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Delaware Powerball Jackpot Annuity Payout Schedule for Nov 24, 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 $229,400,000 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:Wed, Nov 24, 2021
Jackpot:$229,400,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,452,799$1,233,493$227,885$1,991,421
2$3,625,439$1,297,370$239,279$2,088,790
3$3,806,711$1,364,440$251,243$2,191,028
4$3,997,047$1,434,865$263,805$2,298,377
5$4,196,899$1,508,810$276,995$2,411,094
6$4,406,744$1,586,453$290,845$2,529,446
7$4,627,081$1,667,977$305,387$2,653,717
8$4,858,435$1,753,578$320,657$2,784,200
9$5,101,357$1,843,459$336,690$2,921,208
10$5,356,425$1,937,834$353,524$3,065,066
11$5,624,246$2,036,928$371,200$3,216,118
12$5,905,458$2,140,977$389,760$3,374,721
13$6,200,731$2,250,228$409,248$3,541,255
14$6,510,768$2,364,941$429,711$3,716,116
15$6,836,306$2,485,391$451,196$3,899,719
16$7,178,122$2,611,862$473,756$4,092,503
17$7,537,028$2,744,657$497,444$4,294,926
18$7,913,879$2,884,092$522,316$4,507,471
19$8,309,573$3,030,499$548,432$4,730,642
20$8,725,052$3,184,226$575,853$4,964,972
21$9,161,304$3,345,640$604,646$5,211,018
22$9,619,369$3,515,124$634,878$5,469,367
23$10,100,338$3,693,082$666,622$5,740,633
24$10,605,355$3,879,938$699,953$6,025,463
25$11,135,622$4,076,138$734,951$6,324,534
26$11,692,404$4,282,147$771,699$6,638,558
27$12,277,024$4,498,456$810,284$6,968,284
28$12,890,875$4,725,581$850,798$7,314,496
29$13,535,419$4,964,062$893,338$7,678,019
30$14,212,190$5,214,467$938,005$8,059,718
Total$229,400,000$83,556,715$15,140,400$130,702,880

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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.