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Delaware Powerball Jackpot Annuity Payout Schedule for Apr 25, 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 $434,800,000 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, Apr 25, 2022
Jackpot:$434,800,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,544,364$2,377,372$431,928$3,735,064
2$6,871,582$2,498,443$453,524$3,919,615
3$7,215,161$2,625,567$476,201$4,113,394
4$7,575,920$2,759,047$500,011$4,316,861
5$7,954,715$2,899,202$525,011$4,530,502
6$8,352,451$3,046,364$551,262$4,754,825
7$8,770,074$3,200,885$578,825$4,990,364
8$9,208,577$3,363,131$607,766$5,237,680
9$9,669,006$3,533,490$638,154$5,497,362
10$10,152,457$3,712,366$670,062$5,770,028
11$10,660,079$3,900,187$703,565$6,056,328
12$11,193,083$4,097,398$738,744$6,356,942
13$11,752,737$4,304,470$775,681$6,672,587
14$12,340,374$4,521,896$814,465$7,004,014
15$12,957,393$4,750,193$855,188$7,352,012
16$13,605,263$4,989,905$897,947$7,717,411
17$14,285,526$5,241,602$942,845$8,101,079
18$14,999,802$5,505,884$989,987$8,503,931
19$15,749,792$5,783,380$1,039,486$8,926,926
20$16,537,282$6,074,752$1,091,461$9,371,070
21$17,364,146$6,380,691$1,146,034$9,837,421
22$18,232,353$6,701,928$1,203,335$10,327,090
23$19,143,971$7,039,226$1,263,502$10,841,242
24$20,101,169$7,393,390$1,326,677$11,381,102
25$21,106,228$7,765,261$1,393,011$11,947,955
26$22,161,539$8,155,727$1,462,662$12,543,151
27$23,269,616$8,565,715$1,535,795$13,168,106
28$24,433,097$8,996,203$1,612,584$13,824,309
29$25,654,752$9,448,215$1,693,214$14,513,323
30$26,937,490$9,922,828$1,777,874$15,236,787
Total$434,800,001$159,554,718$28,696,801$246,548,481

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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.