USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for May 18, 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 $269,300,000 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, May 18, 2019
Jackpot:$269,300,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,053,351$1,455,697$289,815$2,307,840
2$4,256,019$1,530,684$304,305$2,421,029
3$4,468,820$1,609,421$319,521$2,539,879
4$4,692,261$1,692,094$335,497$2,664,671
5$4,926,874$1,778,901$352,271$2,795,702
6$5,173,218$1,870,048$369,885$2,933,285
7$5,431,879$1,965,752$388,379$3,077,747
8$5,703,473$2,066,242$407,798$3,229,432
9$5,988,646$2,171,756$428,188$3,388,702
10$6,288,079$2,282,546$449,598$3,555,935
11$6,602,482$2,398,876$472,077$3,731,529
12$6,932,607$2,521,022$495,681$3,915,904
13$7,279,237$2,649,275$520,465$4,109,497
14$7,643,199$2,783,941$546,489$4,312,769
15$8,025,359$2,925,340$573,813$4,526,206
16$8,426,627$3,073,809$602,504$4,750,314
17$8,847,958$3,229,702$632,629$4,985,627
18$9,290,356$3,393,389$664,260$5,232,706
19$9,754,874$3,565,260$697,473$5,492,140
20$10,242,617$3,745,726$732,347$5,764,545
21$10,754,748$3,935,214$768,964$6,050,570
22$11,292,486$4,134,177$807,413$6,350,896
23$11,857,110$4,343,088$847,783$6,666,239
24$12,449,965$4,562,444$890,173$6,997,348
25$13,072,463$4,792,769$934,681$7,345,014
26$13,726,087$5,034,609$981,415$7,710,062
27$14,412,391$5,288,542$1,030,486$8,093,363
28$15,133,011$5,555,171$1,082,010$8,495,829
29$15,889,661$5,835,132$1,136,111$8,918,418
30$16,684,144$6,129,091$1,192,916$9,362,137
Total$269,300,001$98,319,718$19,254,947$151,725,335

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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.