USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Sep 26, 2009

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 $150,800,000 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 26, 2009
Jackpot:$150,800,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,688,779$950,805$177,459$1,560,514
2$2,796,330$990,599$184,558$1,621,173
3$2,908,183$1,031,985$191,940$1,684,258
4$3,024,511$1,075,026$199,618$1,749,867
5$3,145,491$1,119,789$207,602$1,818,100
6$3,271,311$1,166,342$215,907$1,889,062
7$3,402,163$1,214,758$224,543$1,962,863
8$3,538,250$1,265,110$233,524$2,039,616
9$3,679,780$1,317,476$242,865$2,119,438
10$3,826,971$1,371,936$252,580$2,202,454
11$3,980,050$1,428,576$262,683$2,288,791
12$4,139,252$1,487,480$273,191$2,378,581
13$4,304,822$1,548,741$284,118$2,471,962
14$4,477,015$1,612,453$295,483$2,569,079
15$4,656,095$1,678,712$307,302$2,670,080
16$4,842,339$1,747,623$319,594$2,775,122
17$5,036,033$1,819,289$332,378$2,884,365
18$5,237,474$1,893,823$345,673$2,997,978
19$5,446,973$1,971,337$359,500$3,116,135
20$5,664,852$2,051,952$373,880$3,239,019
21$5,891,446$2,135,792$388,835$3,366,818
22$6,127,104$2,222,986$404,389$3,499,729
23$6,372,188$2,313,667$420,564$3,637,957
24$6,627,075$2,407,975$437,387$3,781,713
25$6,892,158$2,506,056$454,882$3,931,220
26$7,167,845$2,608,060$473,078$4,086,707
27$7,454,558$2,714,144$492,001$4,248,414
28$7,752,741$2,824,471$511,681$4,416,589
29$8,062,850$2,939,212$532,148$4,591,490
30$8,385,364$3,058,542$553,434$4,773,388
Total$150,800,000$54,474,717$9,952,797$86,372,482

◄ 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.