USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for May 16, 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 $89,400,000 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, May 16, 2026
Jackpot:$89,400,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,345,598$453,829$127,832$763,938
2$1,412,878$478,722$134,223$799,933
3$1,483,522$504,860$140,935$837,727
4$1,557,698$532,306$147,981$877,411
5$1,635,583$561,123$155,380$919,080
6$1,717,362$591,381$163,149$962,832
7$1,803,230$623,153$171,307$1,008,771
8$1,893,392$656,512$179,872$1,057,007
9$1,988,062$691,540$188,866$1,107,656
10$2,087,465$728,319$198,309$1,160,836
11$2,191,838$766,937$208,225$1,216,676
12$2,301,430$807,486$218,636$1,275,308
13$2,416,501$850,063$229,568$1,336,871
14$2,537,326$894,768$241,046$1,401,512
15$2,664,193$941,709$253,098$1,469,386
16$2,797,402$990,996$265,753$1,540,653
17$2,937,272$1,042,748$279,041$1,615,483
18$3,084,136$1,097,088$292,993$1,694,055
19$3,238,343$1,154,144$307,643$1,776,556
20$3,400,260$1,214,053$323,025$1,863,182
21$3,570,273$1,276,958$339,176$1,954,139
22$3,748,787$1,343,008$356,135$2,049,644
23$3,936,226$1,412,361$373,941$2,149,924
24$4,133,037$1,485,181$392,639$2,255,218
25$4,339,689$1,561,642$412,270$2,365,776
26$4,556,673$1,641,926$432,884$2,481,863
27$4,784,507$1,726,225$454,528$2,603,754
28$5,023,732$1,814,738$477,255$2,731,740
29$5,274,919$1,907,677$501,117$2,866,124
30$5,538,665$2,005,263$526,173$3,007,229
Total$89,400,000$31,756,716$8,493,000$49,150,284

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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.