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Delaware Powerball Jackpot Annuity Payout Schedule for Apr 13, 2022

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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 $303,600,000 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:Wed, Apr 13, 2022
Jackpot:$303,600,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,569,616$1,646,715$301,595$2,621,306
2$4,798,097$1,731,253$316,674$2,750,169
3$5,038,001$1,820,018$332,508$2,885,475
4$5,289,902$1,913,221$349,133$3,027,547
5$5,554,396$2,011,084$366,590$3,176,722
6$5,832,116$2,113,840$384,920$3,333,356
7$6,123,722$2,221,734$404,166$3,497,822
8$6,429,908$2,335,023$424,374$3,670,511
9$6,751,404$2,453,977$445,593$3,851,834
10$7,088,974$2,578,878$467,872$4,042,224
11$7,443,423$2,710,024$491,266$4,242,133
12$7,815,594$2,847,727$515,829$4,452,038
13$8,206,373$2,992,315$541,621$4,672,437
14$8,616,692$3,144,133$568,702$4,903,857
15$9,047,527$3,303,542$597,137$5,146,848
16$9,499,903$3,470,921$626,994$5,401,988
17$9,974,898$3,646,669$658,343$5,669,885
18$10,473,643$3,831,205$691,260$5,951,177
19$10,997,325$4,024,967$725,823$6,246,534
20$11,547,191$4,228,418$762,115$6,556,659
21$12,124,551$4,442,041$800,220$6,882,289
22$12,730,778$4,666,345$840,231$7,224,202
23$13,367,317$4,901,865$882,243$7,583,210
24$14,035,683$5,149,160$926,355$7,960,168
25$14,737,467$5,408,820$972,673$8,355,974
26$15,474,341$5,681,463$1,021,306$8,771,571
27$16,248,058$5,967,739$1,072,372$9,207,947
28$17,060,460$6,268,328$1,125,990$9,666,142
29$17,913,484$6,583,946$1,182,290$10,147,247
30$18,809,158$6,915,346$1,241,404$10,652,408
Total$303,600,001$111,010,717$20,037,599$172,551,680

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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.