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Nebraska Mega Millions Jackpot Annuity Payout Schedule for Jul 26, 2022

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The tax information provided here is based on 2024 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 $830,000,000 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, Jul 26, 2022
Jackpot:$830,000,000
Federal Tax:37% marginal rate
State Tax: 5.84%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$12,492,691$4,580,483$729,573$7,182,634
2$13,117,326$4,811,598$766,052$7,539,676
3$13,773,192$5,054,269$804,354$7,914,569
4$14,461,852$5,309,073$844,572$8,308,207
5$15,184,944$5,576,617$886,801$8,721,526
6$15,944,191$5,857,539$931,141$9,155,512
7$16,741,401$6,152,506$977,698$9,611,197
8$17,578,471$6,462,222$1,026,583$10,089,666
9$18,457,395$6,787,424$1,077,912$10,592,059
10$19,380,264$7,128,886$1,131,807$11,119,571
11$20,349,278$7,487,420$1,188,398$11,673,459
12$21,366,741$7,863,882$1,247,818$12,255,042
13$22,435,078$8,259,167$1,310,209$12,865,703
14$23,556,833$8,674,216$1,375,719$13,506,898
15$24,734,674$9,110,017$1,444,505$14,180,152
16$25,971,408$9,567,609$1,516,730$14,887,069
17$27,269,978$10,048,080$1,592,567$15,629,332
18$28,633,477$10,552,574$1,672,195$16,408,708
19$30,065,151$11,082,293$1,755,805$17,227,052
20$31,568,408$11,638,499$1,843,595$18,086,314
21$33,146,829$12,222,514$1,935,775$18,988,539
22$34,804,170$12,835,731$2,032,564$19,935,876
23$36,544,379$13,479,608$2,134,192$20,930,579
24$38,371,597$14,155,679$2,240,901$21,975,017
25$40,290,177$14,865,553$2,352,946$23,071,677
26$42,304,687$15,610,922$2,470,594$24,223,171
27$44,419,921$16,393,558$2,594,123$25,432,239
28$46,640,916$17,215,327$2,723,830$26,701,760
29$48,972,962$18,078,184$2,860,021$28,034,757
30$51,421,611$18,984,184$3,003,022$29,434,405
Total$830,000,002$305,845,634$48,472,002$475,682,366

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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.