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Delaware Mega Millions Jackpot Annuity Payout Schedule for Dec 27, 2022

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The tax information provided here is based on 2024 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 $565,000,000 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, Dec 27, 2022
Jackpot:$565,000,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,504,061$3,104,690$561,268$4,838,103
2$8,929,264$3,262,015$589,331$5,077,917
3$9,375,727$3,427,207$618,798$5,329,722
4$9,844,514$3,600,658$649,738$5,594,118
5$10,336,739$3,782,781$682,225$5,871,733
6$10,853,576$3,974,011$716,336$6,163,229
7$11,396,255$4,174,802$752,153$6,469,300
8$11,966,068$4,385,633$789,760$6,790,674
9$12,564,371$4,607,005$829,248$7,128,118
10$13,192,590$4,839,446$870,711$7,482,433
11$13,852,219$5,083,509$914,246$7,854,464
12$14,544,830$5,339,775$959,959$8,245,096
13$15,272,071$5,608,854$1,007,957$8,655,261
14$16,035,675$5,891,388$1,058,355$9,085,933
15$16,837,459$6,188,047$1,111,272$9,538,139
16$17,679,332$6,499,541$1,166,836$10,012,955
17$18,563,298$6,826,608$1,225,178$10,511,512
18$19,491,463$7,170,029$1,286,437$11,034,998
19$20,466,036$7,530,621$1,350,758$11,584,657
20$21,489,338$7,909,243$1,418,296$12,161,799
21$22,563,805$8,306,796$1,489,211$12,767,798
22$23,691,995$8,724,226$1,563,672$13,404,098
23$24,876,595$9,162,528$1,641,855$14,072,212
24$26,120,425$9,622,745$1,723,948$14,773,732
25$27,426,446$10,105,973$1,810,145$15,510,328
26$28,797,769$10,613,362$1,900,653$16,283,754
27$30,237,657$11,146,121$1,995,685$17,095,851
28$31,749,539$11,705,517$2,095,470$17,948,552
29$33,337,016$12,292,884$2,200,243$18,843,890
30$35,003,868$12,909,619$2,310,255$19,783,994
Total$565,000,001$207,795,634$37,289,999$319,914,370

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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.