USA Mega

Delaware Mega Millions Jackpot Annuity Payout Schedule for Jul 23, 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 2021 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 $140,000,000 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 prize money, as well as deductions claimed.

State:

Delaware

Drawing Date:Fri, Jul 23, 2021
Jackpot:$140,000,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,107,201$743,737$139,075$1,224,389
2$2,212,561$782,720$146,029$1,283,812
3$2,323,189$823,652$153,330$1,346,206
4$2,439,349$866,631$160,997$1,411,720
5$2,561,316$911,759$169,047$1,480,510
6$2,689,382$959,143$177,499$1,552,739
7$2,823,851$1,008,897$186,374$1,628,580
8$2,965,043$1,061,138$195,693$1,708,212
9$3,113,296$1,115,992$205,478$1,791,826
10$3,268,960$1,173,588$215,751$1,879,621
11$3,432,408$1,234,063$226,539$1,971,806
12$3,604,029$1,297,563$237,866$2,068,600
13$3,784,230$1,364,237$249,759$2,170,234
14$3,973,442$1,434,246$262,247$2,276,949
15$4,172,114$1,507,754$275,360$2,389,000
16$4,380,719$1,584,938$289,127$2,506,654
17$4,599,755$1,665,982$303,584$2,630,190
18$4,829,743$1,751,077$318,763$2,759,903
19$5,071,230$1,840,427$334,701$2,896,102
20$5,324,792$1,934,245$351,436$3,039,110
21$5,591,031$2,032,754$369,008$3,189,269
22$5,870,583$2,136,188$387,458$3,346,937
23$6,164,112$2,244,794$406,831$3,512,487
24$6,472,318$2,358,830$427,173$3,686,315
25$6,795,933$2,478,568$448,532$3,868,834
26$7,135,730$2,604,292$470,958$4,060,480
27$7,492,517$2,736,303$494,506$4,261,707
28$7,867,143$2,874,915$519,231$4,472,996
29$8,260,500$3,020,457$545,193$4,694,850
30$8,673,525$3,173,276$572,453$4,927,796
Total$140,000,000$50,722,166$9,239,998$80,037,834

◄ 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.