USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Mar 27, 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 $768,400,000 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 27, 2019
Jackpot:$768,400,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$11,565,523$4,235,201$1,058,245$6,272,077
2$12,143,799$4,449,163$1,111,158$6,583,479
3$12,750,989$4,673,823$1,166,715$6,910,450
4$13,388,539$4,909,717$1,225,051$7,253,771
5$14,057,965$5,157,404$1,286,304$7,614,257
6$14,760,863$5,417,477$1,350,619$7,992,768
7$15,498,907$5,690,553$1,418,150$8,390,204
8$16,273,852$5,977,283$1,489,057$8,807,512
9$17,087,545$6,278,349$1,563,510$9,245,686
10$17,941,922$6,594,468$1,641,686$9,705,768
11$18,839,018$6,926,394$1,723,770$10,188,854
12$19,780,969$7,274,916$1,809,959$10,696,094
13$20,770,017$7,640,864$1,900,457$11,228,697
14$21,808,518$8,025,109$1,995,479$11,787,930
15$22,898,944$8,428,567$2,095,253$12,375,124
16$24,043,891$8,852,197$2,200,016$12,991,678
17$25,246,086$9,297,009$2,310,017$13,639,060
18$26,508,390$9,764,062$2,425,518$14,318,811
19$27,833,809$10,254,467$2,546,794$15,032,549
20$29,225,500$10,769,392$2,674,133$15,781,975
21$30,686,775$11,310,064$2,807,840$16,568,871
22$32,221,114$11,877,769$2,948,232$17,395,112
23$33,832,169$12,473,860$3,095,644$18,262,666
24$35,523,777$13,099,755$3,250,426$19,173,597
25$37,299,966$13,756,945$3,412,947$20,130,075
26$39,164,965$14,446,994$3,583,594$21,134,377
27$41,123,214$15,171,546$3,762,774$22,188,893
28$43,179,374$15,932,325$3,950,913$23,296,135
29$45,338,342$16,731,144$4,148,458$24,458,740
30$47,605,260$17,569,903$4,355,881$25,679,475
Total$768,400,002$282,986,720$70,308,600$415,104,685

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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.