USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Dec 28, 1994

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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 $33,100,000 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, Dec 28, 1994
Jackpot:$33,100,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$590,176$175,331$26,853$387,992
2$613,783$183,593$27,927$402,263
3$638,335$192,186$29,044$417,104
4$663,868$201,588$30,206$432,074
5$690,423$211,414$31,414$447,595
6$718,040$221,632$32,671$463,737
7$746,761$232,259$33,978$480,525
8$776,632$243,311$35,337$497,984
9$807,697$254,805$36,750$516,142
10$840,005$266,759$38,220$535,026
11$873,605$279,191$39,749$554,665
12$908,549$292,120$41,339$575,090
13$944,891$305,567$42,993$596,332
14$982,687$319,551$44,712$618,423
15$1,021,994$334,095$46,501$641,398
16$1,062,874$349,221$48,361$665,293
17$1,105,389$364,951$50,295$690,143
18$1,149,605$381,311$52,307$715,987
19$1,195,589$398,325$54,399$742,864
20$1,243,412$416,020$56,575$770,817
21$1,293,149$434,422$58,838$799,888
22$1,344,875$453,561$61,192$830,122
23$1,398,670$473,465$63,639$861,565
24$1,454,617$494,165$66,185$894,266
25$1,512,801$515,694$68,832$928,275
26$1,573,313$538,083$71,586$963,644
27$1,636,246$561,368$74,449$1,000,428
28$1,701,696$585,585$77,427$1,038,684
29$1,769,764$610,770$80,524$1,078,470
30$1,840,554$636,962$83,745$1,119,847
Total$33,100,000$10,927,305$1,506,048$20,666,643

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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.