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Delaware Powerball Jackpot Annuity Payout Schedule for Dec 13, 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 $321,100,000 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, Dec 13, 2021
Jackpot:$321,100,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,833,016$1,744,173$318,979$2,769,864
2$5,074,667$1,833,584$334,928$2,906,155
3$5,328,400$1,927,465$351,674$3,049,260
4$5,594,820$2,026,041$369,258$3,199,521
5$5,874,561$2,129,545$387,721$3,357,295
6$6,168,289$2,238,224$407,107$3,522,958
7$6,476,704$2,352,338$427,462$3,696,904
8$6,800,539$2,472,157$448,836$3,879,547
9$7,140,566$2,597,967$471,277$4,071,322
10$7,497,594$2,730,067$494,841$4,272,686
11$7,872,474$2,868,772$519,583$4,484,118
12$8,266,097$3,014,413$545,562$4,706,122
13$8,679,402$3,167,336$572,841$4,939,225
14$9,113,372$3,327,905$601,483$5,183,985
15$9,569,041$3,496,502$631,557$5,440,982
16$10,047,493$3,673,530$663,135$5,710,829
17$10,549,867$3,859,408$696,291$5,994,168
18$11,077,361$4,054,581$731,106$6,291,674
19$11,631,229$4,259,512$767,661$6,604,056
20$12,212,790$4,474,690$806,044$6,932,056
21$12,823,430$4,700,626$846,346$7,276,457
22$13,464,601$4,937,860$888,664$7,638,078
23$14,137,831$5,186,955$933,097$8,017,780
24$14,844,723$5,448,505$979,752$8,416,466
25$15,586,959$5,723,132$1,028,739$8,835,088
26$16,366,307$6,011,491$1,080,176$9,274,640
27$17,184,622$6,314,268$1,134,185$9,736,170
28$18,043,853$6,632,183$1,190,894$10,220,776
29$18,946,046$6,965,994$1,250,439$10,729,613
30$19,893,348$7,316,496$1,312,961$11,263,891
Total$321,100,001$117,485,720$21,192,599$182,421,686

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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.