USA MegaUSA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Dec 28, 1994

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $33,100,000 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, Dec 28, 1994
Jackpot:$33,100,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$590,176$175,331$54,001$360,844
2$613,783$183,593$56,161$374,029
3$638,335$192,186$58,408$387,741
4$663,868$201,588$60,744$401,536
5$690,423$211,414$63,174$415,835
6$718,040$221,632$65,701$430,707
7$746,761$232,259$68,329$446,174
8$776,632$243,311$71,062$462,259
9$807,697$254,805$73,904$478,988
10$840,005$266,759$76,860$496,385
11$873,605$279,191$79,935$514,479
12$908,549$292,120$83,132$533,297
13$944,891$305,567$86,458$552,867
14$982,687$319,551$89,916$573,220
15$1,021,994$334,095$93,512$594,387
16$1,062,874$349,221$97,253$616,400
17$1,105,389$364,951$101,143$639,295
18$1,149,605$381,311$105,189$663,105
19$1,195,589$398,325$109,396$687,867
20$1,243,412$416,020$113,772$713,620
21$1,293,149$434,422$118,323$740,403
22$1,344,875$453,561$123,056$768,258
23$1,398,670$473,465$127,978$797,226
24$1,454,617$494,165$133,097$827,354
25$1,512,801$515,694$138,421$858,686
26$1,573,313$538,083$143,958$891,272
27$1,636,246$561,368$149,717$925,161
28$1,701,696$585,585$155,705$960,406
29$1,769,764$610,770$161,933$997,060
30$1,840,554$636,962$168,411$1,035,181
Total$33,100,000$10,927,305$3,028,649$19,144,042

◄ Back to Jackpot Analysis

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.