USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Sep 1, 1993

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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 $13,600,000 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 1, 1993
Jackpot:$13,600,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$242,489$54,053$22,188$166,249
2$252,189$57,156$23,075$171,957
3$262,276$60,566$23,998$177,712
4$272,768$64,238$24,958$183,571
5$283,678$68,057$25,957$189,665
6$295,025$72,028$26,995$196,002
7$306,826$76,158$28,075$202,593
8$319,099$80,454$29,198$209,448
9$331,863$84,921$30,366$216,576
10$345,138$89,568$31,580$223,990
11$358,943$94,399$32,843$231,701
12$373,301$99,425$34,157$239,719
13$388,233$104,651$35,523$248,059
14$403,763$110,086$36,944$256,732
15$419,913$115,739$38,422$265,752
16$436,710$121,618$39,959$275,133
17$454,178$127,732$41,557$284,889
18$472,345$134,090$43,220$295,036
19$491,239$140,703$44,948$305,588
20$510,888$147,580$46,746$316,562
21$531,324$154,733$48,616$327,975
22$552,577$162,171$50,561$339,845
23$574,680$169,907$52,583$352,190
24$597,667$177,953$54,687$365,028
25$621,574$186,320$56,874$378,380
26$646,437$195,139$59,149$392,149
27$672,294$204,706$61,515$406,073
28$699,186$214,656$63,976$420,555
29$727,154$225,004$66,535$435,615
30$756,240$235,766$69,196$451,278
Total$13,600,000$3,829,577$1,244,401$8,526,022

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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.