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Nebraska Mega Millions Jackpot Annuity Payout Schedule for Jul 20, 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 $433,000,000 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 20, 2018
Jackpot:$433,000,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,517,271$2,367,348$296,536$3,853,388
2$6,843,135$2,487,917$311,363$4,043,855
3$7,185,292$2,614,515$326,931$4,243,846
4$7,544,556$2,747,443$343,277$4,453,836
5$7,921,784$2,887,017$360,441$4,674,325
6$8,317,873$3,033,570$378,463$4,905,840
7$8,733,767$3,187,451$397,386$5,148,930
8$9,170,455$3,349,026$417,256$5,404,174
9$9,628,978$3,518,679$438,119$5,672,181
10$10,110,427$3,696,815$460,024$5,953,587
11$10,615,948$3,883,858$483,026$6,249,065
12$11,146,746$4,080,253$507,177$6,559,316
13$11,704,083$4,286,468$532,536$6,885,079
14$12,289,287$4,502,994$559,163$7,227,131
15$12,903,752$4,730,345$587,121$7,586,286
16$13,548,939$4,969,065$616,477$7,963,398
17$14,226,386$5,219,720$647,301$8,359,365
18$14,937,705$5,482,908$679,666$8,775,132
19$15,684,591$5,759,256$713,649$9,211,686
20$16,468,820$6,049,421$749,331$9,670,068
21$17,292,261$6,354,094$786,798$10,151,369
22$18,156,874$6,674,001$826,138$10,656,736
23$19,064,718$7,009,903$867,445$11,187,370
24$20,017,954$7,362,600$910,817$11,744,537
25$21,018,851$7,732,932$956,358$12,329,561
26$22,069,794$8,121,781$1,004,176$12,943,838
27$23,173,284$8,530,072$1,054,384$13,588,827
28$24,331,948$8,958,778$1,107,104$14,266,066
29$25,548,545$9,408,919$1,162,459$14,977,168
30$26,825,973$9,881,567$1,220,582$15,723,824
Total$433,000,001$158,888,716$19,701,504$254,409,784

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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.