USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Sep 28, 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 $37,100,000 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, Sep 28, 2011
Jackpot:$37,100,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$661,497$201,774$43,659$416,064
2$687,957$211,564$45,405$430,987
3$715,475$221,746$47,221$446,508
4$744,094$232,335$49,110$462,649
5$773,858$243,348$51,075$479,435
6$804,812$254,801$53,118$496,894
7$837,004$266,712$55,242$515,050
8$870,485$279,100$57,452$533,933
9$905,304$291,983$59,750$553,571
10$941,516$305,381$62,140$573,995
11$979,177$319,316$64,626$595,235
12$1,018,344$333,807$67,211$617,326
13$1,059,077$348,879$69,899$640,299
14$1,101,441$364,553$72,695$664,192
15$1,145,498$380,855$75,603$689,041
16$1,191,318$397,808$78,627$714,883
17$1,238,971$415,439$81,772$741,759
18$1,288,530$433,776$85,043$769,711
19$1,340,071$452,846$88,445$798,780
20$1,393,674$472,680$91,982$829,012
21$1,449,421$493,306$95,662$860,453
22$1,507,398$514,757$99,488$893,152
23$1,567,693$537,067$103,468$927,159
24$1,630,401$560,269$107,606$962,526
25$1,695,617$584,399$111,911$999,308
26$1,763,442$609,494$116,387$1,037,561
27$1,833,980$635,593$121,043$1,077,344
28$1,907,339$662,736$125,884$1,118,719
29$1,983,632$690,964$130,920$1,161,748
30$2,062,978$720,322$136,157$1,206,499
Total$37,100,000$12,437,610$2,448,601$22,213,793

◄ 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.