USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Jun 15, 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 $80,200,000 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, Jun 15, 2019
Jackpot:$80,200,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,207,125$402,594$110,452$694,080
2$1,267,481$424,925$115,975$726,581
3$1,330,855$448,374$121,773$760,708
4$1,397,398$472,995$127,862$796,542
5$1,467,268$498,846$134,255$834,167
6$1,540,631$525,991$140,968$873,673
7$1,617,663$554,493$148,016$915,154
8$1,698,546$584,419$155,417$958,710
9$1,783,474$615,842$163,188$1,004,443
10$1,872,647$648,837$171,347$1,052,463
11$1,966,280$683,481$179,915$1,102,884
12$2,064,594$719,857$188,910$1,155,826
13$2,167,823$758,052$198,356$1,211,416
14$2,276,214$798,157$208,274$1,269,784
15$2,390,025$840,267$218,687$1,331,071
16$2,509,526$884,482$229,622$1,395,423
17$2,635,003$930,908$241,103$1,462,992
18$2,766,753$979,656$253,158$1,533,939
19$2,905,090$1,030,841$265,816$1,608,434
20$3,050,345$1,084,585$279,107$1,686,654
21$3,202,862$1,141,016$293,062$1,768,784
22$3,363,005$1,200,269$307,715$1,855,021
23$3,531,156$1,262,485$323,101$1,945,570
24$3,707,713$1,327,811$339,256$2,040,646
25$3,893,099$1,396,404$356,219$2,140,477
26$4,087,754$1,468,426$374,029$2,245,298
27$4,292,142$1,544,050$392,731$2,355,361
28$4,506,749$1,623,454$412,368$2,470,927
29$4,732,086$1,706,829$432,986$2,592,271
30$4,968,691$1,794,373$454,635$2,719,683
Total$80,200,000$28,352,719$7,338,303$44,508,982

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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.