USA Mega

Delaware Mega Millions Jackpot Annuity Payout Schedule for Jan 5, 2021

Media: You may freely use any information on this page, but you must credit usamega.com.

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 Mega Millions 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 $447,000,000 for a ticket purchased in Delaware, 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:

Delaware

Drawing Date:Tue, Jan 5, 2021
Jackpot:$447,000,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,727,991$2,445,314$444,047$3,838,630
2$7,064,391$2,569,782$466,250$4,028,359
3$7,417,611$2,700,473$489,562$4,227,575
4$7,788,491$2,837,699$514,040$4,436,752
5$8,177,916$2,981,786$539,742$4,656,387
6$8,586,811$3,133,077$566,730$4,887,004
7$9,016,152$3,291,934$595,066$5,129,153
8$9,466,960$3,458,732$624,819$5,383,408
9$9,940,308$3,633,871$656,060$5,650,376
10$10,437,323$3,817,767$688,863$5,930,693
11$10,959,189$4,010,857$723,306$6,225,026
12$11,507,149$4,213,602$759,472$6,534,075
13$12,082,506$4,426,485$797,445$6,858,576
14$12,686,632$4,650,011$837,318$7,199,303
15$13,320,963$4,884,714$879,184$7,557,066
16$13,987,011$5,131,151$923,143$7,932,717
17$14,686,362$5,389,911$969,300$8,327,151
18$15,420,680$5,661,609$1,017,765$8,741,306
19$16,191,714$5,946,891$1,068,653$9,176,169
20$17,001,299$6,246,438$1,122,086$9,632,776
21$17,851,364$6,560,962$1,178,190$10,112,212
22$18,743,933$6,891,212$1,237,100$10,615,621
23$19,681,129$7,237,975$1,298,955$11,144,200
24$20,665,185$7,602,076$1,363,902$11,699,207
25$21,698,445$7,984,382$1,432,097$12,281,966
26$22,783,367$8,385,803$1,503,702$12,893,862
27$23,922,536$8,807,295$1,578,887$13,536,353
28$25,118,662$9,249,862$1,657,832$14,210,968
29$26,374,595$9,714,558$1,740,723$14,919,315
30$27,693,325$10,202,488$1,827,759$15,663,078
Total$447,000,001$164,068,717$29,501,998$253,429,284

◄ Back to Jackpot Analysis

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.