USA Mega

Nebraska Mega Millions Jackpot Annuity Payout Schedule for Aug 22, 2006

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $49,000,000 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 22, 2006
Jackpot:$49,000,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$737,520$228,840$33,557$475,123
2$774,396$242,484$35,235$496,677
3$813,116$256,810$36,997$519,309
4$853,772$271,853$38,847$543,072
5$896,461$287,648$40,789$568,024
6$941,284$304,232$42,828$594,223
7$988,348$321,646$44,970$621,732
8$1,037,765$339,930$47,218$650,616
9$1,089,653$359,129$49,579$680,945
10$1,144,136$379,288$52,058$712,790
11$1,201,343$400,454$54,661$746,228
12$1,261,410$422,679$57,394$781,337
13$1,324,481$446,015$60,264$818,202
14$1,390,705$470,518$63,277$856,910
15$1,460,240$496,246$66,441$897,553
16$1,533,252$523,260$69,763$940,228
17$1,609,914$551,626$73,251$985,038
18$1,690,410$581,409$76,914$1,032,087
19$1,774,931$612,682$80,759$1,081,490
20$1,863,677$645,518$84,797$1,133,362
21$1,956,861$679,996$89,037$1,187,828
22$2,054,704$716,198$93,489$1,245,017
23$2,157,439$754,210$98,163$1,305,066
24$2,265,311$794,122$103,072$1,368,117
25$2,378,577$836,031$108,225$1,434,321
26$2,497,506$880,034$113,637$1,503,835
27$2,622,381$926,238$119,318$1,576,824
28$2,753,500$974,752$125,284$1,653,463
29$2,891,175$1,025,692$131,548$1,733,934
30$3,035,734$1,079,179$138,126$1,818,429
Total$49,000,000$16,808,719$2,229,498$29,961,780

◄ Back to Jackpot Analysis

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.