USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Dec 26, 2001

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 $28,300,000 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:Wed, Dec 26, 2001
Jackpot:$28,300,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$504,592$145,376$22,959$336,256
2$524,775$152,441$23,877$348,458
3$545,766$159,788$24,832$361,147
4$567,597$167,428$25,826$374,343
5$590,301$175,375$26,859$388,068
6$613,913$183,639$27,933$402,341
7$638,470$192,234$29,050$417,186
8$664,008$201,640$30,212$432,156
9$690,569$211,468$31,421$447,680
10$718,191$221,688$32,678$463,826
11$746,919$232,317$33,985$480,617
12$776,796$243,372$35,344$498,080
13$807,868$254,868$36,758$516,241
14$840,182$266,825$38,228$535,129
15$873,790$279,259$39,757$554,773
16$908,741$292,192$41,348$575,202
17$945,091$305,641$43,002$596,448
18$982,895$319,628$44,722$618,545
19$1,022,210$334,175$46,511$641,525
20$1,063,099$349,304$48,371$665,424
21$1,105,623$365,038$50,306$690,279
22$1,149,848$381,401$52,318$716,129
23$1,195,842$398,419$54,411$743,012
24$1,243,675$416,117$56,587$770,971
25$1,293,422$434,523$58,851$800,048
26$1,345,159$453,666$61,205$830,288
27$1,398,966$473,574$63,653$861,738
28$1,454,924$494,279$66,199$894,446
29$1,513,121$515,812$68,847$928,462
30$1,573,646$538,206$71,601$963,839
Total$28,300,000$9,159,693$1,287,651$17,852,657

◄ 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.