USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Aug 18, 2010

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 $65,300,000 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, Aug 18, 2010
Jackpot:$65,300,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,164,305$386,750$52,976$724,579
2$1,210,878$403,982$55,095$751,801
3$1,259,313$421,903$57,299$780,111
4$1,309,685$440,541$59,591$809,554
5$1,362,073$459,924$61,974$840,174
6$1,416,556$480,083$64,453$872,020
7$1,473,218$501,048$67,031$905,139
8$1,532,147$522,851$69,713$939,582
9$1,593,432$545,527$72,501$975,404
10$1,657,170$569,110$75,401$1,012,658
11$1,723,457$593,636$78,417$1,051,403
12$1,792,395$619,143$81,554$1,091,698
13$1,864,091$645,671$84,816$1,133,604
14$1,938,654$673,259$88,209$1,177,186
15$2,016,200$701,951$91,737$1,222,512
16$2,096,848$731,791$95,407$1,269,651
17$2,180,722$762,825$99,223$1,318,675
18$2,267,951$795,099$103,192$1,369,660
19$2,358,669$828,665$107,319$1,422,685
20$2,453,016$863,573$111,612$1,477,831
21$2,551,137$899,878$116,077$1,535,182
22$2,653,182$937,635$120,720$1,594,828
23$2,759,309$976,902$125,549$1,656,859
24$2,869,682$1,017,740$130,571$1,721,372
25$2,984,469$1,060,211$135,793$1,788,465
26$3,103,848$1,104,381$141,225$1,858,242
27$3,228,002$1,150,318$146,874$1,930,810
28$3,357,122$1,198,092$152,749$2,006,280
29$3,491,407$1,247,778$158,859$2,084,770
30$3,631,063$1,299,451$165,213$2,166,399
Total$65,300,000$22,839,718$2,971,150$39,489,134

◄ 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.