USA Mega

Nebraska Mega Millions Jackpot Annuity Payout Schedule for Sep 30, 2014

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

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 $105,000,000 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, Sep 30, 2014
Jackpot:$105,000,000
Federal Tax:37% marginal rate
State Tax: 5.2%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,580,401$541,768$82,181$956,451
2$1,659,421$571,006$86,290$1,002,125
3$1,742,392$601,705$90,604$1,050,082
4$1,829,511$633,939$95,135$1,100,437
5$1,920,987$667,785$99,891$1,153,310
6$2,017,036$703,324$104,886$1,208,827
7$2,117,888$740,639$110,130$1,267,119
8$2,223,783$779,820$115,637$1,328,326
9$2,334,972$820,960$121,419$1,392,593
10$2,451,720$864,157$127,489$1,460,074
11$2,574,306$909,514$133,864$1,530,929
12$2,703,022$957,138$140,557$1,605,326
13$2,838,173$1,007,144$147,585$1,683,443
14$2,980,081$1,059,650$154,964$1,765,467
15$3,129,085$1,114,782$162,712$1,851,591
16$3,285,540$1,172,670$170,848$1,942,022
17$3,449,816$1,233,452$179,390$2,036,974
18$3,622,307$1,297,274$188,360$2,136,673
19$3,803,423$1,364,287$197,778$2,241,358
20$3,993,594$1,434,650$207,667$2,351,277
21$4,193,273$1,508,531$218,050$2,466,692
22$4,402,937$1,586,107$228,953$2,587,877
23$4,623,084$1,667,561$240,400$2,715,122
24$4,854,238$1,753,088$252,420$2,848,729
25$5,096,950$1,842,892$265,041$2,989,017
26$5,351,798$1,937,185$278,293$3,136,319
27$5,619,388$2,036,194$292,208$3,290,986
28$5,900,357$2,140,152$306,819$3,453,386
29$6,195,375$2,249,309$322,159$3,623,906
30$6,505,144$2,363,923$338,267$3,802,953
Total$105,000,000$37,560,606$5,459,997$61,979,391

◄ 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.