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Delaware Powerball Jackpot Annuity Payout Schedule for Jun 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 $333,700,000 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, Jun 25, 2022
Jackpot:$333,700,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,022,664$1,814,343$331,496$2,876,825
2$5,273,797$1,907,262$348,071$3,018,464
3$5,537,487$2,004,827$365,474$3,167,185
4$5,814,361$2,107,271$383,748$3,323,343
5$6,105,079$2,214,837$402,935$3,487,307
6$6,410,333$2,327,781$423,082$3,659,471
7$6,730,850$2,446,372$444,236$3,840,242
8$7,067,393$2,570,893$466,448$4,030,052
9$7,420,762$2,701,639$489,770$4,229,353
10$7,791,800$2,838,923$514,259$4,438,618
11$8,181,390$2,983,072$539,972$4,658,347
12$8,590,460$3,134,427$566,970$4,889,062
13$9,019,983$3,293,351$595,319$5,131,313
14$9,470,982$3,460,221$625,085$5,385,677
15$9,944,531$3,635,434$656,339$5,652,758
16$10,441,758$3,819,408$689,156$5,933,194
17$10,963,845$4,012,580$723,614$6,227,652
18$11,512,038$4,215,411$759,794$6,536,832
19$12,087,639$4,428,384$797,784$6,861,471
20$12,692,022$4,652,005$837,673$7,202,343
21$13,326,623$4,886,808$879,557$7,560,258
22$13,992,954$5,133,350$923,535$7,936,069
23$14,692,601$5,392,220$969,712$8,330,670
24$15,427,231$5,664,033$1,018,197$8,745,001
25$16,198,593$5,949,437$1,069,107$9,180,049
26$17,008,523$6,249,111$1,122,563$9,636,850
27$17,858,949$6,563,768$1,178,691$10,116,490
28$18,751,896$6,894,159$1,237,625$10,620,112
29$19,689,491$7,241,069$1,299,506$11,148,916
30$20,673,966$7,605,325$1,364,482$11,704,159
Total$333,700,001$122,147,721$22,024,200$189,528,083

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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.