USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Aug 12, 2000

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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 $19,000,000 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:Sat, Aug 12, 2000
Jackpot:$19,000,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$338,772$87,339$22,359$229,074
2$352,323$92,082$23,253$236,987
3$366,416$97,015$24,183$245,218
4$381,072$102,145$25,151$253,777
5$396,315$107,480$26,157$262,679
6$412,168$113,028$27,203$271,937
7$428,655$118,798$28,291$281,565
8$445,801$124,799$29,423$291,578
9$463,633$131,041$30,600$301,992
10$482,178$137,532$31,824$312,823
11$501,465$144,282$33,097$324,086
12$521,524$151,303$34,421$335,801
13$542,385$158,604$35,797$347,983
14$564,080$166,197$37,229$360,654
15$586,643$174,094$38,718$373,830
16$610,109$182,307$40,267$387,534
17$634,513$190,849$41,878$401,787
18$659,894$200,118$43,553$416,223
19$686,290$209,884$45,295$431,110
20$713,741$220,042$47,107$446,593
21$742,291$230,605$48,991$462,695
22$771,983$241,591$50,951$479,441
23$802,862$253,016$52,989$496,857
24$834,976$264,898$55,108$514,969
25$868,375$277,256$57,313$533,806
26$903,110$290,108$59,605$553,397
27$939,235$303,474$61,989$573,771
28$976,804$317,375$64,469$594,960
29$1,015,876$331,832$67,048$616,997
30$1,056,511$346,866$69,730$639,915
Total$19,000,000$5,765,960$1,253,999$11,980,039

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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.