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Nebraska Powerball Jackpot Annuity Payout Schedule for Jan 30, 2023

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The tax information provided here is based on 2022 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 Powerball 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 $613,000,000 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 prize money, as well as deductions claimed.

State:

Nebraska

Drawing Date:Mon, Jan 30, 2023
Jackpot:$613,000,000
Federal Tax:37% marginal rate
State Tax: 6.64%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$9,226,530$3,376,771$612,642$5,237,117
2$9,687,856$3,547,462$643,274$5,497,121
3$10,172,249$3,726,687$675,437$5,770,124
4$10,680,862$3,914,874$709,209$6,056,779
5$11,214,904$4,112,470$744,670$6,357,765
6$11,775,650$4,319,945$781,903$6,673,801
7$12,364,433$4,537,795$820,998$7,005,639
8$12,982,654$4,766,537$862,048$7,354,069
9$13,631,787$5,006,716$905,151$7,719,920
10$14,313,376$5,258,904$950,408$8,104,064
11$15,029,045$5,523,702$997,929$8,507,415
12$15,780,497$5,801,739$1,047,825$8,930,933
13$16,569,522$6,093,678$1,100,216$9,375,627
14$17,397,998$6,400,214$1,155,227$9,842,557
15$18,267,898$6,722,077$1,212,988$10,332,832
16$19,181,293$7,060,033$1,273,638$10,847,622
17$20,140,357$7,414,887$1,337,320$11,388,150
18$21,147,375$7,787,484$1,404,186$11,955,706
19$22,204,744$8,178,710$1,474,395$12,551,639
20$23,314,981$8,589,498$1,548,115$13,177,368
21$24,480,730$9,020,825$1,625,520$13,834,384
22$25,704,767$9,473,719$1,706,796$14,524,251
23$26,990,005$9,949,257$1,792,136$15,248,612
24$28,339,505$10,448,572$1,881,743$16,009,190
25$29,756,480$10,972,853$1,975,830$16,807,797
26$31,244,305$11,523,348$2,074,622$17,646,335
27$32,806,520$12,101,367$2,178,353$18,526,800
28$34,446,845$12,708,288$2,287,271$19,451,287
29$36,169,188$13,345,554$2,401,634$20,421,999
30$37,977,648$14,014,685$2,521,716$21,441,247
Total$613,000,001$225,698,651$40,703,200$346,598,150

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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.