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Delaware Powerball Jackpot Annuity Payout Schedule for Nov 22, 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 $214,200,000 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, Nov 22, 2021
Jackpot:$214,200,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,224,017$1,148,844$212,785$1,862,389
2$3,385,218$1,208,488$223,424$1,953,306
3$3,554,479$1,271,115$234,596$2,048,769
4$3,732,203$1,336,872$246,325$2,149,005
5$3,918,813$1,405,918$258,642$2,254,253
6$4,114,754$1,478,416$271,574$2,364,764
7$4,320,492$1,554,539$285,152$2,480,800
8$4,536,516$1,634,468$299,410$2,602,638
9$4,763,342$1,718,394$314,381$2,730,568
10$5,001,509$1,806,516$330,100$2,864,894
11$5,251,585$1,899,044$346,605$3,005,937
12$5,514,164$1,996,198$363,935$3,154,031
13$5,789,872$2,098,210$382,132$3,309,531
14$6,079,366$2,205,323$401,238$3,472,805
15$6,383,334$2,317,791$421,300$3,644,243
16$6,702,501$2,435,883$442,365$3,824,253
17$7,037,626$2,559,879$464,483$4,013,264
18$7,389,507$2,690,075$487,707$4,211,725
19$7,758,982$2,826,781$512,093$4,420,109
20$8,146,931$2,970,322$537,697$4,638,912
21$8,554,278$3,121,040$564,582$4,868,655
22$8,981,992$3,279,294$592,811$5,109,886
23$9,431,091$3,445,461$622,452$5,363,178
24$9,902,646$3,619,936$653,575$5,629,135
25$10,397,778$3,803,135$686,253$5,908,390
26$10,917,667$3,995,494$720,566$6,201,607
27$11,463,551$4,197,471$756,594$6,509,485
28$12,036,728$4,409,547$794,424$6,832,757
29$12,638,564$4,632,226$834,145$7,172,193
30$13,270,493$4,866,040$875,853$7,528,601
Total$214,200,000$77,932,720$14,137,199$122,130,083

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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.