USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Jul 13, 2002

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 $30,200,000 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, Jul 13, 2002
Jackpot:$30,200,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$538,469$157,233$35,539$345,697
2$560,008$164,772$36,961$358,275
3$582,408$172,612$38,439$371,357
4$605,704$180,766$39,976$384,962
5$629,933$189,246$41,576$399,111
6$655,130$198,355$43,239$413,536
7$681,335$208,051$44,968$428,316
8$708,588$218,135$46,767$443,687
9$736,932$228,622$48,638$459,672
10$766,409$239,529$50,583$476,298
11$797,066$250,872$52,606$493,588
12$828,948$262,668$54,711$511,570
13$862,106$274,937$56,899$530,271
14$896,590$287,696$59,175$549,720
15$932,454$300,965$61,542$569,947
16$969,752$314,766$64,004$590,983
17$1,008,542$329,118$66,564$612,861
18$1,048,884$344,044$69,226$635,613
19$1,090,839$359,568$71,995$659,276
20$1,134,473$375,712$74,875$683,885
21$1,179,852$392,502$77,870$709,479
22$1,227,046$409,964$80,985$736,097
23$1,276,128$428,125$84,224$763,779
24$1,327,173$447,011$87,593$792,568
25$1,380,260$466,653$91,097$822,509
26$1,435,470$487,081$94,741$853,648
27$1,492,889$508,326$98,531$886,032
28$1,552,605$530,421$102,472$919,712
29$1,614,709$553,399$106,571$954,738
30$1,679,297$577,297$110,834$991,166
Total$30,200,000$9,858,446$1,993,201$18,348,353

◄ 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.