USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Jul 29, 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 $6,000,000 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:Wed, Jul 29, 1992
Jackpot:$6,000,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$106,981$18,273$7,061$81,647
2$111,260$19,300$7,343$84,616
3$115,710$20,368$7,637$87,705
4$120,339$21,479$7,942$90,917
5$125,152$22,635$8,260$94,258
6$130,158$23,836$8,590$97,732
7$135,365$25,085$8,934$101,345
8$140,779$26,385$9,291$105,103
9$146,410$27,736$9,663$109,011
10$152,267$29,142$10,050$113,075
11$158,357$30,604$10,452$117,302
12$164,692$32,124$10,870$121,698
13$171,279$33,705$11,304$126,270
14$178,131$35,349$11,757$131,025
15$185,256$37,059$12,227$135,970
16$192,666$38,838$12,716$141,112
17$200,373$40,687$13,225$146,461
18$208,388$43,140$13,754$151,494
19$216,723$45,807$14,304$156,612
20$225,392$48,581$14,876$161,935
21$234,408$51,466$15,471$167,470
22$243,784$54,467$16,090$173,227
23$253,535$57,587$16,733$179,215
24$263,677$61,056$17,403$185,218
25$274,224$64,748$18,099$191,377
26$285,193$68,587$18,823$197,783
27$296,600$72,579$19,576$204,445
28$308,464$76,732$20,359$211,374
29$320,803$81,050$21,173$218,580
30$333,635$85,542$22,020$226,074
Total$6,000,000$1,293,947$396,003$4,310,051

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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.