USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Sep 12, 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 $26,600,000 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, Sep 12, 2001
Jackpot:$26,600,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$474,281$134,767$21,580$317,933
2$493,252$141,407$22,443$329,402
3$512,982$148,313$23,341$341,328
4$533,501$155,495$24,274$353,732
5$554,841$162,964$25,245$366,632
6$577,035$170,731$26,255$380,048
7$600,116$178,810$27,305$394,001
8$624,121$187,212$28,398$408,512
9$649,086$196,119$29,533$423,433
10$675,049$205,725$30,715$438,609
11$702,051$215,716$31,943$454,392
12$730,133$226,107$33,221$470,806
13$759,339$236,913$34,550$487,876
14$789,712$248,151$35,932$505,629
15$821,301$259,838$37,369$524,093
16$854,153$271,994$38,864$543,295
17$888,319$284,635$40,419$563,265
18$923,851$297,782$42,035$584,034
19$960,806$311,455$43,717$605,634
20$999,238$325,675$45,465$628,097
21$1,039,207$340,464$47,284$651,459
22$1,080,776$355,844$49,175$675,756
23$1,124,007$371,840$51,142$701,025
24$1,168,967$388,475$53,188$727,304
25$1,215,726$405,776$55,316$754,634
26$1,264,355$423,768$57,528$783,058
27$1,314,929$442,481$59,829$812,619
28$1,367,526$461,942$62,222$843,362
29$1,422,227$482,181$64,711$875,334
30$1,479,116$503,230$67,300$908,586
Total$26,600,000$8,535,810$1,210,299$16,853,888

◄ 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.