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Delaware Powerball Jackpot Annuity Payout Schedule for Apr 17, 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 $78,700,000 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:Sat, Apr 17, 2021
Jackpot:$78,700,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,184,548$394,240$78,180$712,128
2$1,243,775$416,154$82,089$745,532
3$1,305,964$439,164$86,194$780,606
4$1,371,262$463,324$90,503$817,435
5$1,439,825$488,693$95,028$856,104
6$1,511,817$515,329$99,780$896,707
7$1,587,408$543,298$104,769$939,341
8$1,666,778$572,665$110,007$984,106
9$1,750,117$603,500$115,508$1,031,109
10$1,837,623$635,878$121,283$1,080,462
11$1,929,504$669,874$127,347$1,132,283
12$2,025,979$705,569$133,715$1,186,695
13$2,127,278$743,050$140,400$1,243,827
14$2,233,642$782,405$147,420$1,303,817
15$2,345,324$823,727$154,791$1,366,805
16$2,462,590$867,116$162,531$1,432,944
17$2,585,720$912,673$170,657$1,502,389
18$2,715,006$960,509$179,190$1,575,306
19$2,850,756$1,010,737$188,150$1,651,869
20$2,993,294$1,063,476$197,557$1,732,260
21$3,142,958$1,118,852$207,435$1,816,671
22$3,300,106$1,176,997$217,807$1,905,303
23$3,465,112$1,238,049$228,697$1,998,366
24$3,638,367$1,302,153$240,132$2,096,082
25$3,820,285$1,369,463$252,139$2,198,684
26$4,011,300$1,440,138$264,746$2,306,416
27$4,211,865$1,514,347$277,983$2,419,534
28$4,422,458$1,592,267$291,882$2,538,309
29$4,643,581$1,674,082$306,476$2,663,022
30$4,875,760$1,759,988$321,800$2,793,971
Total$78,700,000$27,797,717$5,194,196$45,708,083

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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.