USA Mega

Nebraska Mega Millions Jackpot Annuity Payout Schedule for Apr 16, 2002

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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 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 $331,000,000 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, Apr 16, 2002
Jackpot:$331,000,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,982,025$1,799,306$226,682$2,956,036
2$5,231,126$1,891,474$238,016$3,101,636
3$5,492,683$1,988,250$249,917$3,254,516
4$5,767,317$2,089,864$262,413$3,415,039
5$6,055,682$2,196,560$275,534$3,583,589
6$6,358,467$2,308,590$289,310$3,760,567
7$6,676,390$2,426,222$303,776$3,946,393
8$7,010,210$2,549,735$318,965$4,141,510
9$7,360,720$2,679,424$334,913$4,346,384
10$7,728,756$2,815,597$351,658$4,561,501
11$8,115,194$2,958,579$369,241$4,787,374
12$8,520,954$3,108,710$387,703$5,024,540
13$8,947,001$3,266,348$407,089$5,273,565
14$9,394,351$3,431,867$427,443$5,535,041
15$9,864,069$3,605,663$448,815$5,809,591
16$10,357,272$3,788,148$471,256$6,097,868
17$10,875,136$3,979,757$494,819$6,400,560
18$11,418,893$4,180,948$519,560$6,718,385
19$11,989,837$4,392,197$545,538$7,052,103
20$12,589,329$4,614,009$572,814$7,402,506
21$13,218,795$4,846,912$601,455$7,770,429
22$13,879,735$5,091,459$631,528$8,156,748
23$14,573,722$5,348,234$663,104$8,562,383
24$15,302,408$5,617,848$696,260$8,988,300
25$16,067,528$5,900,943$731,073$9,435,513
26$16,870,905$6,198,192$767,626$9,905,087
27$17,714,450$6,510,304$806,007$10,398,139
28$18,600,173$6,838,021$846,308$10,915,844
29$19,530,181$7,182,124$888,623$11,459,434
30$20,506,691$7,543,433$933,054$12,030,203
Total$331,000,001$121,148,718$15,060,500$194,790,784

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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.