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Delaware Powerball Jackpot Annuity Payout Schedule for Oct 2, 2021

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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 $651,300,000 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, Oct 2, 2021
Jackpot:$651,300,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$9,803,000$3,584,130$646,998$5,571,872
2$10,293,150$3,765,486$679,348$5,848,316
3$10,807,807$3,955,909$713,315$6,138,583
4$11,348,198$4,155,853$748,981$6,443,363
5$11,915,607$4,365,795$786,430$6,763,382
6$12,511,388$4,586,234$825,752$7,099,402
7$13,136,957$4,817,694$867,039$7,452,224
8$13,793,805$5,060,728$910,391$7,822,686
9$14,483,495$5,315,914$955,911$8,211,671
10$15,207,670$5,583,858$1,003,706$8,620,106
11$15,968,054$5,865,200$1,053,892$9,048,962
12$16,766,456$6,160,609$1,106,586$9,499,261
13$17,604,779$6,470,788$1,161,915$9,972,075
14$18,485,018$6,796,477$1,220,011$10,468,530
15$19,409,269$7,138,450$1,281,012$10,989,807
16$20,379,733$7,497,521$1,345,062$11,537,149
17$21,398,719$7,874,546$1,412,315$12,111,857
18$22,468,655$8,270,423$1,482,931$12,715,301
19$23,592,087$8,686,093$1,557,078$13,348,917
20$24,771,692$9,122,546$1,634,932$14,014,214
21$26,010,276$9,580,823$1,716,678$14,712,776
22$27,310,790$10,062,013$1,802,512$15,446,265
23$28,676,330$10,567,262$1,892,638$16,216,430
24$30,110,146$11,097,774$1,987,270$17,025,102
25$31,615,653$11,654,812$2,086,633$17,874,208
26$33,196,437$12,239,702$2,190,965$18,765,770
27$34,856,258$12,853,836$2,300,513$19,701,909
28$36,599,071$13,498,676$2,415,539$20,684,856
29$38,429,024$14,175,759$2,536,316$21,716,950
30$40,350,476$14,886,696$2,663,131$22,800,648
Total$651,300,001$239,691,607$42,985,800$368,622,592

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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.