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Delaware Powerball Jackpot Annuity Payout Schedule for Nov 11, 2017

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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 $89,500,000 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:Sat, Nov 11, 2017
Jackpot:$89,500,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,347,103$454,386$88,909$803,809
2$1,414,459$479,307$93,354$841,797
3$1,485,182$505,474$98,022$881,685
4$1,559,441$532,950$102,923$923,567
5$1,637,413$561,800$108,069$967,543
6$1,719,283$592,092$113,473$1,013,719
7$1,805,247$623,899$119,146$1,062,202
8$1,895,510$657,296$125,104$1,113,110
9$1,990,285$692,363$131,359$1,166,564
10$2,089,800$729,183$137,927$1,222,690
11$2,194,290$767,844$144,823$1,281,622
12$2,304,004$808,439$152,064$1,343,501
13$2,419,204$851,063$159,667$1,408,474
14$2,540,164$895,818$167,651$1,476,696
15$2,667,173$942,811$176,033$1,548,328
16$2,800,531$992,154$184,835$1,623,542
17$2,940,558$1,043,964$194,077$1,702,517
18$3,087,586$1,098,364$203,781$1,785,441
19$3,241,965$1,155,484$213,970$1,872,511
20$3,404,063$1,215,461$224,668$1,963,934
21$3,574,266$1,278,436$235,902$2,059,929
22$3,752,980$1,344,560$247,697$2,160,723
23$3,940,629$1,413,990$260,082$2,266,557
24$4,137,660$1,486,892$273,086$2,377,683
25$4,344,543$1,563,438$286,740$2,494,365
26$4,561,770$1,643,812$301,077$2,616,881
27$4,789,859$1,728,205$316,131$2,745,523
28$5,029,352$1,816,817$331,937$2,880,597
29$5,280,819$1,909,860$348,534$3,022,425
30$5,544,860$2,007,556$365,961$3,171,344
Total$89,500,000$31,793,718$5,907,002$51,799,279

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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.