PBPowerballTax

7.15% state lottery tax

Maine Powerball Tax Calculator

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Maine applies a 7.15% state lottery tax — among the higher U.S. rates. Combined with federal taxes, the effective tax on a large jackpot exceeds 40%.

Note: 7.15% top rate

Maine after-tax take-home by jackpot tier

24% federal withholding + top-bracket adjustment + state tax. Cash lump sum estimated at 60% of advertised jackpot.

AdvertisedCash take-homeCash effectiveAnnuity take-home
$100M$33.6M44.01%$55.9M
$300M$100.6M44.1%$167.6M
$500M$167.6M44.12%$279.3M
$700M$234.7M44.13%$391.0M
$1B$335.2M44.14%$558.6M
$1.5B$502.7M44.14%$837.8M
$2B$670.3M44.14%$1.1B

Maine vs neighboring states ($1B cash)

StateRateCash take-home
Maine (ME)7.15%$335.2M
New Hampshire (NH)0%$378.1M
Massachusetts (MA)5%$348.1M

Frequently asked questions

Does Maine tax Powerball winnings?

Maine taxes Powerball winnings at 7.15%. Note: 7.15% top rate.

How much does a $1 billion Powerball winner take home in Maine?

On a $1 billion advertised jackpot taken as cash (gross $600,000,000), a Maine winner keeps approximately $335,183,278 after taxes — an effective rate of about 44.14%.

Can I avoid Maine lottery tax by moving states before claiming?

No. State lottery tax is determined by the state where the ticket was sold, not the winner's residence. A ticket bought in Maine is taxed at Maine's 7.15% rate; the winner's home state may credit or assess additional tax at filing.

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