USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Jan 31, 2001

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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 $41,800,000 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, Jan 31, 2001
Jackpot:$41,800,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$745,298$231,718$33,911$479,670
2$775,110$242,748$35,268$497,095
3$806,114$254,220$36,678$515,217
4$838,359$266,150$38,145$534,064
5$871,893$278,558$39,671$553,664
6$906,769$291,462$41,258$574,049
7$943,040$304,882$42,908$595,250
8$980,762$318,839$44,625$617,298
9$1,019,992$333,354$46,410$640,228
10$1,060,792$348,450$48,266$664,075
11$1,103,223$364,150$50,197$688,877
12$1,147,352$380,478$52,205$714,670
13$1,193,246$397,458$54,293$741,495
14$1,240,976$415,118$56,464$769,393
15$1,290,615$433,485$58,723$798,407
16$1,342,240$452,586$61,072$828,582
17$1,395,929$472,451$63,515$859,964
18$1,451,767$493,111$66,055$892,600
19$1,509,837$514,597$68,698$926,543
20$1,570,231$536,943$71,446$961,843
21$1,633,040$560,182$74,303$998,555
22$1,698,362$584,351$77,275$1,036,735
23$1,766,296$609,487$80,366$1,076,443
24$1,836,948$635,628$83,581$1,117,739
25$1,910,426$662,815$86,924$1,160,687
26$1,986,843$691,089$90,401$1,205,352
27$2,066,317$720,494$94,017$1,251,805
28$2,148,969$751,076$97,778$1,300,115
29$2,234,928$782,881$101,689$1,350,358
30$2,324,325$815,958$105,757$1,402,611
Total$41,800,000$14,144,719$1,901,899$25,753,384

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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.