USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Apr 19, 2000

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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 $79,700,000 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 19, 2000
Jackpot:$79,700,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,421,059$481,749$101,606$837,704
2$1,477,901$502,781$105,670$869,451
3$1,537,017$524,654$109,897$902,467
4$1,598,498$547,402$114,293$936,804
5$1,662,438$571,059$118,864$972,514
6$1,728,935$595,663$123,619$1,009,653
7$1,798,093$621,252$128,564$1,048,278
8$1,870,017$647,863$133,706$1,088,447
9$1,944,817$675,540$139,054$1,130,223
10$2,022,610$704,323$144,617$1,173,670
11$2,103,514$734,258$150,401$1,218,855
12$2,187,655$765,390$156,417$1,265,848
13$2,275,161$797,767$162,674$1,314,720
14$2,366,168$831,439$169,181$1,365,547
15$2,460,814$866,459$175,948$1,418,407
16$2,559,247$902,879$182,986$1,473,382
17$2,661,617$940,755$190,306$1,530,556
18$2,768,081$980,147$197,918$1,590,016
19$2,878,805$1,021,115$205,835$1,651,855
20$2,993,957$1,063,721$214,068$1,716,168
21$3,113,715$1,108,032$222,631$1,783,053
22$3,238,264$1,154,115$231,536$1,852,613
23$3,367,794$1,202,041$240,797$1,924,956
24$3,502,506$1,251,884$250,429$2,000,192
25$3,642,606$1,303,722$260,446$2,078,438
26$3,788,310$1,357,632$270,864$2,159,814
27$3,939,843$1,413,699$281,699$2,244,445
28$4,097,437$1,472,009$292,967$2,332,461
29$4,261,334$1,532,651$304,685$2,423,998
30$4,431,787$1,595,719$316,873$2,519,196
Total$79,700,000$28,167,720$5,698,551$45,833,731

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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.