USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Jun 19, 2002

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 $14,000,000 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, Jun 19, 2002
Jackpot:$14,000,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$249,621$56,335$11,358$181,929
2$259,606$59,631$11,812$188,163
3$269,990$63,266$12,285$194,440
4$280,790$67,046$12,776$200,968
5$292,022$70,977$13,287$207,758
6$303,703$75,065$13,818$214,819
7$315,851$79,317$14,371$222,162
8$328,485$83,739$14,946$229,800
9$341,624$88,338$15,544$237,743
10$355,289$93,120$16,166$246,003
11$369,501$98,094$16,812$254,594
12$384,281$103,267$17,485$263,528
13$399,652$108,647$18,184$272,820
14$415,638$114,243$18,912$282,484
15$432,263$120,061$19,668$292,534
16$449,554$126,113$20,455$302,986
17$467,536$132,407$21,273$313,856
18$486,238$138,952$22,124$325,161
19$505,687$145,760$23,009$336,919
20$525,915$152,839$23,929$349,146
21$546,951$160,202$24,886$361,863
22$568,829$167,859$25,882$375,088
23$591,582$175,823$26,917$388,842
24$615,246$184,105$27,994$403,147
25$639,856$192,719$29,113$418,023
26$665,450$202,174$30,278$432,998
27$692,068$212,022$31,489$448,556
28$719,750$222,265$32,749$464,737
29$748,540$232,917$34,059$481,565
30$778,482$243,996$35,421$499,066
Total$14,000,000$3,971,299$637,002$9,391,698

◄ 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.