USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Dec 16, 1992

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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 Powerball 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 $6,400,000 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:Wed, Dec 16, 1992
Jackpot:$6,400,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$114,113$19,985$7,531$86,596
2$118,677$21,081$7,833$89,764
3$123,424$22,220$8,146$93,058
4$128,361$23,405$8,472$96,485
5$133,496$24,637$8,811$100,048
6$138,835$25,919$9,163$103,754
7$144,389$27,251$9,530$107,608
8$150,164$28,637$9,911$111,616
9$156,171$30,079$10,307$115,785
10$162,418$31,578$10,720$120,120
11$168,915$33,137$11,148$124,629
12$175,671$34,759$11,594$129,318
13$182,698$36,446$12,058$134,194
14$190,006$38,199$12,540$139,266
15$197,606$40,023$13,042$144,541
16$205,510$42,219$13,564$149,727
17$213,731$44,850$14,106$154,775
18$222,280$47,586$14,670$160,024
19$231,171$50,431$15,257$165,483
20$240,418$53,390$15,868$171,161
21$250,035$56,467$16,502$177,065
22$260,036$59,782$17,162$183,092
23$270,438$63,422$17,849$189,166
24$281,255$67,209$18,563$195,484
25$292,505$71,146$19,305$202,054
26$304,206$75,241$20,078$208,887
27$316,374$79,500$20,881$215,993
28$329,029$83,929$21,716$223,384
29$342,190$88,536$22,585$231,070
30$355,878$93,326$23,488$239,063
Total$6,400,000$1,414,390$422,400$4,563,210

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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.