Troy Jackson's new financial disclosure report has shed light on the Democrat's earnings and assets as he attempts to unseat five-term Republican Susan Collins in Maine's Senate race. Beyond the direct financial concerns of everyday Mainers, the finances of both candidates have been a source of intense interest leading into the final stretch of the campaign. Buoyed by allegations of a pay-to-play scheme involving the incumbent senator, which she denies, Jackson's campaign has sought to portray Collins as corrupt while citing her significant financial holdings as evidence of her establishment status.
Republicans, meanwhile, have accused Jackson of abusing his former position as Maine Senate President to enrich himself and his family. The financial disclosure filed this week—after a nearly two-month extension—shows that Jackson's primary source of income this year and last was consulting work, and that he holds with his spouse up to $430,000 worth of assets. However, the report has underscored that his overall fortune pales in comparison to that of Collins, whose estimated net worth sits comfortably in the millions of dollars per her own recent disclosures.
In comments to the Portland Press Herald, which first reported on the disclosure, Jackson's campaign said the filing "reflects a lifetime of working for a paycheck" and shows that Jackson, unlike his opponent, "understands what it means to worry about making ends meet." Newsweek has contacted both campaigns for comment. The disclosure, filed late on Monday after Jackson secured a 55-day extension, provides the first comprehensive picture of his personal finances since he replaced Graham Platner as the candidate in July. Jackson made $147,900 in 2026 and last year in "self-employment income," according to the report, including over $130,000 in consulting work: $90,000 from the International Association of Machinists and $48,000 from the International Union of Painters and Allied Trades.
Jackson also reported 2025 payments of $4,800 from the Maine-based nonprofit Food and Medicine and $5,100 from the Eastern Maine Labor Council. The report said Jackson worked as an organizer for both, and his campaign told Portland Press Herald that Jackson no longer provides consulting or organizing services to the groups. The Democratic nominee reported zero liabilities over $10,000, along with $147,000 to $430,000 worth of assets between him and his spouse.
This includes up to $250,000 in state retirement benefits from his wife and Jackson's own pension plan, which is valued at between $15,001 and $50,000. His wife also owns two properties in Maine: an undeveloped patch of land in St. Francis worth up to $15,000 and a commercial property valued at between $15,001 and $50,000.
No income was reported for either property. While the description of Jackson as a "fifth-generation logger from Allagash" has been prominent during the campaign, the financial disclosure lists no income from logging. Jackson's campaign has said he engages in logging only periodically since his election to the Maine House of Representatives in 2002.
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