USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for Jan 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 $140,900,000 for a ticket purchased in Maryland, 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:

Maryland

Drawing Date:Mon, Jan 12, 2026
Jackpot:$140,900,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,120,747$740,634$201,471$1,178,642
2$2,226,785$779,868$211,545$1,235,373
3$2,338,124$821,063$222,122$1,294,939
4$2,455,030$864,318$233,228$1,357,484
5$2,577,781$909,736$244,889$1,423,156
6$2,706,671$957,425$257,134$1,492,111
7$2,842,004$1,007,499$269,990$1,564,515
8$2,984,104$1,060,076$283,490$1,640,539
9$3,133,310$1,115,282$297,664$1,720,363
10$3,289,975$1,173,248$312,548$1,804,179
11$3,454,474$1,234,113$328,175$1,892,186
12$3,627,197$1,298,020$344,584$1,984,593
13$3,808,557$1,365,123$361,813$2,081,621
14$3,998,985$1,435,582$379,904$2,183,500
15$4,198,934$1,509,563$398,899$2,290,473
16$4,408,881$1,587,243$418,844$2,402,794
17$4,629,325$1,668,808$439,786$2,520,732
18$4,860,791$1,754,450$461,775$2,644,566
19$5,103,831$1,844,375$484,864$2,774,592
20$5,359,023$1,938,796$509,107$2,911,120
21$5,626,974$2,037,938$534,562$3,054,474
22$5,908,322$2,142,037$561,291$3,204,995
23$6,203,739$2,251,341$589,355$3,363,043
24$6,513,925$2,366,110$618,823$3,528,993
25$6,839,622$2,486,617$649,764$3,703,240
26$7,181,603$2,613,150$682,252$3,886,200
27$7,540,683$2,746,010$716,365$4,078,308
28$7,917,717$2,885,513$752,183$4,280,021
29$8,313,603$3,031,990$789,792$4,491,820
30$8,729,283$3,185,792$829,282$4,714,209
Total$140,900,000$50,811,720$13,385,501$76,702,781

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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.