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Nebraska Powerball Jackpot Annuity Payout Schedule for Nov 4, 2009

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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 $67,700,000 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, Nov 4, 2009
Jackpot:$67,700,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,207,098$402,583$54,923$749,591
2$1,255,382$420,448$57,120$777,813
3$1,305,597$439,028$59,405$807,164
4$1,357,821$458,351$61,781$837,689
5$1,412,134$478,447$64,252$869,435
6$1,468,619$499,346$66,822$902,451
7$1,527,364$521,082$69,495$936,787
8$1,588,458$543,687$72,275$972,497
9$1,651,997$567,196$75,166$1,009,635
10$1,718,076$591,646$78,172$1,048,258
11$1,786,799$617,073$81,299$1,088,427
12$1,858,271$643,518$84,551$1,130,202
13$1,932,602$671,020$87,933$1,173,649
14$2,009,906$699,623$91,451$1,218,833
15$2,090,303$729,369$95,109$1,265,825
16$2,173,915$760,306$98,913$1,314,696
17$2,260,871$792,480$102,870$1,365,522
18$2,351,306$825,941$106,984$1,418,381
19$2,445,358$860,740$111,264$1,473,355
20$2,543,173$896,931$115,714$1,530,527
21$2,644,900$934,570$120,343$1,589,987
22$2,750,696$973,715$125,157$1,651,824
23$2,860,724$1,014,425$130,163$1,716,136
24$2,975,152$1,056,764$135,369$1,783,019
25$3,094,159$1,100,796$140,784$1,852,578
26$3,217,925$1,146,589$146,416$1,924,920
27$3,346,642$1,194,215$152,272$2,000,155
28$3,480,508$1,243,745$158,363$2,078,399
29$3,619,728$1,295,257$164,698$2,159,774
30$3,764,517$1,348,829$171,286$2,244,403
Total$67,700,000$23,727,720$3,080,350$40,891,932

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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.