USA Mega

Nebraska Mega Millions Jackpot Annuity Payout Schedule for Aug 7, 2001

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The tax information provided here is based on 2025 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 Mega Millions 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 $37,000,000 for a ticket purchased in Nebraska, 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:

Nebraska

Drawing Date:Tue, Aug 7, 2001
Jackpot:$37,000,000
Federal Tax:37% marginal rate
State Tax: 5.2%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$556,903$164,463$28,959$363,481
2$584,748$174,209$30,407$380,132
3$613,986$184,442$31,927$397,616
4$644,685$195,554$33,524$415,608
5$676,919$207,480$35,200$434,239
6$710,765$220,003$36,960$453,802
7$746,303$233,153$38,808$474,343
8$783,619$246,959$40,748$495,911
9$822,800$261,456$42,786$518,558
10$863,939$276,678$44,925$542,337
11$907,136$292,661$47,171$567,305
12$952,493$309,443$49,530$593,521
13$1,000,118$327,064$52,006$621,048
14$1,050,124$345,566$54,606$649,951
15$1,102,630$364,993$57,337$680,300
16$1,157,762$385,392$60,204$712,166
17$1,215,650$406,811$63,214$745,625
18$1,276,432$429,300$66,374$780,758
19$1,340,254$452,914$69,693$817,646
20$1,407,266$477,709$73,178$856,380
21$1,477,630$503,743$76,837$897,050
22$1,551,511$531,079$80,679$939,753
23$1,629,087$559,782$84,713$984,592
24$1,710,541$589,920$88,948$1,031,672
25$1,796,068$621,565$93,396$1,081,107
26$1,885,872$654,793$98,065$1,133,014
27$1,980,165$689,681$102,969$1,187,515
28$2,079,173$726,314$108,117$1,244,742
29$2,183,132$764,779$113,523$1,304,830
30$2,292,289$805,167$119,199$1,367,923
Total$37,000,000$12,403,073$1,924,003$22,672,925

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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.