USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Aug 1, 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 $7,300,000 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:Sat, Aug 1, 1992
Jackpot:$7,300,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$130,160$23,836$8,591$97,733
2$135,366$25,086$8,934$101,346
3$140,781$26,385$9,292$105,104
4$146,412$27,737$9,663$109,012
5$152,268$29,142$10,050$113,076
6$158,359$30,604$10,452$117,303
7$164,694$32,124$10,870$121,699
8$171,281$33,706$11,305$126,271
9$178,133$35,350$11,757$131,026
10$185,258$37,060$12,227$135,971
11$192,668$38,838$12,716$141,114
12$200,375$40,688$13,225$146,462
13$208,390$43,141$13,754$151,495
14$216,726$45,808$14,304$156,613
15$225,395$48,582$14,876$161,936
16$234,410$51,467$15,471$167,472
17$243,787$54,468$16,090$173,229
18$253,538$57,588$16,734$179,216
19$263,680$61,057$17,403$185,220
20$274,227$64,749$18,099$191,379
21$285,196$68,588$18,823$197,785
22$296,604$72,581$19,576$204,447
23$308,468$76,733$20,359$211,376
24$320,807$81,052$21,173$218,582
25$333,639$85,543$22,020$226,076
26$346,985$90,214$22,901$233,870
27$360,864$95,072$23,817$241,975
28$375,298$100,124$24,770$250,405
29$390,310$105,378$25,760$259,172
30$405,923$110,842$26,791$268,290
Total$7,300,000$1,693,543$481,803$5,124,655

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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.