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Delaware Powerball Jackpot Annuity Payout Schedule for Jan 4, 2025

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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 $205,900,000 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, Jan 4, 2025
Jackpot:$205,900,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,099,090$1,102,621$204,540$1,791,930
2$3,254,045$1,159,954$214,767$1,879,324
3$3,416,747$1,220,154$225,505$1,971,088
4$3,587,585$1,283,364$236,781$2,067,441
5$3,766,964$1,349,734$248,620$2,168,610
6$3,955,312$1,419,423$261,051$2,274,839
7$4,153,078$1,492,596$274,103$2,386,379
8$4,360,732$1,569,428$287,808$2,503,495
9$4,578,768$1,650,101$302,199$2,626,468
10$4,807,707$1,734,809$317,309$2,755,589
11$5,048,092$1,823,751$333,174$2,891,167
12$5,300,496$1,917,141$349,833$3,033,523
13$5,565,521$2,015,200$367,324$3,182,997
14$5,843,797$2,118,162$385,691$3,339,944
15$6,135,987$2,226,273$404,975$3,504,740
16$6,442,787$2,339,788$425,224$3,677,774
17$6,764,926$2,458,980$446,485$3,859,461
18$7,103,172$2,584,131$468,809$4,050,232
19$7,458,331$2,715,540$492,250$4,250,541
20$7,831,247$2,853,519$516,862$4,460,866
21$8,222,810$2,998,397$542,705$4,681,707
22$8,633,950$3,150,519$569,841$4,913,591
23$9,065,648$3,310,247$598,333$5,157,068
24$9,518,930$3,477,961$628,249$5,412,719
25$9,994,876$3,654,062$659,662$5,681,153
26$10,494,620$3,838,967$692,645$5,963,009
27$11,019,351$4,033,117$727,277$6,258,957
28$11,570,319$4,236,975$763,641$6,569,703
29$12,148,835$4,451,026$801,823$6,895,986
30$12,756,277$4,675,780$841,914$7,238,583
Total$205,900,000$74,861,720$13,589,400$117,448,884

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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.