USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Mar 20, 2019

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 $562,100,000 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:Wed, Mar 20, 2019
Jackpot:$562,100,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,460,412$3,086,310$774,128$4,599,974
2$8,883,432$3,242,827$812,834$4,827,771
3$9,327,604$3,407,171$853,476$5,066,957
4$9,793,984$3,579,731$896,150$5,318,103
5$10,283,683$3,760,920$940,957$5,581,806
6$10,797,867$3,951,168$988,005$5,858,694
7$11,337,761$4,150,929$1,037,405$6,149,427
8$11,904,649$4,360,677$1,089,275$6,454,696
9$12,499,881$4,580,913$1,143,739$6,775,229
10$13,124,875$4,812,161$1,200,926$7,111,788
11$13,781,119$5,054,971$1,260,972$7,465,175
12$14,470,175$5,309,922$1,324,021$7,836,232
13$15,193,684$5,577,620$1,390,222$8,225,842
14$15,953,368$5,858,703$1,459,733$8,634,932
15$16,751,036$6,153,841$1,532,720$9,064,476
16$17,588,588$6,463,735$1,609,356$9,515,498
17$18,468,018$6,789,124$1,689,824$9,989,070
18$19,391,419$7,130,782$1,774,315$10,486,322
19$20,360,989$7,489,523$1,863,031$11,008,436
20$21,379,039$7,866,202$1,956,182$11,556,655
21$22,447,991$8,261,714$2,053,991$12,132,286
22$23,570,390$8,677,002$2,156,691$12,736,698
23$24,748,910$9,113,054$2,264,525$13,371,331
24$25,986,355$9,570,909$2,377,751$14,037,695
25$27,285,673$10,051,656$2,496,639$14,737,378
26$28,649,957$10,556,441$2,621,471$15,472,045
27$30,082,455$11,086,466$2,752,545$16,243,445
28$31,586,577$11,642,991$2,890,172$17,053,415
29$33,165,906$12,227,343$3,034,680$17,903,883
30$34,824,202$12,840,912$3,186,414$18,796,875
Total$562,100,001$206,655,718$51,432,150$304,012,134

◄ 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.