USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Dec 4, 2021

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $270,300,000 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, Dec 4, 2021
Jackpot:$270,300,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,068,403$1,461,266$290,891$2,316,246
2$4,271,823$1,536,532$305,435$2,429,856
3$4,485,414$1,615,560$320,707$2,549,147
4$4,709,685$1,698,541$336,742$2,674,402
5$4,945,169$1,785,670$353,580$2,805,920
6$5,192,428$1,877,155$371,259$2,944,014
7$5,452,049$1,973,215$389,822$3,089,012
8$5,724,652$2,074,078$409,313$3,241,261
9$6,010,884$2,179,984$429,778$3,401,122
10$6,311,428$2,291,186$451,267$3,568,975
11$6,627,000$2,407,947$473,830$3,745,222
12$6,958,350$2,530,547$497,522$3,930,281
13$7,306,267$2,659,276$522,398$4,124,593
14$7,671,581$2,794,442$548,518$4,328,620
15$8,055,159$2,936,366$575,944$4,542,849
16$8,457,918$3,085,387$604,741$4,767,790
17$8,880,813$3,241,858$634,978$5,003,977
18$9,324,854$3,406,153$666,727$5,251,974
19$9,791,097$3,578,663$700,063$5,512,370
20$10,280,652$3,759,798$735,067$5,785,787
21$10,794,684$3,949,990$771,820$6,072,874
22$11,334,418$4,149,692$810,411$6,374,315
23$11,901,139$4,359,379$850,931$6,690,829
24$12,496,196$4,579,550$893,478$7,023,168
25$13,121,006$4,810,729$938,152$7,372,125
26$13,777,056$5,053,468$985,060$7,738,529
27$14,465,909$5,308,344$1,034,313$8,123,253
28$15,189,204$5,575,963$1,086,028$8,527,213
29$15,948,665$5,856,963$1,140,330$8,951,372
30$16,746,098$6,152,014$1,197,346$9,396,739
Total$270,300,001$98,689,716$19,326,451$152,283,835

◄ Back to Jackpot Analysis

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.