USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Sep 20, 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 $178,600,000 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, Sep 20, 2006
Jackpot:$178,600,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,184,456$1,134,206$144,893$1,905,357
2$3,311,834$1,181,336$150,688$1,979,810
3$3,444,307$1,230,351$156,716$2,057,240
4$3,582,080$1,281,327$162,985$2,137,768
5$3,725,363$1,334,341$169,504$2,221,517
6$3,874,377$1,389,477$176,284$2,308,616
7$4,029,352$1,446,818$183,336$2,399,199
8$4,190,526$1,506,452$190,669$2,493,405
9$4,358,148$1,568,472$198,296$2,591,380
10$4,532,473$1,632,972$206,228$2,693,273
11$4,713,772$1,700,053$214,477$2,799,243
12$4,902,323$1,769,817$223,056$2,909,451
13$5,098,416$1,842,371$231,978$3,024,067
14$5,302,353$1,917,828$241,257$3,143,268
15$5,514,447$1,996,303$250,907$3,267,237
16$5,735,025$2,077,916$260,944$3,396,165
17$5,964,426$2,162,795$271,381$3,530,250
18$6,203,003$2,251,068$282,237$3,669,698
19$6,451,123$2,342,873$293,526$3,814,724
20$6,709,168$2,438,349$305,267$3,965,551
21$6,977,535$2,537,645$317,478$4,122,412
22$7,256,636$2,640,913$330,177$4,285,546
23$7,546,901$2,748,311$343,384$4,455,207
24$7,848,777$2,860,005$357,119$4,631,653
25$8,162,729$2,976,167$371,404$4,815,158
26$8,489,238$3,096,975$386,260$5,006,002
27$8,828,807$3,222,616$401,711$5,204,481
28$9,181,960$3,353,282$417,779$5,410,898
29$9,549,238$3,489,175$434,490$5,625,572
30$9,931,207$3,630,504$451,870$5,848,833
Total$178,600,000$64,760,718$8,126,301$105,712,981

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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.