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: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,053,351$1,455,697$370,882$2,226,773
2$4,256,019$1,530,684$389,426$2,335,909
3$4,468,820$1,609,421$408,897$2,450,502
4$4,692,261$1,692,094$429,342$2,570,825
5$4,926,874$1,778,901$450,809$2,697,164
6$5,173,218$1,870,048$473,349$2,829,820
7$5,431,879$1,965,752$497,017$2,969,109
8$5,703,473$2,066,242$521,868$3,115,363
9$5,988,646$2,171,756$547,961$3,268,929
10$6,288,079$2,282,546$575,359$3,430,173
11$6,602,482$2,398,876$604,127$3,599,480
12$6,932,607$2,521,022$634,334$3,777,251
13$7,279,237$2,649,275$666,050$3,963,912
14$7,643,199$2,783,941$699,353$4,159,905
15$8,025,359$2,925,340$734,320$4,365,698
16$8,426,627$3,073,809$771,036$4,581,781
17$8,847,958$3,229,702$809,588$4,808,668
18$9,290,356$3,393,389$850,068$5,046,899
19$9,754,874$3,565,260$892,571$5,297,042
20$10,242,617$3,745,726$937,199$5,559,692
21$10,754,748$3,935,214$984,059$5,835,475
22$11,292,486$4,134,177$1,033,262$6,125,046
23$11,857,110$4,343,088$1,084,926$6,429,096
24$12,449,965$4,562,444$1,139,172$6,748,349
25$13,072,463$4,792,769$1,196,130$7,083,564
26$13,726,087$5,034,609$1,255,937$7,435,541
27$14,412,391$5,288,542$1,318,734$7,805,115
28$15,133,011$5,555,171$1,384,670$8,193,169
29$15,889,661$5,835,132$1,453,904$8,600,625
30$16,684,144$6,129,091$1,526,599$9,028,454
Total$269,300,001$98,319,718$24,640,949$146,339,329

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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.