USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Sep 3, 1994

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

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 $2,500,000 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:Sat, Sep 3, 1994
Jackpot:$2,500,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$44,575$5,101$2,028$37,446
2$46,358$5,315$2,109$38,934
3$48,213$5,538$2,194$40,481
4$50,141$5,769$2,281$42,091
5$52,147$6,184$2,373$43,590
6$54,233$6,643$2,468$45,122
7$56,402$7,120$2,566$46,715
8$58,658$7,617$2,669$48,372
9$61,004$8,133$2,776$50,096
10$63,444$8,670$2,887$51,888
11$65,982$9,228$3,002$53,752
12$68,622$9,809$3,122$55,691
13$71,366$10,413$3,247$57,707
14$74,221$11,041$3,377$59,803
15$77,190$11,694$3,512$61,984
16$80,278$12,373$3,653$64,252
17$83,489$13,079$3,799$66,610
18$86,828$13,814$3,951$69,063
19$90,301$14,578$4,109$71,614
20$93,913$15,373$4,273$74,267
21$97,670$16,199$4,444$77,027
22$101,577$17,059$4,622$79,896
23$105,640$17,953$4,807$82,880
24$109,865$18,966$4,999$85,901
25$114,260$20,020$5,199$89,041
26$118,830$21,117$5,407$92,306
27$123,584$22,258$5,623$95,702
28$128,527$23,444$5,848$99,234
29$133,668$24,678$6,082$102,908
30$139,015$25,962$6,325$106,728
Total$2,500,000$395,148$113,752$1,991,101

◄ 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.