USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for Feb 28, 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 $237,000,000 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:Sat, Feb 28, 2026
Jackpot:$237,000,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,567,190$1,275,818$338,883$1,952,489
2$3,745,550$1,341,811$355,827$2,047,912
3$3,932,827$1,411,103$373,619$2,148,105
4$4,129,469$1,483,861$392,300$2,253,308
5$4,335,942$1,560,256$411,914$2,363,772
6$4,552,739$1,640,471$432,510$2,479,758
7$4,780,376$1,724,696$454,136$2,601,544
8$5,019,395$1,813,133$476,843$2,729,419
9$5,270,365$1,905,992$500,685$2,863,688
10$5,533,883$2,003,494$525,719$3,004,670
11$5,810,577$2,105,871$552,005$3,152,701
12$6,101,106$2,213,366$579,605$3,308,134
13$6,406,161$2,326,237$608,585$3,471,339
14$6,726,469$2,444,751$639,015$3,642,704
15$7,062,792$2,569,190$670,965$3,822,637
16$7,415,932$2,699,852$704,514$4,011,566
17$7,786,729$2,837,047$739,739$4,209,943
18$8,176,065$2,981,101$776,726$4,418,238
19$8,584,868$3,132,359$815,562$4,636,947
20$9,014,112$3,291,179$856,341$4,866,593
21$9,464,817$3,457,940$899,158$5,107,720
22$9,938,058$3,633,039$944,116$5,360,904
23$10,434,961$3,816,893$991,321$5,626,747
24$10,956,709$4,009,940$1,040,887$5,905,882
25$11,504,545$4,212,639$1,092,932$6,198,974
26$12,079,772$4,425,473$1,147,578$6,506,721
27$12,683,761$4,648,949$1,204,957$6,829,855
28$13,317,948$4,883,598$1,265,205$7,169,145
29$13,983,846$5,129,980$1,328,465$7,525,400
30$14,683,038$5,388,681$1,394,889$7,899,468
Total$237,000,000$86,368,720$22,515,001$128,116,283

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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.