USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for May 6, 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 $31,200,000 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 6, 2026
Jackpot:$31,200,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$469,605$133,131$44,612$291,861
2$493,085$141,349$46,843$304,893
3$517,739$149,978$49,185$318,576
4$543,626$159,038$51,644$332,943
5$570,808$168,552$54,227$348,029
6$599,348$178,541$56,938$363,869
7$629,315$189,030$59,785$380,501
8$660,781$200,446$62,774$397,561
9$693,820$212,671$65,913$415,237
10$728,511$225,506$69,209$433,796
11$764,937$238,984$72,669$453,284
12$803,184$253,135$76,302$473,746
13$843,343$267,994$80,118$495,231
14$885,510$283,596$84,123$517,791
15$929,785$299,978$88,330$541,478
16$976,275$317,179$92,746$566,350
17$1,025,088$335,240$97,383$592,465
18$1,076,343$354,204$102,253$619,886
19$1,130,160$374,116$107,365$648,678
20$1,186,668$395,024$112,733$678,910
21$1,246,001$416,978$118,370$710,653
22$1,308,301$440,029$124,289$743,984
23$1,373,716$464,232$130,503$778,981
24$1,442,402$489,646$137,028$815,728
25$1,514,522$516,331$143,880$854,312
26$1,590,248$544,349$151,074$894,826
27$1,669,761$573,769$158,627$937,365
28$1,753,249$604,659$166,559$982,031
29$1,840,911$637,094$174,887$1,028,930
30$1,932,957$671,151$183,631$1,078,175
Total$31,200,000$10,235,930$2,964,000$18,000,070

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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.