USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Apr 28, 2007

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 $67,600,000 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:Sat, Apr 28, 2007
Jackpot:$67,600,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,205,315$401,924$54,842$748,549
2$1,253,527$419,762$57,035$776,729
3$1,303,668$438,315$59,317$806,037
4$1,355,815$457,609$61,690$836,517
5$1,410,048$477,675$64,157$868,216
6$1,466,450$498,544$66,723$901,183
7$1,525,108$520,247$69,392$935,468
8$1,586,112$542,819$72,168$971,125
9$1,649,556$566,293$75,055$1,008,208
10$1,715,539$590,707$78,057$1,046,775
11$1,784,160$616,097$81,179$1,086,884
12$1,855,527$642,502$84,426$1,128,598
13$1,929,748$669,964$87,804$1,171,980
14$2,006,938$698,524$91,316$1,217,098
15$2,087,215$728,227$94,968$1,264,020
16$2,170,704$759,118$98,767$1,312,819
17$2,257,532$791,244$102,718$1,363,570
18$2,347,833$824,655$106,826$1,416,351
19$2,441,746$859,403$111,099$1,471,244
20$2,539,416$895,541$115,543$1,528,332
21$2,640,993$933,125$120,165$1,587,703
22$2,746,633$972,211$124,972$1,649,450
23$2,856,498$1,012,861$129,971$1,713,666
24$2,970,758$1,055,138$135,169$1,780,451
25$3,089,588$1,099,105$140,576$1,849,907
26$3,213,172$1,144,831$146,199$1,922,142
27$3,341,699$1,192,386$152,047$1,997,266
28$3,475,367$1,241,843$158,129$2,075,394
29$3,614,381$1,293,278$164,454$2,156,649
30$3,758,956$1,346,771$171,033$2,241,153
Total$67,600,000$23,690,719$3,075,797$40,833,484

◄ 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.