USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Feb 4, 2006

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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 $183,100,000 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, Feb 4, 2006
Jackpot:$183,100,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,264,691$1,163,893$148,543$1,952,255
2$3,395,279$1,212,210$154,485$2,028,583
3$3,531,090$1,262,461$160,665$2,107,965
4$3,672,334$1,314,721$167,091$2,190,522
5$3,819,227$1,369,071$173,775$2,276,381
6$3,971,996$1,425,596$180,726$2,365,674
7$4,130,876$1,484,381$187,955$2,458,540
8$4,296,111$1,545,518$195,473$2,555,120
9$4,467,955$1,609,101$203,292$2,655,563
10$4,646,673$1,675,226$211,424$2,760,023
11$4,832,540$1,743,997$219,881$2,868,663
12$5,025,842$1,815,519$228,676$2,981,647
13$5,226,876$1,889,901$237,823$3,099,152
14$5,435,951$1,967,259$247,336$3,221,356
15$5,653,389$2,047,711$257,229$3,348,448
16$5,879,524$2,131,381$267,518$3,480,625
17$6,114,705$2,218,398$278,219$3,618,088
18$6,359,294$2,308,896$289,348$3,761,050
19$6,613,665$2,403,013$300,922$3,909,730
20$6,878,212$2,500,896$312,959$4,064,358
21$7,153,340$2,602,693$325,477$4,225,170
22$7,439,474$2,708,563$338,496$4,392,415
23$7,737,053$2,818,667$352,036$4,566,350
24$8,046,535$2,933,175$366,117$4,747,242
25$8,368,396$3,052,264$380,762$4,935,370
26$8,703,132$3,176,116$395,993$5,131,024
27$9,051,258$3,304,923$411,832$5,334,503
28$9,413,308$3,438,881$428,306$5,546,121
29$9,789,840$3,578,198$445,438$5,766,204
30$10,181,434$3,723,088$463,255$5,995,091
Total$183,100,000$66,425,717$8,331,052$108,343,233

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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.