USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Jan 16, 2002

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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 $61,400,000 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:Wed, Jan 16, 2002
Jackpot:$61,400,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,094,768$361,021$49,812$683,935
2$1,138,559$377,224$51,804$709,530
3$1,184,101$394,075$53,877$736,150
4$1,231,465$411,599$56,032$763,834
5$1,280,724$429,825$58,273$792,626
6$1,331,953$448,780$60,604$822,569
7$1,385,231$468,493$63,028$853,710
8$1,440,640$488,994$65,549$886,097
9$1,498,266$510,316$68,171$919,779
10$1,558,196$532,490$70,898$954,809
11$1,620,524$555,551$73,734$991,239
12$1,685,345$579,535$76,683$1,029,127
13$1,752,759$604,478$79,751$1,068,530
14$1,822,869$630,419$82,941$1,109,510
15$1,895,784$657,397$86,258$1,152,129
16$1,971,615$685,455$89,709$1,196,452
17$2,050,480$714,635$93,297$1,242,548
18$2,132,499$744,982$97,029$1,290,489
19$2,217,799$776,543$100,910$1,340,346
20$2,306,511$809,366$104,946$1,392,199
21$2,398,772$843,503$109,144$1,446,125
22$2,494,723$879,005$113,510$1,502,208
23$2,594,511$915,926$118,050$1,560,535
24$2,698,292$954,325$122,772$1,621,194
25$2,806,224$994,260$127,683$1,684,280
26$2,918,473$1,035,792$132,791$1,749,890
27$3,035,211$1,078,985$138,102$1,818,124
28$3,156,620$1,123,907$143,626$1,889,087
29$3,282,885$1,170,625$149,371$1,962,889
30$3,414,200$1,219,211$155,346$2,039,643
Total$61,400,000$21,396,717$2,793,701$37,209,583

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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.