USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Jan 17, 2022

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $54,100,000 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, Jan 17, 2022
Jackpot:$54,100,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$814,283$257,242$53,743$503,298
2$854,997$272,306$56,430$526,261
3$897,747$288,123$59,251$550,372
4$942,634$304,732$62,214$575,688
5$989,766$322,171$65,325$602,271
6$1,039,254$340,481$68,591$630,182
7$1,091,217$359,707$72,020$659,489
8$1,145,777$379,895$75,621$690,261
9$1,203,066$401,092$79,402$722,572
10$1,263,220$423,349$83,372$756,499
11$1,326,381$446,718$87,541$792,121
12$1,392,700$471,256$91,918$829,525
13$1,462,335$497,021$96,514$868,799
14$1,535,451$524,074$101,340$910,037
15$1,612,224$552,480$106,407$953,337
16$1,692,835$582,306$111,727$998,802
17$1,777,477$613,624$117,313$1,046,540
18$1,866,351$646,507$123,179$1,096,665
19$1,959,668$681,035$129,338$1,149,296
20$2,057,652$717,288$135,805$1,204,558
21$2,160,534$755,355$142,595$1,262,584
22$2,268,561$795,325$149,725$1,323,511
23$2,381,989$837,293$157,211$1,387,485
24$2,501,088$881,360$165,072$1,454,657
25$2,626,143$927,630$173,325$1,525,187
26$2,757,450$976,214$181,992$1,599,245
27$2,895,323$1,027,227$191,091$1,677,005
28$3,040,089$1,080,790$200,646$1,758,653
29$3,192,093$1,137,032$210,678$1,844,383
30$3,351,698$1,196,085$221,212$1,934,400
Total$54,100,000$18,695,718$3,570,598$31,833,683

◄ Back to Jackpot Analysis

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.