USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Oct 13, 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 $21,200,000 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, Oct 13, 2001
Jackpot:$21,200,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$377,998$101,069$17,199$259,731
2$393,118$106,361$17,887$268,871
3$408,843$111,864$18,602$278,376
4$425,196$117,588$19,346$288,262
5$442,204$123,541$20,120$298,543
6$459,892$129,732$20,925$309,236
7$478,288$136,170$21,762$320,356
8$497,420$142,866$22,633$331,921
9$517,317$149,830$23,538$343,949
10$538,009$157,072$24,479$356,457
11$559,530$164,605$25,459$369,466
12$581,911$172,438$26,477$382,996
13$605,187$180,585$27,536$397,066
14$629,395$189,057$28,637$411,700
15$654,570$198,148$29,783$426,639
16$680,753$207,836$30,974$441,943
17$707,983$217,911$32,213$457,859
18$736,303$228,389$33,502$474,412
19$765,755$239,287$34,842$491,626
20$796,385$250,620$36,236$509,530
21$828,240$262,406$37,685$528,149
22$861,370$274,664$39,192$547,514
23$895,825$287,412$40,760$567,652
24$931,658$300,671$42,390$588,597
25$968,924$314,459$44,086$610,379
26$1,007,681$328,799$45,849$633,032
27$1,047,988$343,713$47,683$656,592
28$1,089,908$359,223$49,591$681,094
29$1,133,504$375,354$51,574$706,576
30$1,178,844$392,130$53,637$733,077
Total$21,200,000$6,563,800$964,597$13,671,601

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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.