6.60% state lottery tax
Delaware Powerball Tax Calculator
Delaware applies a 6.60% state lottery tax. Combined with the 24% federal withholding and the top-bracket federal adjustment, the effective tax on a large jackpot lands around 38–42%.
Note: Withholds 6.60% on prizes over $5,000
Delaware after-tax take-home by jackpot tier
24% federal withholding + top-bracket adjustment + state tax. Cash lump sum estimated at 60% of advertised jackpot.
| Advertised | Cash take-home | Cash effective | Annuity take-home |
|---|---|---|---|
| $100M | $33.9M | 43.46% | $56.5M |
| $300M | $101.6M | 43.55% | $169.3M |
| $500M | $169.3M | 43.57% | $282.1M |
| $700M | $237.0M | 43.58% | $394.9M |
| $1B | $338.5M | 43.59% | $564.1M |
| $1.5B | $507.7M | 43.59% | $846.1M |
| $2B | $676.9M | 43.59% | $1.1B |
Delaware vs neighboring states ($1B cash)
| State | Rate | Cash take-home |
|---|---|---|
| Delaware (DE) | 6.6% | $338.5M |
| Maryland (MD) | 8.75% | $325.6M |
| New Jersey (NJ) | 10.75% | $313.6M |
| Pennsylvania (PA) | 3.07% | $359.7M |