USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Sep 29, 1993

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $5,700,000 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:Wed, Sep 29, 1993
Jackpot:$5,700,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$101,632$17,071$6,708$77,853
2$105,697$17,965$6,976$80,756
3$109,925$18,980$7,255$83,690
4$114,322$20,035$7,545$86,741
5$118,895$21,133$7,847$89,915
6$123,650$22,274$8,161$93,215
7$128,596$23,461$8,487$96,648
8$133,740$24,696$8,827$100,218
9$139,090$25,980$9,180$103,930
10$144,653$27,315$9,547$107,791
11$150,440$28,703$9,929$111,807
12$156,457$30,148$10,326$115,983
13$162,715$31,650$10,739$120,326
14$169,224$33,212$11,169$124,843
15$175,993$34,836$11,616$129,541
16$183,033$36,526$12,080$134,427
17$190,354$38,283$12,563$139,508
18$197,968$40,110$13,066$144,792
19$205,887$42,340$13,589$149,959
20$214,122$44,975$14,132$155,015
21$222,687$47,716$14,697$160,274
22$231,595$50,566$15,285$165,743
23$240,859$53,531$15,897$171,431
24$250,493$56,614$16,533$177,347
25$260,513$59,949$17,194$183,370
26$270,933$63,596$17,882$189,456
27$281,770$67,389$18,597$195,785
28$293,041$71,334$19,341$202,367
29$304,763$75,436$20,114$209,212
30$316,953$79,703$20,919$216,332
Total$5,700,000$1,205,527$376,201$4,118,275

◄ Back to Jackpot Analysis

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.