USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Mar 16, 2019

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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 $492,100,000 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, Mar 16, 2019
Jackpot:$492,100,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,406,811$2,696,477$677,723$4,032,611
2$7,777,152$2,833,503$711,609$4,232,039
3$8,166,009$2,977,381$747,190$4,441,439
4$8,574,310$3,128,452$784,549$4,661,309
5$9,003,025$3,287,077$823,777$4,892,172
6$9,453,177$3,453,633$864,966$5,134,578
7$9,925,836$3,628,516$908,214$5,389,105
8$10,422,127$3,812,144$953,625$5,656,358
9$10,943,234$4,004,954$1,001,306$5,936,974
10$11,490,395$4,207,403$1,051,371$6,231,621
11$12,064,915$4,419,976$1,103,940$6,541,000
12$12,668,161$4,643,177$1,159,137$6,865,847
13$13,301,569$4,877,538$1,217,094$7,206,938
14$13,966,647$5,123,617$1,277,948$7,565,082
15$14,664,980$5,382,000$1,341,846$7,941,134
16$15,398,229$5,653,302$1,408,938$8,335,989
17$16,168,140$5,938,169$1,479,385$8,750,586
18$16,976,547$6,237,280$1,553,354$9,185,913
19$17,825,374$6,551,346$1,631,022$9,643,007
20$18,716,643$6,881,115$1,712,573$10,122,955
21$19,652,475$7,227,373$1,798,201$10,626,901
22$20,635,099$7,590,944$1,888,112$11,156,044
23$21,666,854$7,972,693$1,982,517$11,711,644
24$22,750,196$8,373,530$2,081,643$12,295,023
25$23,887,706$8,794,409$2,185,725$12,907,573
26$25,082,092$9,236,331$2,295,011$13,550,749
27$26,336,196$9,700,350$2,409,762$14,226,085
28$27,653,006$10,187,569$2,530,250$14,935,186
29$29,035,656$10,699,150$2,656,763$15,679,744
30$30,487,439$11,236,310$2,789,601$16,461,529
Total$492,100,001$180,755,719$45,027,152$266,317,135

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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.