USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Oct 29, 2022

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The tax information provided here is based on 2025 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 $822,300,000 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, Oct 29, 2022
Jackpot:$822,300,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$12,376,795$4,536,434$816,868$7,023,492
2$12,995,635$4,765,405$857,712$7,372,518
3$13,645,416$5,005,824$900,597$7,738,995
4$14,327,688$5,258,265$945,627$8,123,796
5$15,044,071$5,523,327$992,909$8,527,836
6$15,796,275$5,801,642$1,042,554$8,952,079
7$16,586,089$6,093,873$1,094,682$9,397,534
8$17,415,394$6,400,716$1,149,416$9,865,262
9$18,286,163$6,722,901$1,206,887$10,356,376
10$19,200,471$7,061,195$1,267,231$10,872,046
11$20,160,495$7,416,403$1,330,593$11,413,499
12$21,168,520$7,789,373$1,397,122$11,982,025
13$22,226,946$8,180,990$1,466,978$12,578,977
14$23,338,293$8,592,189$1,540,327$13,205,777
15$24,505,208$9,023,947$1,617,344$13,863,917
16$25,730,468$9,477,294$1,698,211$14,554,964
17$27,016,991$9,953,307$1,783,121$15,280,563
18$28,367,841$10,453,121$1,872,278$16,042,442
19$29,786,233$10,977,926$1,965,891$16,842,415
20$31,275,545$11,528,972$2,064,186$17,682,387
21$32,839,322$12,107,569$2,167,395$18,564,357
22$34,481,288$12,715,097$2,275,765$19,490,426
23$36,205,353$13,353,001$2,389,553$20,462,799
24$38,015,620$14,022,800$2,509,031$21,483,789
25$39,916,401$14,726,089$2,634,482$22,555,830
26$41,912,221$15,464,542$2,766,207$23,681,473
27$44,007,832$16,239,918$2,904,517$24,863,397
28$46,208,223$17,054,063$3,049,743$26,104,418
29$48,518,635$17,908,915$3,202,230$27,407,490
30$50,944,567$18,806,510$3,362,341$28,775,716
Total$822,300,002$302,961,608$54,271,798$465,066,595

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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.