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Delaware Powerball Jackpot Annuity Payout Schedule for Dec 30, 2024

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The tax information provided here is based on 2025 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 $166,000,000 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, Dec 30, 2024
Jackpot:$166,000,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,498,538$881,479$164,904$1,452,155
2$2,623,465$927,702$173,149$1,522,614
3$2,754,638$976,236$181,806$1,596,596
4$2,892,370$1,027,197$190,896$1,674,277
5$3,036,989$1,080,706$200,441$1,755,841
6$3,188,838$1,136,890$210,463$1,841,485
7$3,348,280$1,195,884$220,986$1,931,410
8$3,515,694$1,257,827$232,036$2,025,831
9$3,691,479$1,322,867$243,638$2,124,974
10$3,876,053$1,391,160$255,819$2,229,074
11$4,069,856$1,462,867$268,610$2,338,378
12$4,273,348$1,538,159$282,041$2,453,148
13$4,487,016$1,617,216$296,143$2,573,657
14$4,711,367$1,700,226$310,950$2,700,190
15$4,946,935$1,787,386$326,498$2,833,051
16$5,194,282$1,878,904$342,823$2,972,555
17$5,453,996$1,974,999$359,964$3,119,033
18$5,726,695$2,075,898$377,962$3,272,836
19$6,013,030$2,181,841$396,860$3,434,329
20$6,313,682$2,293,082$416,703$3,603,896
21$6,629,366$2,409,886$437,538$3,781,942
22$6,960,834$2,532,529$459,415$3,968,890
23$7,308,876$2,661,304$482,386$4,165,186
24$7,674,319$2,796,518$506,505$4,371,296
25$8,058,035$2,938,493$531,830$4,587,712
26$8,460,937$3,087,567$558,422$4,814,948
27$8,883,984$3,244,094$586,343$5,053,547
28$9,328,183$3,408,448$615,660$5,304,075
29$9,794,592$3,581,019$646,443$5,567,130
30$10,284,322$3,762,219$678,765$5,843,337
Total$166,000,000$60,130,603$10,955,999$94,913,393

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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.