USA Mega

Maryland Powerball Jackpot Annuity Payout Schedule for Jul 15, 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 $499,200,000 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, Jul 15, 2026
Jackpot:$499,200,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,513,676$2,736,018$713,799$4,063,860
2$7,889,360$2,875,021$749,489$4,264,851
3$8,283,828$3,020,974$786,964$4,475,891
4$8,698,020$3,174,225$826,312$4,697,483
5$9,132,920$3,335,138$867,627$4,930,155
6$9,589,567$3,504,097$911,009$5,174,461
7$10,069,045$3,681,504$956,559$5,430,982
8$10,572,497$3,867,781$1,004,387$5,700,329
9$11,101,122$4,063,372$1,054,607$5,983,143
10$11,656,178$4,268,743$1,107,337$6,280,098
11$12,238,987$4,484,383$1,162,704$6,591,901
12$12,850,937$4,710,804$1,220,839$6,919,294
13$13,493,483$4,948,546$1,281,881$7,263,056
14$14,168,158$5,198,176$1,345,975$7,624,007
15$14,876,565$5,460,286$1,413,274$8,003,005
16$15,620,394$5,735,503$1,483,937$8,400,953
17$16,401,413$6,024,480$1,558,134$8,818,799
18$17,221,484$6,327,906$1,636,041$9,257,537
19$18,082,558$6,646,504$1,717,843$9,718,211
20$18,986,686$6,981,031$1,803,735$10,201,920
21$19,936,020$7,332,285$1,893,922$10,709,814
22$20,932,821$7,701,101$1,988,618$11,243,102
23$21,979,463$8,088,358$2,088,049$11,803,055
24$23,078,435$8,494,978$2,192,451$12,391,006
25$24,232,357$8,921,929$2,302,074$13,008,354
26$25,443,975$9,370,228$2,417,178$13,656,570
27$26,716,174$9,840,942$2,538,037$14,337,196
28$28,051,982$10,335,191$2,664,938$15,051,853
29$29,454,582$10,854,152$2,798,185$15,802,244
30$30,927,311$11,399,062$2,938,095$16,590,154
Total$499,200,001$183,382,718$47,424,000$268,393,284

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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.