USA Mega

Nebraska Mega Millions Jackpot Annuity Payout Schedule for Sep 5, 2014

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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 $33,000,000 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:Fri, Sep 5, 2014
Jackpot:$33,000,000
Federal Tax:37% marginal rate
State Tax: 5.2%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$496,697$143,391$25,828$327,478
2$521,532$152,084$27,120$342,329
3$547,609$161,210$28,476$357,923
4$574,989$170,794$29,899$374,296
5$603,739$180,856$31,394$391,489
6$633,926$191,573$32,964$409,389
7$665,622$203,300$34,612$427,709
8$698,903$215,614$36,343$446,946
9$733,848$228,544$38,160$467,144
10$770,541$242,120$40,068$488,352
11$809,068$256,375$42,072$510,621
12$849,521$271,343$44,175$534,003
13$891,997$287,059$46,384$558,554
14$936,597$303,561$48,703$584,333
15$983,427$320,888$51,138$611,400
16$1,032,598$339,082$53,695$639,821
17$1,084,228$358,185$56,380$669,664
18$1,138,439$378,243$59,199$700,998
19$1,195,361$399,304$62,159$733,899
20$1,255,129$421,418$65,267$768,445
21$1,317,886$444,638$68,530$804,718
22$1,383,780$469,019$71,957$842,805
23$1,452,969$494,619$75,554$882,796
24$1,525,618$521,499$79,332$924,787
25$1,601,899$549,723$83,299$968,877
26$1,681,994$579,358$87,464$1,015,172
27$1,766,093$610,475$91,837$1,063,782
28$1,854,398$643,147$96,429$1,114,822
29$1,947,118$677,454$101,250$1,168,414
30$2,044,474$713,476$106,313$1,224,686
Total$33,000,000$10,928,352$1,716,001$20,355,652

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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.