Delaware Lottery

DELottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Sep 10, 2025 is estimated to be $33 Million, with a cash option of 15.2 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. The good news is that if you're a resident of Delaware, you won't owe any state tax on your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Delaware Powerball Jackpot/Cash Option for Wed Sep 10, 2025

Draw Date	Jackpot	Cash Option
Wed Sep 10, 2025	$33,000,000	$15,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$15,200,000
Federal Tax(24%)	$3,648,000
Additional Federal Tax	$1,936,330
State Tax(0%)	$0
Net Lumpsum Payment	$9,615,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$496,683	-$144,103 -$0	$352,580
2	$521,532	-$153,297 -$0	$368,235
3	$547,602	-$162,943 -$0	$384,659
4	$574,992	-$173,077 -$0	$401,915
5	$603,735	-$183,712 -$0	$420,023
6	$633,930	-$194,884 -$0	$439,046
7	$665,610	-$206,606 -$0	$459,004
8	$698,907	-$218,926 -$0	$479,981
9	$733,854	-$231,856 -$0	$501,998
10	$770,550	-$245,434 -$0	$525,116
11	$809,061	-$259,683 -$0	$549,378
12	$849,519	-$274,652 -$0	$574,867
13	$891,990	-$290,367 -$0	$601,623
14	$936,606	-$306,875 -$0	$629,731
15	$983,433	-$324,201 -$0	$659,232
16	$1,032,603	-$342,393 -$0	$690,210
17	$1,084,215	-$361,490 -$0	$722,725
18	$1,138,434	-$381,551 -$0	$756,883
19	$1,195,359	-$402,613 -$0	$792,746
20	$1,255,122	-$424,726 -$0	$830,396
21	$1,317,888	-$447,949 -$0	$869,939
22	$1,383,789	-$472,332 -$0	$911,457
23	$1,452,957	-$497,924 -$0	$955,033
24	$1,525,623	-$524,811 -$0	$1,000,812
25	$1,601,886	-$553,028 -$0	$1,048,858
26	$1,682,010	-$582,674 -$0	$1,099,336
27	$1,766,094	-$613,785 -$0	$1,152,309
28	$1,854,402	-$646,459 -$0	$1,207,943
29	$1,947,132	-$680,769 -$0	$1,266,363
30	$2,044,482	-$716,789 -$0	$1,327,693