USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for May 20, 2026

For a non-Maryland resident

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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 $114,700,000 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:Wed, May 20, 2026
Jackpot:$114,700,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,726,400$594,725$164,008$967,667
2$1,812,720$626,664$172,208$1,013,848
3$1,903,356$660,199$180,819$1,062,338
4$1,998,523$695,411$189,860$1,113,253
5$2,098,449$732,384$199,353$1,166,713
6$2,203,372$771,205$209,320$1,222,847
7$2,313,541$811,967$219,786$1,281,787
8$2,429,218$854,768$230,776$1,343,674
9$2,550,679$899,708$242,314$1,408,656
10$2,678,212$946,896$254,430$1,476,886
11$2,812,123$996,443$267,152$1,548,529
12$2,952,729$1,048,467$280,509$1,623,753
13$3,100,366$1,103,093$294,535$1,702,738
14$3,255,384$1,160,449$309,261$1,785,673
15$3,418,153$1,220,674$324,725$1,872,755
16$3,589,061$1,283,910$340,961$1,964,190
17$3,768,514$1,350,307$358,009$2,060,198
18$3,956,940$1,420,025$375,909$2,161,005
19$4,154,786$1,493,228$394,705$2,266,854
20$4,362,526$1,570,092$414,440$2,377,994
21$4,580,652$1,650,799$435,162$2,494,692
22$4,809,685$1,735,541$456,920$2,617,224
23$5,050,169$1,824,520$479,766$2,745,883
24$5,302,677$1,917,948$503,754$2,880,975
25$5,567,811$2,016,047$528,942$3,022,822
26$5,846,202$2,119,052$555,389$3,171,761
27$6,138,512$2,227,207$583,159$3,328,147
28$6,445,437$2,340,769$612,317$3,492,352
29$6,767,709$2,460,010$642,932$3,664,767
30$7,106,095$2,585,212$675,079$3,845,804
Total$114,700,000$41,117,720$10,896,500$62,685,785

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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.