USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Sep 5, 2015

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 $134,100,000 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:Sat, Sep 5, 2015
Jackpot:$134,100,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,391,016$841,696$170,958$1,378,362
2$2,486,657$877,083$177,796$1,431,778
3$2,586,123$913,886$184,908$1,487,330
4$2,689,568$952,160$192,304$1,545,104
5$2,797,151$991,966$199,996$1,605,189
6$2,909,037$1,033,364$207,996$1,667,677
7$3,025,398$1,076,418$216,316$1,732,665
8$3,146,414$1,121,194$224,969$1,800,252
9$3,272,271$1,167,760$233,967$1,870,543
10$3,403,162$1,216,190$243,326$1,943,646
11$3,539,288$1,266,557$253,059$2,019,672
12$3,680,860$1,318,938$263,181$2,098,740
13$3,828,094$1,373,415$273,709$2,180,970
14$3,981,218$1,430,071$284,657$2,266,490
15$4,140,467$1,488,993$296,043$2,355,430
16$4,306,085$1,550,272$307,885$2,447,928
17$4,478,329$1,614,002$320,201$2,544,126
18$4,657,462$1,680,281$333,009$2,644,172
19$4,843,760$1,749,212$346,329$2,748,220
20$5,037,511$1,820,899$360,182$2,856,429
21$5,239,011$1,895,454$374,589$2,968,967
22$5,448,572$1,972,992$389,573$3,086,007
23$5,666,514$2,053,631$405,156$3,207,728
24$5,893,175$2,137,495$421,362$3,334,318
25$6,128,902$2,224,714$438,216$3,465,972
26$6,374,058$2,315,422$455,745$3,602,891
27$6,629,020$2,409,758$473,975$3,745,288
28$6,894,181$2,507,867$492,934$3,893,380
29$7,169,948$2,609,901$512,651$4,047,396
30$7,456,746$2,716,016$533,157$4,207,573
Total$134,100,000$48,327,607$9,588,149$76,184,243

◄ 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.