USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Apr 5, 2003

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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 $17,900,000 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 5, 2003
Jackpot:$17,900,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$319,159$80,475$14,522$224,162
2$331,925$84,943$15,103$231,879
3$345,202$89,590$15,707$239,905
4$359,010$94,423$16,335$248,252
5$373,371$99,449$16,988$256,933
6$388,305$104,676$17,668$265,961
7$403,838$110,112$18,375$275,351
8$419,991$115,766$19,110$285,115
9$436,791$121,646$19,874$295,271
10$454,262$127,761$20,669$305,832
11$472,433$134,121$21,496$316,816
12$491,330$140,735$22,356$328,240
13$510,983$147,613$23,250$340,120
14$531,423$154,767$24,180$352,476
15$552,680$162,207$25,147$365,326
16$574,787$169,945$26,153$378,689
17$597,778$177,992$27,199$392,588
18$621,690$186,361$28,287$407,042
19$646,557$195,183$29,418$421,955
20$672,419$204,752$30,595$437,072
21$699,316$214,704$31,819$452,793
22$727,289$225,054$33,092$469,143
23$756,380$235,818$34,415$486,147
24$786,636$247,012$35,792$503,831
25$818,101$258,655$37,224$522,223
26$850,825$270,763$38,713$541,350
27$884,858$283,355$40,261$561,242
28$920,252$296,451$41,871$581,930
29$957,062$310,070$43,546$603,446
30$995,345$324,235$45,288$625,822
Total$17,900,000$5,368,634$814,453$11,716,912

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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.