USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Jul 13, 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 $30,200,000 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, Jul 13, 2002
Jackpot:$30,200,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$538,469$157,233$24,500$356,735
2$560,008$164,772$25,480$369,755
3$582,408$172,612$26,500$383,296
4$605,704$180,766$27,560$397,379
5$629,933$189,246$28,662$412,025
6$655,130$198,355$29,808$426,966
7$681,335$208,051$31,001$442,283
8$708,588$218,135$32,241$458,213
9$736,932$228,622$33,530$474,780
10$766,409$239,529$34,872$492,009
11$797,066$250,872$36,266$509,928
12$828,948$262,668$37,717$528,563
13$862,106$274,937$39,226$547,944
14$896,590$287,696$40,795$568,100
15$932,454$300,965$42,427$589,062
16$969,752$314,766$44,124$610,863
17$1,008,542$329,118$45,889$633,536
18$1,048,884$344,044$47,724$657,115
19$1,090,839$359,568$49,633$681,638
20$1,134,473$375,712$51,619$707,142
21$1,179,852$392,502$53,683$733,666
22$1,227,046$409,964$55,831$761,251
23$1,276,128$428,125$58,064$789,939
24$1,327,173$447,011$60,386$819,775
25$1,380,260$466,653$62,802$850,805
26$1,435,470$487,081$65,314$883,075
27$1,492,889$508,326$67,926$916,636
28$1,552,605$530,421$70,644$951,540
29$1,614,709$553,399$73,469$987,840
30$1,679,297$577,297$76,408$1,025,592
Total$30,200,000$9,858,446$1,374,101$18,967,451

◄ 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.