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Nebraska Mega Millions Jackpot Annuity Payout Schedule for Jul 13, 2018

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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 $340,000,000 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, Jul 13, 2018
Jackpot:$340,000,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,117,488$1,849,428$232,846$3,035,214
2$5,373,362$1,944,101$244,488$3,184,773
3$5,642,030$2,043,508$256,712$3,341,810
4$5,924,132$2,147,886$269,548$3,506,698
5$6,220,338$2,257,482$283,025$3,679,831
6$6,531,355$2,372,559$297,177$3,861,620
7$6,857,923$2,493,389$312,036$4,052,499
8$7,200,820$2,620,260$327,637$4,252,922
9$7,560,861$2,753,476$344,019$4,463,366
10$7,938,903$2,893,352$361,220$4,684,332
11$8,335,849$3,040,221$379,281$4,916,346
12$8,752,641$3,194,434$398,245$5,159,961
13$9,190,273$3,356,358$418,157$5,415,757
14$9,649,787$3,526,378$439,065$5,684,343
15$10,132,276$3,704,899$461,019$5,966,358
16$10,638,890$3,892,347$484,069$6,262,474
17$11,170,834$4,089,166$508,273$6,573,395
18$11,729,376$4,295,826$533,687$6,899,863
19$12,315,845$4,512,820$560,371$7,242,654
20$12,931,637$4,740,663$588,389$7,602,585
21$13,578,219$4,979,898$617,809$7,980,512
22$14,257,130$5,231,095$648,699$8,377,335
23$14,969,986$5,494,852$681,134$8,794,000
24$15,718,486$5,771,797$715,191$9,231,498
25$16,504,410$6,062,589$750,951$9,690,870
26$17,329,631$6,367,921$788,498$10,173,212
27$18,196,112$6,688,519$827,923$10,679,670
28$19,105,918$7,025,147$869,319$11,211,452
29$20,061,213$7,378,606$912,785$11,769,822
30$21,064,274$7,749,739$958,424$12,356,111
Total$340,000,001$124,478,716$15,469,997$200,051,283

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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.