USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for May 20, 2000

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 $46,800,000 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, May 20, 2000
Jackpot:$46,800,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$834,449$264,703$76,352$493,393
2$867,827$277,053$79,406$511,367
3$902,540$289,897$82,582$530,060
4$938,641$303,255$85,886$549,501
5$976,187$317,146$89,321$569,719
6$1,015,234$331,594$92,894$590,746
7$1,055,844$346,619$96,610$612,615
8$1,098,077$362,246$100,474$635,357
9$1,142,001$378,497$104,493$659,010
10$1,187,681$395,399$108,673$683,609
11$1,235,188$412,977$113,020$709,191
12$1,284,595$431,258$117,540$735,797
13$1,335,979$450,270$122,242$763,468
14$1,389,418$470,042$127,132$792,245
15$1,444,995$490,605$132,217$822,173
16$1,502,795$511,991$137,506$853,298
17$1,562,907$534,233$143,006$885,668
18$1,625,423$557,364$148,726$919,333
19$1,690,440$581,420$154,675$954,345
20$1,758,057$606,438$160,862$990,757
21$1,828,380$632,458$167,297$1,028,625
22$1,901,515$659,518$173,989$1,068,009
23$1,977,576$687,660$180,948$1,108,967
24$2,056,679$716,928$188,186$1,151,564
25$2,138,946$747,367$195,714$1,195,865
26$2,224,503$779,024$203,542$1,241,938
27$2,313,484$811,946$211,684$1,289,854
28$2,406,023$846,186$220,151$1,339,686
29$2,502,264$881,795$228,957$1,391,512
30$2,602,354$918,828$238,115$1,445,411
Total$46,800,000$15,994,717$4,282,200$26,523,083

◄ 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.