USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Oct 26, 2011

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

The tax information provided here is based on 2025 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 $173,900,000 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, Oct 26, 2011
Jackpot:$173,900,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,100,654$1,104,262$221,697$1,774,695
2$3,224,680$1,150,152$230,565$1,843,964
3$3,353,668$1,197,877$239,787$1,916,003
4$3,487,814$1,247,512$249,379$1,990,924
5$3,627,327$1,299,131$259,354$2,068,842
6$3,772,420$1,352,816$269,728$2,149,876
7$3,923,317$1,408,647$280,517$2,234,152
8$4,080,249$1,466,713$291,738$2,321,799
9$4,243,459$1,527,100$303,407$2,412,952
10$4,413,198$1,589,903$315,544$2,507,751
11$4,589,726$1,655,219$328,165$2,606,342
12$4,773,315$1,723,147$341,292$2,708,876
13$4,964,247$1,793,792$354,944$2,815,512
14$5,162,817$1,867,263$369,141$2,926,413
15$5,369,330$1,943,672$383,907$3,041,751
16$5,584,103$2,023,138$399,263$3,161,701
17$5,807,467$2,105,783$415,234$3,286,450
18$6,039,766$2,191,734$431,843$3,416,189
19$6,281,357$2,281,122$449,117$3,551,117
20$6,532,611$2,374,086$467,082$3,691,443
21$6,793,915$2,470,769$485,765$3,837,381
22$7,065,672$2,571,319$505,196$3,989,157
23$7,348,299$2,675,891$525,403$4,147,005
24$7,642,231$2,784,646$546,419$4,311,166
25$7,947,920$2,897,751$568,276$4,481,893
26$8,265,837$3,015,380$591,007$4,659,450
27$8,596,470$3,137,714$614,648$4,844,108
28$8,940,329$3,264,942$639,234$5,036,153
29$9,297,942$3,397,259$664,803$5,235,880
30$9,669,860$3,534,868$691,395$5,443,596
Total$173,900,000$63,053,608$12,433,850$98,412,541

◄ 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.