USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Jan 16, 1999

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

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 $67,100,000 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, Jan 16, 1999
Jackpot:$67,100,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,196,400$398,625$78,962$718,812
2$1,244,256$416,332$82,121$745,803
3$1,294,026$434,747$85,406$773,873
4$1,345,787$453,898$88,822$803,067
5$1,399,618$473,816$92,375$833,428
6$1,455,603$494,530$96,070$865,003
7$1,513,827$516,073$99,913$897,841
8$1,574,380$538,478$103,909$931,993
9$1,637,356$561,779$108,065$967,511
10$1,702,850$586,012$112,388$1,004,450
11$1,770,964$611,214$116,884$1,042,866
12$1,841,802$637,424$121,559$1,082,819
13$1,915,474$664,683$126,421$1,124,370
14$1,992,093$693,032$131,478$1,167,583
15$2,071,777$722,515$136,737$1,212,525
16$2,154,648$753,177$142,207$1,259,264
17$2,240,834$785,066$147,895$1,307,873
18$2,330,467$818,230$153,811$1,358,426
19$2,423,686$852,721$159,963$1,411,002
20$2,520,634$888,592$166,362$1,465,680
21$2,621,459$925,897$173,016$1,522,546
22$2,726,317$964,695$179,937$1,581,686
23$2,835,370$1,005,044$187,134$1,643,191
24$2,948,785$1,047,008$194,620$1,707,157
25$3,066,736$1,090,650$202,405$1,773,682
26$3,189,406$1,136,037$210,501$1,842,868
27$3,316,982$1,183,241$218,921$1,914,821
28$3,449,661$1,232,332$227,678$1,989,652
29$3,587,648$1,283,387$236,785$2,067,476
30$3,731,154$1,336,484$246,256$2,148,413
Total$67,100,000$23,505,719$4,428,601$39,165,681

◄ 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.