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Delaware Powerball Jackpot Annuity Payout Schedule for Feb 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 $283,800,000 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, Feb 11, 2017
Jackpot:$283,800,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,271,597$1,536,448$281,925$2,453,224
2$4,485,177$1,615,473$296,022$2,573,683
3$4,709,436$1,698,449$310,823$2,700,165
4$4,944,908$1,785,573$326,364$2,832,971
5$5,192,153$1,877,054$342,682$2,972,417
6$5,451,761$1,973,109$359,816$3,118,836
7$5,724,349$2,073,966$377,807$3,272,576
8$6,010,566$2,179,867$396,697$3,434,002
9$6,311,095$2,291,062$416,532$3,603,500
10$6,626,649$2,407,818$437,359$3,781,473
11$6,957,982$2,530,411$459,227$3,968,345
12$7,305,881$2,659,133$482,188$4,164,560
13$7,671,175$2,794,292$506,298$4,370,585
14$8,054,734$2,936,209$531,612$4,586,913
15$8,457,470$3,085,221$558,193$4,814,056
16$8,880,344$3,241,685$586,103$5,052,557
17$9,324,361$3,405,971$615,408$5,302,982
18$9,790,579$3,578,472$646,178$5,565,929
19$10,280,108$3,759,597$678,487$5,842,024
20$10,794,114$3,949,779$712,411$6,131,923
21$11,333,819$4,149,470$748,032$6,436,317
22$11,900,510$4,359,146$785,434$6,755,930
23$12,495,536$4,579,305$824,705$7,091,525
24$13,120,312$4,810,473$865,941$7,443,899
25$13,776,328$5,053,199$909,238$7,813,892
26$14,465,145$5,308,061$954,700$8,202,384
27$15,188,402$5,575,666$1,002,435$8,610,301
28$15,947,822$5,856,651$1,052,556$9,038,614
29$16,745,213$6,151,686$1,105,184$9,488,343
30$17,582,474$6,461,473$1,160,443$9,960,558
Total$283,800,001$103,684,719$18,730,800$161,384,484

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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.