USA Mega

Delaware Powerball Jackpot Annuity Payout Schedule for Jan 8, 1994

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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 $11,300,000 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 8, 1994
Jackpot:$11,300,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$201,480$40,953$13,298$147,229
2$209,539$43,509$13,830$152,201
3$217,921$46,191$14,383$157,347
4$226,638$48,980$14,958$162,700
5$235,703$51,881$15,556$168,266
6$245,131$54,898$16,179$174,055
7$254,937$58,036$16,826$180,075
8$265,134$61,566$17,499$186,069
9$275,739$65,278$18,199$192,263
10$286,769$69,138$18,927$198,704
11$298,240$73,153$19,684$205,403
12$310,169$77,329$20,471$212,370
13$322,576$81,671$21,290$219,615
14$335,479$86,187$22,142$227,151
15$348,898$90,884$23,027$234,987
16$362,854$95,768$23,948$243,138
17$377,368$100,848$24,906$251,614
18$392,463$106,131$25,903$260,429
19$408,162$111,626$26,939$269,597
20$424,488$117,340$28,016$279,132
21$441,468$123,283$29,137$289,048
22$459,126$129,464$30,302$299,361
23$477,492$135,891$31,514$310,086
24$496,591$142,576$32,775$321,240
25$516,455$149,528$34,086$332,840
26$537,113$156,759$35,449$344,905
27$558,598$164,278$36,867$357,452
28$580,941$172,099$38,342$370,501
29$604,179$180,232$39,876$384,071
30$628,346$188,690$41,471$398,185
Total$11,300,000$3,024,167$745,800$7,530,034

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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.