USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Jan 9, 2002

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The tax information provided here is based on 2025 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 $49,100,000 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:Wed, Jan 9, 2002
Jackpot:$49,100,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$875,458$280,940$57,780$536,738
2$910,476$293,896$60,091$556,488
3$946,895$307,371$62,495$577,029
4$984,771$321,386$64,995$598,391
5$1,024,162$335,960$67,595$620,607
6$1,065,128$351,118$70,298$643,712
7$1,107,733$366,882$73,110$667,741
8$1,152,043$383,276$76,035$692,732
9$1,198,125$400,326$79,076$718,722
10$1,246,050$418,059$82,239$745,752
11$1,295,892$436,500$85,529$773,863
12$1,347,727$455,679$88,950$803,098
13$1,401,636$475,626$92,508$833,503
14$1,457,702$496,370$96,208$865,124
15$1,516,010$517,944$100,057$898,009
16$1,576,650$540,381$104,059$932,210
17$1,639,716$563,715$108,221$967,780
18$1,705,305$587,983$112,550$1,004,772
19$1,773,517$613,222$117,052$1,043,243
20$1,844,458$639,470$121,734$1,083,254
21$1,918,236$666,768$126,604$1,124,865
22$1,994,965$695,157$131,668$1,168,140
23$2,074,764$724,683$136,934$1,213,147
24$2,157,755$755,389$142,412$1,259,953
25$2,244,065$787,324$148,108$1,308,632
26$2,333,827$820,536$154,033$1,359,258
27$2,427,180$855,077$160,194$1,411,910
28$2,524,268$890,999$166,602$1,466,667
29$2,625,238$928,358$173,266$1,523,614
30$2,730,248$967,212$180,196$1,582,840
Total$49,100,000$16,877,607$3,240,599$28,981,794

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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.