,538
28$611,788$182,895$43,743$385,150
29$636,259$191,460$45,493$399,307
30$661,710$200,790$47,312$413,608
Total$11,900,000$3,232,458$850,853$7,816,694

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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.