USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Jun 24, 2000

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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 $22,400,000 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 24, 2000
Jackpot:$22,400,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$399,394$108,557$18,172$272,665
2$415,370$114,149$18,899$282,322
3$431,985$119,964$19,655$292,366
4$449,264$126,012$20,442$302,811
5$467,235$132,301$21,259$313,674
6$485,924$138,843$22,110$324,972
7$505,361$145,646$22,994$336,722
8$525,576$152,721$23,914$348,941
9$546,599$160,079$24,870$361,650
10$568,463$167,731$25,865$374,866
11$591,201$175,690$26,900$388,612
12$614,849$183,966$27,976$402,907
13$639,443$192,574$29,095$417,774
14$665,021$202,015$30,258$432,747
15$691,622$211,857$31,469$448,296
16$719,286$222,093$32,728$464,466
17$748,058$232,739$34,037$481,283
18$777,980$243,810$35,398$498,772
19$809,099$255,324$36,814$516,961
20$841,463$267,299$38,287$535,878
21$875,122$279,752$39,818$555,552
22$910,127$292,704$41,411$576,012
23$946,532$306,174$43,067$597,291
24$984,393$320,183$44,790$619,421
25$1,023,769$334,752$46,581$642,436
26$1,064,720$349,904$48,445$666,371
27$1,107,308$365,661$50,383$691,265
28$1,151,601$382,050$52,398$717,153
29$1,197,665$399,093$54,494$744,078
30$1,245,571$416,819$56,673$772,079
Total$22,400,000$7,000,462$1,019,202$14,380,343

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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.