USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Sep 28, 2002

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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 $17,700,000 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, Sep 28, 2002
Jackpot:$17,700,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$315,593$79,227$20,829$215,537
2$328,216$83,645$21,662$222,909
3$341,345$88,240$22,529$230,576
4$354,999$93,019$23,430$238,550
5$369,199$97,989$24,367$246,843
6$383,967$103,158$25,342$255,467
7$399,326$108,533$26,355$264,437
8$415,299$114,124$27,410$273,765
9$431,910$119,938$28,506$283,466
10$449,187$125,985$29,646$293,556
11$467,154$132,273$30,832$304,049
12$485,841$138,813$32,065$314,962
13$505,274$145,615$33,348$326,311
14$525,485$152,689$34,682$338,114
15$546,505$160,046$36,069$350,389
16$568,365$167,697$37,512$363,156
17$591,099$175,654$39,013$376,433
18$614,743$183,929$40,573$390,241
19$639,333$192,536$42,196$404,601
20$664,906$201,973$43,884$419,050
21$691,503$211,813$45,639$434,050
22$719,163$222,047$47,465$449,651
23$747,929$232,691$49,363$465,875
24$777,846$243,760$51,338$482,748
25$808,960$255,273$53,391$500,296
26$841,319$267,245$55,527$518,546
27$874,971$279,697$57,748$537,527
28$909,970$292,646$60,058$557,266
29$946,369$306,114$62,460$577,795
30$984,224$320,120$64,959$599,145
Total$17,700,000$5,296,489$1,168,198$11,235,311

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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.