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Maine Powerball Jackpot Annuity Payout Schedule for Sep 30, 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 $14,300,000 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, Sep 30, 1992
Jackpot:$14,300,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$254,970$58,047$23,330$173,594
2$265,169$61,578$24,263$179,328
3$275,776$65,291$25,234$185,252
4$286,807$69,152$26,243$191,412
5$298,279$73,167$27,293$197,820
6$310,210$77,343$28,384$204,483
7$322,619$81,686$29,520$211,413
8$335,524$86,203$30,700$218,621
9$348,945$90,900$31,928$226,116
10$362,902$95,785$33,206$233,912
11$377,419$100,866$34,534$242,019
12$392,515$106,150$35,915$250,451
13$408,216$111,645$37,352$259,219
14$424,544$117,360$38,846$268,339
15$441,526$123,303$40,400$277,823
16$459,187$129,485$42,016$287,687
17$477,555$135,913$43,696$297,945
18$496,657$142,599$45,444$308,614
19$516,523$149,552$47,262$319,709
20$537,184$156,784$49,152$331,248
21$558,672$164,304$51,118$343,249
22$581,018$172,126$53,163$355,730
23$604,259$180,260$55,290$368,710
24$628,430$188,720$57,501$382,209
25$653,567$197,777$59,801$395,988
26$679,709$207,450$62,193$410,066
27$706,898$217,509$64,681$424,707
28$735,174$227,972$67,268$439,934
29$764,581$238,852$69,959$455,769
30$795,164$250,168$72,757$472,238
Total$14,300,000$4,077,947$1,308,449$8,913,605

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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.