USA Mega

Nebraska Mega Millions Jackpot Annuity Payout Schedule for Jun 30, 2023

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $368,000,000 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, Jun 30, 2023
Jackpot:$368,000,000
Federal Tax:37% marginal rate
State Tax: 5.84%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,538,928$2,007,591$323,473$3,207,864
2$5,815,875$2,110,061$339,647$3,366,166
3$6,106,668$2,217,655$356,629$3,532,384
4$6,412,002$2,330,628$374,461$3,706,912
5$6,732,602$2,449,250$393,184$3,890,167
6$7,069,232$2,573,804$412,843$4,082,585
7$7,422,694$2,704,584$433,485$4,284,624
8$7,793,828$2,841,904$455,160$4,496,764
9$8,183,520$2,986,090$477,918$4,719,512
10$8,592,695$3,137,485$501,813$4,953,397
11$9,022,330$3,296,450$526,904$5,198,976
12$9,473,447$3,463,363$553,249$5,456,834
13$9,947,119$3,638,622$580,912$5,727,586
14$10,444,475$3,822,644$609,957$6,011,874
15$10,966,699$4,015,866$640,455$6,310,377
16$11,515,034$4,218,750$672,478$6,623,806
17$12,090,785$4,431,778$706,102$6,952,905
18$12,695,325$4,655,458$741,407$7,298,460
19$13,330,091$4,890,321$778,477$7,661,292
20$13,996,596$5,136,928$817,401$8,042,266
21$14,696,425$5,395,865$858,271$8,442,289
22$15,431,246$5,667,749$901,185$8,862,313
23$16,202,809$5,953,227$946,244$9,303,338
24$17,012,949$6,252,979$993,556$9,766,414
25$17,863,597$6,567,718$1,043,234$10,252,644
26$18,756,777$6,898,195$1,095,396$10,763,186
27$19,694,616$7,245,195$1,150,166$11,299,254
28$20,679,346$7,609,546$1,207,674$11,862,126
29$21,713,313$7,992,114$1,268,058$12,453,142
30$22,798,979$8,393,810$1,331,460$13,073,709
Total$368,000,001$134,905,630$21,491,199$211,603,166

◄ Back to Jackpot Analysis

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.