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Delaware Powerball Jackpot Annuity Payout Schedule for Oct 25, 2021

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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 $93,700,000 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:Mon, Oct 25, 2021
Jackpot:$93,700,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,410,319$477,775$93,081$839,463
2$1,480,835$503,866$97,735$879,234
3$1,554,877$531,262$102,622$920,993
4$1,632,621$560,027$107,753$964,841
5$1,714,252$590,231$113,141$1,010,881
6$1,799,965$621,944$118,798$1,059,223
7$1,889,963$655,244$124,738$1,109,982
8$1,984,461$690,208$130,974$1,163,279
9$2,083,684$726,920$137,523$1,219,241
10$2,187,868$765,469$144,399$1,278,001
11$2,297,262$805,944$151,619$1,339,698
12$2,412,125$848,443$159,200$1,404,481
13$2,532,731$893,068$167,160$1,472,503
14$2,659,368$939,923$175,518$1,543,926
15$2,792,336$989,122$184,294$1,618,920
16$2,931,953$1,040,780$193,509$1,697,664
17$3,078,551$1,095,021$203,184$1,780,345
18$3,232,478$1,151,974$213,344$1,867,160
19$3,394,102$1,211,775$224,011$1,958,316
20$3,563,807$1,274,566$235,211$2,054,030
21$3,741,997$1,340,496$246,972$2,154,529
22$3,929,097$1,409,723$259,320$2,260,054
23$4,125,552$1,482,412$272,286$2,370,854
24$4,331,830$1,558,734$285,901$2,487,195
25$4,548,421$1,638,873$300,196$2,609,352
26$4,775,842$1,723,019$315,206$2,737,618
27$5,014,634$1,811,372$330,966$2,872,297
28$5,265,366$1,904,143$347,514$3,013,709
29$5,528,634$2,001,552$364,890$3,162,193
30$5,805,066$2,103,832$383,134$3,318,100
Total$93,700,000$33,347,718$6,184,199$54,168,082

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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.