USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Apr 6, 2011

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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 $221,700,000 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, Apr 6, 2011
Jackpot:$221,700,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,952,933$1,418,542$179,858$2,354,532
2$4,111,050$1,477,046$187,053$2,446,952
3$4,275,492$1,537,889$194,535$2,543,068
4$4,446,512$1,601,167$202,316$2,643,029
5$4,624,372$1,666,975$210,409$2,746,988
6$4,809,347$1,735,416$218,825$2,855,106
7$5,001,721$1,806,594$227,578$2,967,549
8$5,201,790$1,880,620$236,681$3,084,489
9$5,409,862$1,957,606$246,149$3,206,107
10$5,626,256$2,037,672$255,995$3,332,589
11$5,851,306$2,120,941$266,234$3,464,131
12$6,085,359$2,207,540$276,884$3,600,935
13$6,328,773$2,297,603$287,959$3,743,211
14$6,581,924$2,391,269$299,478$3,891,177
15$6,845,201$2,488,682$311,457$4,045,063
16$7,119,009$2,589,991$323,915$4,205,103
17$7,403,769$2,695,352$336,872$4,371,546
18$7,699,920$2,804,928$350,346$4,544,646
19$8,007,917$2,918,887$364,360$4,724,670
20$8,328,234$3,037,404$378,935$4,911,895
21$8,661,363$3,160,662$394,092$5,106,609
22$9,007,817$3,288,850$409,856$5,309,112
23$9,368,130$3,422,165$426,250$5,519,715
24$9,742,855$3,560,814$443,300$5,738,742
25$10,132,570$3,705,008$461,032$5,966,530
26$10,537,872$3,854,970$479,473$6,203,429
27$10,959,387$4,010,931$498,652$6,449,805
28$11,397,763$4,173,129$518,598$6,706,035
29$11,853,673$4,341,816$539,342$6,972,515
30$12,327,820$4,517,251$560,916$7,249,654
Total$221,700,000$80,707,720$10,087,350$130,904,932

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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.