USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Nov 19, 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 2022 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 $92,900,000 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 prize money, as well as deductions claimed.

State:

Delaware

Drawing Date:Sat, Nov 19, 2022
Jackpot:$92,900,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,398,278$480,318$92,286$825,674
2$1,468,192$506,186$96,901$865,105
3$1,541,602$533,348$101,746$906,508
4$1,618,682$561,867$106,833$949,982
5$1,699,616$591,813$112,175$995,628
6$1,784,597$623,256$117,783$1,043,558
7$1,873,827$656,271$123,673$1,093,883
8$1,967,518$690,937$129,856$1,146,725
9$2,065,894$727,336$136,349$1,202,209
10$2,169,189$765,555$143,166$1,260,467
11$2,277,648$805,685$150,325$1,321,639
12$2,391,530$847,821$157,841$1,385,868
13$2,511,107$892,065$165,733$1,453,309
14$2,636,662$938,520$174,020$1,524,123
15$2,768,495$987,298$182,721$1,598,476
16$2,906,920$1,038,515$191,857$1,676,548
17$3,052,266$1,092,293$201,450$1,758,523
18$3,204,880$1,148,760$211,522$1,844,597
19$3,365,123$1,208,051$222,098$1,934,975
20$3,533,380$1,270,305$233,203$2,029,871
21$3,710,049$1,335,673$244,863$2,129,512
22$3,895,551$1,404,309$257,106$2,234,136
23$4,090,329$1,476,377$269,962$2,343,990
24$4,294,845$1,552,048$283,460$2,459,338
25$4,509,587$1,631,502$297,633$2,580,452
26$4,735,067$1,714,930$312,514$2,707,623
27$4,971,820$1,802,528$328,140$2,841,152
28$5,220,411$1,894,507$344,547$2,981,357
29$5,481,432$1,991,085$361,774$3,128,572
30$5,755,503$2,092,491$379,863$3,283,149
Total$92,900,000$33,261,650$6,131,400$53,506,949

◄ 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.