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Delaware Powerball Jackpot Annuity Payout Schedule for Mar 18, 2023

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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 $77,100,000 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, Mar 18, 2023
Jackpot:$77,100,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,160,466$385,330$76,591$698,545
2$1,218,489$406,798$80,420$731,271
3$1,279,413$429,340$84,441$765,632
4$1,343,384$453,009$88,663$801,711
5$1,410,553$477,862$93,097$839,595
6$1,481,081$503,957$97,751$879,372
7$1,555,135$531,357$102,639$921,139
8$1,632,892$560,127$107,771$964,994
9$1,714,536$590,336$113,159$1,011,041
10$1,800,263$622,055$118,817$1,059,391
11$1,890,276$655,359$124,758$1,110,159
12$1,984,790$690,330$130,996$1,163,464
13$2,084,030$727,048$137,546$1,219,435
14$2,188,231$765,603$144,423$1,278,205
15$2,297,643$806,085$151,644$1,339,913
16$2,412,525$848,591$159,227$1,404,707
17$2,533,151$893,223$167,188$1,472,740
18$2,659,809$940,086$175,547$1,544,175
19$2,792,799$989,293$184,325$1,619,181
20$2,932,439$1,040,960$193,541$1,697,938
21$3,079,061$1,095,210$203,218$1,780,633
22$3,233,014$1,152,172$213,379$1,867,463
23$3,394,665$1,211,983$224,048$1,958,634
24$3,564,398$1,274,784$235,250$2,054,363
25$3,742,618$1,340,726$247,013$2,154,879
26$3,929,749$1,409,964$259,363$2,260,421
27$4,126,236$1,482,665$272,332$2,371,240
28$4,332,548$1,559,000$285,948$2,487,600
29$4,549,175$1,639,152$300,246$2,609,778
30$4,776,634$1,723,312$315,258$2,738,064
Total$77,100,000$27,205,717$5,088,599$44,805,683

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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.