USA Mega

Delaware Mega Millions Jackpot Annuity Payout Schedule for Nov 12, 2024

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

The tax information provided here is based on 2025 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 $361,000,000 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, Nov 12, 2024
Jackpot:$361,000,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,433,568$1,967,440$358,615$3,107,512
2$5,705,247$2,067,961$376,546$3,260,739
3$5,990,509$2,173,508$395,374$3,421,627
4$6,290,034$2,284,333$415,142$3,590,559
5$6,604,536$2,400,698$435,899$3,767,938
6$6,934,763$2,522,882$457,694$3,954,186
7$7,281,501$2,651,176$480,579$4,149,746
8$7,645,576$2,785,883$504,608$4,355,085
9$8,027,855$2,927,327$529,838$4,570,690
10$8,429,247$3,075,842$556,330$4,797,075
11$8,850,710$3,231,783$584,147$5,034,780
12$9,293,245$3,395,521$613,354$5,284,370
13$9,757,908$3,567,446$644,022$5,546,440
14$10,245,803$3,747,967$676,223$5,821,613
15$10,758,093$3,937,515$710,034$6,110,544
16$11,295,998$4,136,539$745,536$6,413,923
17$11,860,798$4,345,515$782,813$6,732,470
18$12,453,838$4,564,940$821,953$7,066,944
19$13,076,529$4,795,336$863,051$7,418,142
20$13,730,356$5,037,252$906,203$7,786,901
21$14,416,874$5,291,263$951,514$8,174,096
22$15,137,717$5,557,976$999,089$8,580,652
23$15,894,603$5,838,023$1,049,044$9,007,536
24$16,689,333$6,132,074$1,101,496$9,455,764
25$17,523,800$6,440,826$1,156,571$9,926,403
26$18,399,990$6,765,017$1,214,399$10,420,574
27$19,319,990$7,105,416$1,275,119$10,939,454
28$20,285,989$7,462,836$1,338,875$11,484,277
29$21,300,288$7,838,127$1,405,819$12,056,342
30$22,365,303$8,232,182$1,476,110$12,657,011
Total$361,000,001$132,280,604$23,825,997$204,893,393

◄ 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.