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Delaware Powerball Jackpot Annuity Payout Schedule for Feb 21, 2001

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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 $93,500,000 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, Feb 21, 2001
Jackpot:$93,500,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,667,114$572,790$110,030$984,295
2$1,733,799$597,463$114,431$1,021,905
3$1,803,151$623,123$119,008$1,061,020
4$1,875,277$649,810$123,768$1,101,699
5$1,950,288$677,564$128,719$1,144,005
6$2,028,299$706,428$133,868$1,188,004
7$2,109,431$736,447$139,222$1,233,762
8$2,193,809$767,666$144,791$1,281,351
9$2,281,561$800,135$150,583$1,330,843
10$2,372,823$833,902$156,606$1,382,315
11$2,467,736$869,020$162,871$1,435,846
12$2,566,446$905,542$169,385$1,491,518
13$2,669,104$943,526$176,161$1,549,417
14$2,775,868$983,028$183,207$1,609,632
15$2,886,903$1,024,111$190,536$1,672,256
16$3,002,379$1,066,837$198,157$1,737,384
17$3,122,474$1,111,273$206,083$1,805,118
18$3,247,373$1,157,485$214,327$1,875,561
19$3,377,268$1,205,546$222,900$1,948,822
20$3,512,358$1,255,530$231,816$2,025,013
21$3,652,853$1,307,513$241,088$2,104,252
22$3,798,967$1,361,575$250,732$2,186,660
23$3,950,925$1,417,800$260,761$2,272,365
24$4,108,962$1,476,273$271,192$2,361,498
25$4,273,321$1,537,086$282,039$2,454,196
26$4,444,254$1,600,331$293,321$2,550,602
27$4,622,024$1,666,106$305,054$2,650,864
28$4,806,905$1,734,512$317,256$2,755,137
29$4,999,181$1,805,654$329,946$2,863,581
30$5,199,148$1,879,642$343,144$2,976,362
Total$93,500,000$33,273,718$6,171,002$54,055,283

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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.