USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Nov 6, 2021

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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 $143,700,000 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, Nov 6, 2021
Jackpot:$143,700,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,162,891$756,227$197,905$1,208,760
2$2,271,036$796,240$207,800$1,266,996
3$2,384,588$838,255$218,190$1,328,143
4$2,503,817$882,370$229,099$1,392,348
5$2,629,008$928,690$240,554$1,459,763
6$2,760,458$977,327$252,582$1,530,549
7$2,898,481$1,028,395$265,211$1,604,875
8$3,043,405$1,082,017$278,472$1,682,916
9$3,195,575$1,138,320$292,395$1,764,860
10$3,355,354$1,197,438$307,015$1,850,901
11$3,523,122$1,259,512$322,366$1,941,244
12$3,699,278$1,324,690$338,484$2,036,104
13$3,884,242$1,393,127$355,408$2,135,707
14$4,078,454$1,464,985$373,179$2,240,290
15$4,282,377$1,540,437$391,837$2,350,103
16$4,496,496$1,619,661$411,429$2,465,406
17$4,721,320$1,702,846$432,001$2,586,474
18$4,957,386$1,790,190$453,601$2,713,595
19$5,205,256$1,881,902$476,281$2,847,073
20$5,465,518$1,978,199$500,095$2,987,224
21$5,738,794$2,079,311$525,100$3,134,383
22$6,025,734$2,185,479$551,355$3,288,901
23$6,327,021$2,296,955$578,922$3,451,143
24$6,643,372$2,414,005$607,869$3,621,498
25$6,975,540$2,536,907$638,262$3,800,371
26$7,324,317$2,665,955$670,175$3,988,188
27$7,690,533$2,801,455$703,684$4,185,395
28$8,075,060$2,943,729$738,868$4,392,462
29$8,478,813$3,093,118$775,811$4,609,883
30$8,902,754$3,249,976$814,602$4,838,176
Total$143,700,000$51,847,718$13,148,552$78,703,731

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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.