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Delaware Mega Millions Jackpot Annuity Payout Schedule for Jan 17, 2025

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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 $113,000,000 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:Fri, Jan 17, 2025
Jackpot:$113,000,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,700,812$586,321$112,254$1,002,238
2$1,785,853$617,786$117,866$1,050,201
3$1,875,145$650,824$123,760$1,100,562
4$1,968,903$685,514$129,948$1,153,441
5$2,067,348$721,939$136,445$1,208,964
6$2,170,715$760,185$143,267$1,267,263
7$2,279,251$800,343$150,431$1,328,477
8$2,393,214$842,509$157,952$1,392,752
9$2,512,874$886,784$165,850$1,460,241
10$2,638,518$933,272$174,142$1,531,104
11$2,770,444$982,084$182,849$1,605,510
12$2,908,966$1,033,338$191,992$1,683,637
13$3,054,414$1,087,154$201,591$1,765,669
14$3,207,135$1,143,660$211,671$1,851,804
15$3,367,492$1,202,992$222,254$1,942,245
16$3,535,866$1,265,291$233,367$2,037,208
17$3,712,660$1,330,704$245,036$2,136,920
18$3,898,293$1,399,389$257,287$2,241,617
19$4,093,207$1,471,507$270,152$2,351,549
20$4,297,868$1,547,231$283,659$2,466,977
21$4,512,761$1,626,742$297,842$2,588,177
22$4,738,399$1,710,228$312,734$2,715,437
23$4,975,319$1,797,888$328,371$2,849,060
24$5,224,085$1,889,932$344,790$2,989,364
25$5,485,289$1,986,577$362,029$3,136,683
26$5,759,554$2,088,055$380,131$3,291,368
27$6,047,531$2,194,607$399,137$3,453,787
28$6,349,908$2,306,486$419,094$3,624,328
29$6,667,403$2,423,959$440,049$3,803,395
30$7,000,774$2,547,306$462,051$3,991,416
Total$113,000,000$40,520,607$7,458,001$65,021,394

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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.