USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Apr 10, 1999

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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 $16,300,000 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, Apr 10, 1999
Jackpot:$16,300,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$290,631$70,490$13,224$206,917
2$302,256$74,559$13,753$213,944
3$314,346$78,790$14,303$221,253
4$326,920$83,191$14,875$228,854
5$339,997$87,768$15,470$236,759
6$353,597$92,528$16,089$244,980
7$367,740$97,478$16,732$253,530
8$382,450$102,627$17,401$262,422
9$397,748$107,981$18,098$271,669
10$413,658$113,550$18,821$281,287
11$430,204$119,341$19,574$291,289
12$447,412$125,364$20,357$301,692
13$465,309$131,627$21,172$312,510
14$483,921$138,142$22,018$323,761
15$503,278$144,917$22,899$335,462
16$523,409$151,963$23,815$347,632
17$544,346$159,290$24,768$360,288
18$566,120$166,911$25,758$373,450
19$588,764$174,837$26,789$387,139
20$612,315$183,079$27,860$401,375
21$636,807$191,652$28,975$416,181
22$662,280$201,001$30,134$431,145
23$688,771$210,803$31,339$446,629
24$716,322$220,996$32,593$462,733
25$744,975$231,598$33,896$479,480
26$774,774$242,624$35,252$496,898
27$805,765$254,090$36,662$515,012
28$837,995$266,015$38,129$533,851
29$871,515$278,418$39,654$553,443
30$906,376$291,316$41,240$573,819
Total$16,300,000$4,792,946$741,650$10,765,404

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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.