USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Jan 28, 1995

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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 $9,000,000 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:Sat, Jan 28, 1995
Jackpot:$9,000,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$160,471$31,111$11,474$117,886
2$166,890$32,652$11,933$122,306
3$173,565$34,254$12,410$126,902
4$180,508$35,920$12,906$131,682
5$187,728$37,653$13,423$136,653
6$195,237$39,455$13,959$141,823
7$203,047$41,431$14,518$147,098
8$211,169$44,030$15,099$152,040
9$219,615$46,733$15,703$157,180
10$228,400$49,544$16,331$162,525
11$237,536$52,468$16,984$168,085
12$247,038$55,508$17,663$173,866
13$256,919$58,691$18,370$179,858
14$267,196$62,288$19,105$185,804
15$277,884$66,029$19,869$191,986
16$288,999$69,919$20,663$198,417
17$300,559$73,965$21,490$205,104
18$312,581$78,173$22,350$212,059
19$325,085$82,549$23,244$219,292
20$338,088$87,100$24,173$226,815
21$351,611$91,833$25,140$234,638
22$365,676$96,756$26,146$242,774
23$380,303$101,875$27,192$251,236
24$395,515$107,200$28,279$260,036
25$411,336$112,737$29,411$269,188
26$427,789$118,495$30,587$278,707
27$444,901$124,484$31,810$288,606
28$462,697$130,713$33,083$298,901
29$481,205$137,191$34,406$309,608
30$500,453$143,928$35,782$320,743
Total$9,000,000$2,244,685$643,503$6,111,818

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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.