USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Mar 27, 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 $235,400,000 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, Mar 27, 2021
Jackpot:$235,400,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,543,108$1,266,907$324,194$1,952,006
2$3,720,263$1,332,455$340,404$2,047,405
3$3,906,276$1,401,279$357,424$2,147,573
4$4,101,590$1,473,546$375,296$2,252,749
5$4,306,670$1,549,425$394,060$2,363,184
6$4,522,003$1,629,098$413,763$2,479,141
7$4,748,103$1,712,756$434,451$2,600,896
8$4,985,509$1,800,595$456,174$2,728,739
9$5,234,784$1,892,827$478,983$2,862,974
10$5,496,523$1,989,671$502,932$3,003,920
11$5,771,349$2,091,357$528,078$3,151,914
12$6,059,917$2,198,126$554,482$3,307,308
13$6,362,913$2,310,235$582,207$3,470,471
14$6,681,058$2,427,949$611,317$3,641,793
15$7,015,111$2,551,548$641,883$3,821,680
16$7,365,867$2,681,328$673,977$4,010,562
17$7,734,160$2,817,596$707,676$4,208,888
18$8,120,868$2,960,678$743,059$4,417,130
19$8,526,911$3,110,914$780,212$4,635,785
20$8,953,257$3,268,662$819,223$4,865,372
21$9,400,920$3,434,298$860,184$5,106,438
22$9,870,966$3,608,215$903,193$5,359,558
23$10,364,514$3,790,827$948,353$5,625,334
24$10,882,740$3,982,571$995,771$5,904,398
25$11,426,877$4,183,902$1,045,559$6,197,416
26$11,998,221$4,395,299$1,097,837$6,505,085
27$12,598,132$4,617,266$1,152,729$6,828,137
28$13,228,038$4,850,331$1,210,365$7,167,341
29$13,889,440$5,095,050$1,270,884$7,523,506
30$14,583,912$5,352,005$1,334,428$7,897,480
Total$235,400,000$85,776,716$21,539,098$128,084,183

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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.