USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Jun 13, 1998

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 $23,100,000 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:Sat, Jun 13, 1998
Jackpot:$23,100,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$411,875$112,926$18,740$280,209
2$428,350$118,692$19,490$290,169
3$445,484$124,689$20,270$300,526
4$463,304$130,926$21,080$311,298
5$481,836$137,412$21,924$322,501
6$501,109$144,157$22,800$334,151
7$521,154$151,173$23,712$346,268
8$542,000$158,469$24,661$358,870
9$563,680$166,057$25,647$371,975
10$586,227$173,949$26,673$385,605
11$609,676$182,156$27,740$399,780
12$634,063$190,691$28,850$414,522
13$659,426$199,945$30,004$429,477
14$685,803$209,704$31,204$444,894
15$713,235$219,854$32,452$460,928
16$741,764$230,410$33,750$477,604
17$771,435$241,388$35,100$494,946
18$802,292$252,805$36,504$512,982
19$834,384$264,679$37,964$531,740
20$867,759$277,028$39,483$551,248
21$902,469$289,871$41,062$571,536
22$938,568$303,228$42,705$592,636
23$976,111$317,118$44,413$614,580
24$1,015,155$331,565$46,190$637,401
25$1,055,762$346,589$48,037$661,135
26$1,097,992$362,214$49,959$685,819
27$1,141,912$378,465$51,957$711,490
28$1,187,588$395,365$54,035$738,188
29$1,235,092$412,941$56,197$765,954
30$1,284,495$431,221$58,445$794,830
Total$23,100,000$7,255,687$1,051,048$14,793,262

◄ 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.