Maryland Powerball

Latest Powerball results and how much you keep after Maryland taxes.

Latest Powerball Drawing

Monday, May 25
173248606410

Jackpot: $154M

Drawings every Mon, Wed & Sat at 10:59 PM ET · Power Play optional +$1

Maryland Powerball — Take-Home After Taxes

Based on $154M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$154M
Cash value (~55%)$85M
Federal tax (37%)$31M
Maryland tax (8.75%)$7M
You keep$46M

Annuity (30 Payments)

Full jackpot$154M
Annual payment$5M
Federal withholding (24%)$1M
Maryland tax$449K
Annual net$3M
30-year total$104M

Maryland Lottery Information

State tax on winnings

8.75%

Draw days

Mon, Wed, Sat at 10:59 PM ET

Ticket price

$2 per play (+$1 Power Play)

Jackpot odds

1 in 292,201,338

Official Maryland Lottery Website

Frequently Asked Questions

How much is the Powerball jackpot in Maryland?

The current Powerball jackpot is $154M. Powerball is played in Maryland along with 44 other states. Drawings are held Monday, Wednesday, and Saturday at 10:59 PM ET.

How much do you keep from Powerball in Maryland?

For the lump sum on a $154M jackpot in Maryland, you'd receive $85M cash, pay approximately $31M in federal taxes and $7M in Maryland state taxes (8.75%), keeping about $46M.

Where do I buy Powerball tickets in Maryland?

Powerball tickets are sold at most convenience stores, gas stations, grocery stores, and other licensed lottery retailers throughout Maryland. Tickets cost $2 per play, with an optional $1 Power Play add-on.

How do I claim a Powerball prize in Maryland?

Prizes under $600 can typically be claimed at any Maryland lottery retailer. Prizes $600 and above must be claimed at a Maryland Lottery district office or headquarters. Jackpot winners must contact the Maryland Lottery directly. Keep your ticket safe — it is the only proof of your win.

Does Maryland tax Powerball winnings?

Yes. Maryland taxes lottery winnings at 8.75% state income tax, in addition to federal taxes. Use our Maryland lottery tax calculator to see your exact take-home.

Powerball in Maryland

Maryland residents can purchase Powerball tickets at licensed lottery retailers statewide. Powerball is a multi-state lottery operated by the Multi-State Lottery Association (MUSL), with drawings every Monday, Wednesday, and Saturday at 10:59 PM Eastern Time.

If you win the Powerball jackpot in Maryland, you have 60 days from the drawing date to choose between the lump-sum cash option and the annuity. The lump sum pays approximately 55-60% of the advertised jackpot immediately, while the annuity pays the full amount over 29 years in 30 graduated payments.

Maryland taxes lottery winnings at 8.75%, which is applied on top of the 37% federal tax rate for top earners. For a large jackpot, the combined effective rate can exceed 50% for lump-sum winners. Use the Maryland lottery tax calculator for a precise breakdown based on your specific prize amount.