USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Aug 31, 2011

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $76,500,000 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, Aug 31, 2011
Jackpot:$76,500,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,364,003$461,701$90,024$812,277
2$1,418,563$481,888$93,625$843,049
3$1,475,305$502,883$97,370$875,052
4$1,534,317$524,718$101,265$908,335
5$1,595,690$547,426$105,316$942,949
6$1,659,518$571,042$109,528$978,948
7$1,725,898$595,603$113,909$1,016,386
8$1,794,934$621,146$118,466$1,055,323
9$1,866,732$647,711$123,204$1,095,816
10$1,941,401$675,339$128,132$1,137,930
11$2,019,057$704,071$133,258$1,181,728
12$2,099,819$733,953$138,588$1,227,278
13$2,183,812$765,031$144,132$1,274,650
14$2,271,165$797,351$149,897$1,323,917
15$2,362,011$830,964$155,893$1,375,154
16$2,456,492$865,922$162,128$1,428,441
17$2,554,751$902,278$168,614$1,483,859
18$2,656,941$940,089$175,358$1,541,495
19$2,763,219$979,411$182,372$1,601,435
20$2,873,748$1,020,307$189,667$1,663,773
21$2,988,698$1,062,838$197,254$1,728,605
22$3,108,246$1,107,071$205,144$1,796,030
23$3,232,575$1,153,073$213,350$1,866,152
24$3,361,878$1,200,915$221,884$1,939,079
25$3,496,354$1,250,671$230,759$2,014,923
26$3,636,208$1,302,417$239,990$2,093,801
27$3,781,656$1,356,233$249,589$2,175,834
28$3,932,922$1,412,201$259,573$2,261,148
29$4,090,239$1,470,409$269,956$2,349,875
30$4,253,849$1,530,944$280,754$2,442,150
Total$76,500,000$27,015,606$5,048,999$44,435,392

◄ 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.