USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Apr 13, 2002

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The tax information provided here is based on 2025 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 $21,500,000 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, Apr 13, 2002
Jackpot:$21,500,000
Federal Tax:37% marginal rate
State Tax: 5.2%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$383,347$103,719$19,934$259,694
2$398,681$109,086$20,731$268,864
3$414,628$114,667$21,561$278,400
4$431,213$120,472$22,423$288,318
5$448,462$126,509$23,320$298,633
6$466,400$132,787$24,253$309,360
7$485,056$139,317$25,223$320,516
8$504,459$146,108$26,232$332,119
9$524,637$153,170$27,281$344,186
10$545,623$160,515$28,372$356,735
11$567,447$168,154$29,507$369,786
12$590,145$176,098$30,688$383,360
13$613,751$184,360$31,915$397,476
14$638,301$193,192$33,192$411,918
15$663,833$202,639$34,519$426,675
16$690,387$212,463$35,900$442,023
17$718,002$222,681$37,336$457,985
18$746,722$233,307$38,830$474,585
19$776,591$244,359$40,383$491,849
20$807,655$255,852$41,998$509,804
21$839,961$267,806$43,678$528,477
22$873,559$280,237$45,425$547,897
23$908,502$293,166$47,242$568,094
24$944,842$306,612$49,132$589,098
25$982,635$320,595$51,097$610,943
26$1,021,941$335,138$53,141$633,661
27$1,062,818$350,263$55,267$657,289
28$1,105,331$365,993$57,477$681,861
29$1,149,544$382,352$59,776$707,416
30$1,195,526$399,365$62,167$733,994
Total$21,500,000$6,700,982$1,118,000$13,681,016

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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.