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Maine Powerball Jackpot Annuity Payout Schedule for Aug 29, 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 $119,000,000 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, Aug 29, 2026
Jackpot:$119,000,000
Federal Tax:37% marginal rate
State Tax: 9.15%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,791,121$618,672$163,888$1,008,561
2$1,880,677$651,808$172,082$1,056,787
3$1,974,711$686,600$180,686$1,107,424
4$2,073,446$723,132$189,720$1,160,594
5$2,177,118$761,491$199,206$1,216,421
6$2,285,974$801,768$209,167$1,275,040
7$2,400,273$844,058$219,625$1,336,590
8$2,520,287$888,463$230,606$1,401,217
9$2,646,301$935,089$242,137$1,469,076
10$2,778,616$984,045$254,243$1,540,328
11$2,917,547$1,035,450$266,956$1,615,142
12$3,063,424$1,089,424$280,303$1,693,697
13$3,216,596$1,146,098$294,318$1,776,179
14$3,377,425$1,205,605$309,034$1,862,786
15$3,546,297$1,268,087$324,486$1,953,723
16$3,723,612$1,333,694$340,710$2,049,208
17$3,909,792$1,402,580$357,746$2,149,466
18$4,105,282$1,474,911$375,633$2,254,737
19$4,310,546$1,550,859$394,415$2,365,272
20$4,526,073$1,630,604$414,136$2,481,333
21$4,752,377$1,714,337$434,842$2,603,198
22$4,989,995$1,802,256$456,585$2,731,155
23$5,239,495$1,894,570$479,414$2,865,511
24$5,501,470$1,991,501$503,385$3,006,584
25$5,776,543$2,093,278$528,554$3,154,711
26$6,065,371$2,200,144$554,981$3,310,245
27$6,368,639$2,312,354$582,730$3,473,555
28$6,687,071$2,430,174$611,867$3,645,031
29$7,021,425$2,553,884$642,460$3,825,080
30$7,372,496$2,683,781$674,583$4,014,132
Total$119,000,000$42,708,717$10,888,498$65,402,783

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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.