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Nebraska Mega Millions Jackpot Annuity Payout Schedule for May 21, 2021

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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 $516,000,000 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, May 21, 2021
Jackpot:$516,000,000
Federal Tax:37% marginal rate
State Tax: 5.2%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,766,540$2,830,640$403,860$4,532,040
2$8,154,868$2,974,321$424,053$4,756,493
3$8,562,611$3,125,186$445,256$4,992,169
4$8,990,742$3,283,595$467,519$5,239,628
5$9,440,278$3,449,923$490,894$5,499,461
6$9,912,292$3,624,568$515,439$5,772,285
7$10,407,907$3,807,946$541,211$6,058,750
8$10,928,303$4,000,492$568,272$6,359,539
9$11,474,718$4,202,666$596,685$6,675,367
10$12,048,453$4,414,948$626,520$7,006,986
11$12,650,876$4,637,844$657,846$7,355,186
12$13,283,420$4,871,886$690,738$7,720,797
13$13,947,591$5,117,629$725,275$8,104,687
14$14,644,971$5,375,659$761,538$8,507,773
15$15,377,219$5,646,591$799,615$8,931,012
16$16,146,080$5,931,070$839,596$9,375,414
17$16,953,384$6,229,772$881,576$9,842,036
18$17,801,053$6,543,410$925,655$10,331,988
19$18,691,106$6,872,729$971,937$10,846,439
20$19,625,661$7,218,515$1,020,534$11,386,612
21$20,606,944$7,581,590$1,071,561$11,953,793
22$21,637,291$7,962,818$1,125,139$12,549,334
23$22,719,156$8,363,108$1,181,396$13,174,652
24$23,855,113$8,783,412$1,240,466$13,831,235
25$25,047,869$9,224,732$1,302,489$14,520,648
26$26,300,263$9,688,118$1,367,614$15,244,532
27$27,615,276$10,174,672$1,435,994$16,004,609
28$28,996,040$10,685,555$1,507,794$16,802,691
29$30,445,842$11,221,982$1,583,184$17,640,676
30$31,968,134$11,785,230$1,662,343$18,520,561
Total$516,000,001$189,630,607$26,831,999$299,537,393

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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.