USA Mega

Maine Powerball Jackpot Annuity Payout Schedule for Sep 18, 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 $460,600,000 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, Sep 18, 2021
Jackpot:$460,600,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,932,691$2,521,053$634,341$3,777,297
2$7,279,326$2,649,308$666,058$3,963,960
3$7,643,292$2,783,975$699,361$4,159,955
4$8,025,457$2,925,376$734,329$4,365,751
5$8,426,729$3,073,847$771,046$4,581,836
6$8,848,066$3,229,742$809,598$4,808,726
7$9,290,469$3,393,431$850,078$5,046,960
8$9,754,993$3,565,305$892,582$5,297,106
9$10,242,742$3,745,772$937,211$5,559,759
10$10,754,879$3,935,263$984,071$5,835,545
11$11,292,623$4,134,228$1,033,275$6,125,120
12$11,857,254$4,343,141$1,084,939$6,429,174
13$12,450,117$4,562,501$1,139,186$6,748,431
14$13,072,623$4,792,828$1,196,145$7,083,650
15$13,726,254$5,034,671$1,255,952$7,435,631
16$14,412,567$5,288,607$1,318,750$7,805,210
17$15,133,195$5,555,239$1,384,687$8,193,268
18$15,889,855$5,835,204$1,453,922$8,600,730
19$16,684,347$6,129,166$1,526,618$9,028,564
20$17,518,565$6,437,826$1,602,949$9,477,790
21$18,394,493$6,761,920$1,683,096$9,949,477
22$19,314,218$7,102,218$1,767,251$10,444,749
23$20,279,929$7,459,531$1,855,613$10,964,784
24$21,293,925$7,834,709$1,948,394$11,510,821
25$22,358,621$8,228,647$2,045,814$12,084,160
26$23,476,553$8,642,282$2,148,105$12,686,166
27$24,650,380$9,076,598$2,255,510$13,318,272
28$25,882,899$9,532,630$2,368,285$13,981,984
29$27,177,044$10,011,463$2,486,700$14,678,881
30$28,535,896$10,514,239$2,611,035$15,410,623
Total$460,600,001$169,100,720$42,144,901$249,354,380

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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.