The jackpot for the Powerball draw on Mon Sep 21, 2026, is projected to be $313 Million, with an option for a cash payout of $133.6 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For those living in Delaware, the bright side is you won't have to pay any state taxes on your lottery prize.
| Delaware Powerball Jackpot/Cash Option for Mon Sep 21, 2026 |
|---|
| Draw Date | Mon Sep 21, 2026 | | Projected Jackpot | $313,000,000 | | Cash Value | $133,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $133,600,000 | | Federal Tax(24%) | $32,064,000 | | Additional Federal Tax | $17,328,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $84,207,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,710,963 |
$1,703,387
$0 |
$3,007,576 |
| 2 |
$4,946,652 |
$1,790,592
$0 |
$3,156,060 |
| 3 |
$5,193,922 |
$1,882,082
$0 |
$3,311,840 |
| 4 |
$5,453,712 |
$1,978,204
$0 |
$3,475,508 |
| 5 |
$5,726,335 |
$2,079,074
$0 |
$3,647,261 |
| 6 |
$6,012,730 |
$2,185,040
$0 |
$3,827,690 |
| 7 |
$6,313,210 |
$2,296,218
$0 |
$4,016,992 |
| 8 |
$6,629,027 |
$2,413,070
$0 |
$4,215,957 |
| 9 |
$6,960,494 |
$2,535,713
$0 |
$4,424,781 |
| 10 |
$7,308,550 |
$2,664,494
$0 |
$4,644,056 |
| 11 |
$7,673,821 |
$2,799,644
$0 |
$4,874,177 |
| 12 |
$8,057,559 |
$2,941,627
$0 |
$5,115,932 |
| 13 |
$8,460,390 |
$3,090,675
$0 |
$5,369,715 |
| 14 |
$8,883,566 |
$3,247,250
$0 |
$5,636,316 |
| 15 |
$9,327,713 |
$3,411,584
$0 |
$5,916,129 |
| 16 |
$9,794,083 |
$3,584,141
$0 |
$6,209,942 |
| 17 |
$10,283,615 |
$3,765,268
$0 |
$6,518,347 |
| 18 |
$10,797,874 |
$3,955,544
$0 |
$6,842,330 |
| 19 |
$11,337,799 |
$4,155,316
$0 |
$7,182,483 |
| 20 |
$11,904,642 |
$4,365,048
$0 |
$7,539,594 |
| 21 |
$12,499,968 |
$4,585,319
$0 |
$7,914,649 |
| 22 |
$13,125,029 |
$4,816,591
$0 |
$8,308,438 |
| 23 |
$13,781,077 |
$5,059,329
$0 |
$8,721,748 |
| 24 |
$14,470,303 |
$5,314,342
$0 |
$9,155,961 |
| 25 |
$15,193,646 |
$5,581,979
$0 |
$9,611,667 |
| 26 |
$15,953,610 |
$5,863,166
$0 |
$10,090,444 |
| 27 |
$16,751,134 |
$6,158,250
$0 |
$10,592,884 |
| 28 |
$17,588,722 |
$6,468,158
$0 |
$11,120,564 |
| 29 |
$18,468,252 |
$6,793,584
$0 |
$11,674,668 |
| 30 |
$19,391,602 |
$7,135,223
$0 |
$12,256,379 |
|
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