USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Aug 11, 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 $31,100,000 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, Aug 11, 1993
Jackpot:$31,100,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$554,516$162,850$25,230$366,436
2$576,697$170,613$26,240$379,844
3$599,765$178,687$27,289$393,788
4$623,755$187,084$28,381$408,291
5$648,705$195,978$29,516$423,211
6$674,654$205,579$30,697$438,378
7$701,640$215,564$31,925$454,151
8$729,705$225,948$33,202$470,556
9$758,894$236,748$34,530$487,616
10$789,249$247,979$35,911$505,359
11$820,819$259,660$37,347$523,812
12$853,652$271,809$38,841$543,002
13$887,798$284,443$40,395$562,961
14$923,310$297,582$42,011$583,717
15$960,242$311,247$43,691$605,304
16$998,652$325,459$45,439$627,755
17$1,038,598$340,239$47,256$651,103
18$1,080,142$355,610$49,146$675,386
19$1,123,348$371,596$51,112$700,640
20$1,168,282$388,221$53,157$726,903
21$1,215,013$405,512$55,283$754,218
22$1,263,614$423,494$57,494$782,625
23$1,314,158$442,196$59,794$812,168
24$1,366,724$461,645$62,186$842,893
25$1,421,393$481,873$64,673$874,847
26$1,478,249$502,909$67,260$908,079
27$1,537,379$524,788$69,951$942,641
28$1,598,874$547,541$72,749$978,585
29$1,662,829$571,204$75,659$1,015,966
30$1,729,342$595,814$78,685$1,054,843
Total$31,100,000$10,189,872$1,415,050$19,495,078

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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.