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Delaware Powerball Jackpot Annuity Payout Schedule for May 18, 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 $102,300,000 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:Wed, May 18, 2022
Jackpot:$102,300,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,539,762$525,669$101,624$912,468
2$1,616,750$554,155$106,705$955,890
3$1,697,587$584,065$112,041$1,001,482
4$1,782,467$615,470$117,643$1,049,354
5$1,871,590$648,446$123,525$1,099,620
6$1,965,170$683,070$129,701$1,152,398
7$2,063,428$719,426$136,186$1,207,816
8$2,166,600$757,599$142,996$1,266,005
9$2,274,929$797,681$150,145$1,327,103
10$2,388,676$839,767$157,653$1,391,256
11$2,508,110$883,958$165,535$1,458,617
12$2,633,515$930,358$173,812$1,529,345
13$2,765,191$979,078$182,503$1,603,610
14$2,903,451$1,030,234$191,628$1,681,589
15$3,048,623$1,083,948$201,209$1,763,466
16$3,201,054$1,140,347$211,270$1,849,437
17$3,361,107$1,199,567$221,833$1,939,707
18$3,529,162$1,261,747$232,925$2,034,490
19$3,705,620$1,327,037$244,571$2,134,013
20$3,890,901$1,395,591$256,799$2,238,511
21$4,085,446$1,467,572$269,639$2,348,235
22$4,289,719$1,543,153$283,121$2,463,444
23$4,504,205$1,622,513$297,278$2,584,414
24$4,729,415$1,705,841$312,141$2,711,433
25$4,965,886$1,793,335$327,748$2,844,802
26$5,214,180$1,885,204$344,136$2,984,840
27$5,474,889$1,981,666$361,343$3,131,880
28$5,748,633$2,082,952$379,410$3,286,272
29$6,036,065$2,189,301$398,380$3,448,383
30$6,337,868$2,300,969$418,299$3,618,601
Total$102,300,000$36,529,719$6,751,799$59,018,481

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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.