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Maine Powerball Jackpot Annuity Payout Schedule for Aug 12, 2026

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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 $1,040,200,000 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:Wed, Aug 12, 2026
Jackpot:$1,040,200,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$15,656,503$5,748,863$1,432,570$8,475,069
2$16,439,328$6,038,509$1,504,199$8,896,621
3$17,261,294$6,342,636$1,579,408$9,339,250
4$18,124,360$6,661,970$1,658,379$9,804,010
5$19,030,577$6,997,271$1,741,298$10,292,008
6$19,982,106$7,349,336$1,828,363$10,804,407
7$20,981,212$7,719,006$1,919,781$11,342,425
8$22,030,272$8,107,158$2,015,770$11,907,344
9$23,131,786$8,514,718$2,116,558$12,500,509
10$24,288,375$8,942,656$2,222,386$13,123,332
11$25,502,794$9,391,991$2,333,506$13,777,297
12$26,777,933$9,863,792$2,450,181$14,463,960
13$28,116,830$10,359,184$2,572,690$15,184,956
14$29,522,671$10,879,346$2,701,324$15,942,001
15$30,998,805$11,425,515$2,836,391$16,736,899
16$32,548,745$11,998,993$2,978,210$17,571,542
17$34,176,182$12,601,145$3,127,121$18,447,917
18$35,884,991$13,233,404$3,283,477$19,368,111
19$37,679,241$13,897,276$3,447,651$20,334,314
20$39,563,203$14,594,342$3,620,033$21,348,828
21$41,541,363$15,326,261$3,801,035$22,414,067
22$43,618,431$16,094,777$3,991,086$23,532,568
23$45,799,353$16,901,718$4,190,641$24,706,994
24$48,089,320$17,749,006$4,400,173$25,940,141
25$50,493,786$18,638,658$4,620,181$27,234,946
26$53,018,476$19,572,793$4,851,191$28,594,492
27$55,669,400$20,553,635$5,093,750$30,022,014
28$58,452,869$21,583,519$5,348,437$31,520,913
29$61,375,512$22,664,897$5,615,859$33,094,756
30$64,444,289$23,800,344$5,896,652$34,747,292
Total$1,040,200,002$383,552,719$95,178,301$561,468,983

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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.