USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Mar 24, 1993

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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 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 $14,200,000 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:Wed, Mar 24, 1993
Jackpot:$14,200,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$253,187$57,476$11,520$184,191
2$263,315$60,929$11,981$190,405
3$273,848$64,616$12,460$196,772
4$284,801$68,450$12,958$203,393
5$296,193$72,437$13,477$210,280
6$308,041$76,584$14,016$217,442
7$320,363$80,896$14,577$224,890
8$333,177$85,381$15,160$232,636
9$346,504$90,046$15,766$240,693
10$360,365$94,897$16,397$249,071
11$374,779$99,942$17,052$257,785
12$389,770$105,189$17,735$266,847
13$405,361$110,646$18,444$276,272
14$421,576$116,321$19,182$286,073
15$438,439$122,223$19,949$296,267
16$455,976$128,361$20,747$306,868
17$474,215$134,745$21,577$317,894
18$493,184$141,384$22,440$329,360
19$512,911$148,288$23,337$341,286
20$533,428$155,469$24,271$353,688
21$554,765$162,937$25,242$366,586
22$576,955$170,704$26,251$380,000
23$600,034$178,781$27,302$393,951
24$624,035$187,181$28,394$408,460
25$648,996$196,086$29,529$423,381
26$674,956$205,691$30,711$438,555
27$701,954$215,680$31,939$454,335
28$730,033$226,069$33,216$470,747
29$759,234$236,874$34,545$487,815
30$789,603$248,110$35,927$505,566
Total$14,200,000$4,042,393$646,102$9,511,509

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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.