USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Apr 22, 1992

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The tax information provided here is based on 2025 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 $6,000,000 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, Apr 22, 1992
Jackpot:$6,000,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$106,981$18,522$7,649$80,809
2$111,260$19,549$7,955$83,755
3$115,710$20,617$8,273$86,819
4$120,339$21,728$8,604$90,006
5$125,152$22,884$8,948$93,320
6$130,158$24,085$9,306$96,767
7$135,365$25,334$9,679$100,352
8$140,779$26,634$10,066$104,079
9$146,410$27,985$10,468$107,957
10$152,267$29,391$10,887$111,989
11$158,357$30,853$11,323$116,182
12$164,692$32,373$11,775$120,543
13$171,279$33,954$12,246$125,079
14$178,131$35,598$12,736$129,796
15$185,256$37,308$13,246$134,702
16$192,666$39,087$13,776$139,804
17$200,373$41,182$14,327$144,864
18$208,388$43,747$14,900$149,741
19$216,723$46,414$15,496$154,813
20$225,392$49,188$16,116$160,088
21$234,408$52,073$16,760$165,574
22$243,784$55,074$17,431$171,280
23$253,535$58,285$18,128$177,123
24$263,677$61,834$18,853$182,990
25$274,224$65,526$19,607$189,091
26$285,193$69,365$20,391$195,437
27$296,600$73,357$21,207$202,036
28$308,464$77,510$22,055$208,899
29$320,803$81,828$22,937$216,037
30$333,635$86,320$23,855$223,461
Total$6,000,000$1,307,605$429,000$4,263,393

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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.