USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Jul 20, 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 $76,300,000 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, Jul 20, 2011
Jackpot:$76,300,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,360,437$459,319$61,900$839,218
2$1,414,854$479,453$64,376$871,025
3$1,471,448$500,393$66,951$904,104
4$1,530,306$522,171$69,629$938,507
5$1,591,518$544,819$72,414$974,285
6$1,655,179$568,374$75,311$1,011,495
7$1,721,386$592,870$78,323$1,050,193
8$1,790,242$618,347$81,456$1,090,439
9$1,861,851$644,842$84,714$1,132,295
10$1,936,325$672,398$88,103$1,175,825
11$2,013,778$701,055$91,627$1,221,096
12$2,094,330$730,859$95,292$1,268,178
13$2,178,103$761,855$99,104$1,317,144
14$2,265,227$794,091$103,068$1,368,068
15$2,355,836$827,617$107,191$1,421,029
16$2,450,069$862,483$111,478$1,476,108
17$2,548,072$898,744$115,937$1,533,391
18$2,649,995$936,455$120,575$1,592,965
19$2,755,995$975,675$125,398$1,654,922
20$2,866,235$1,016,464$130,414$1,719,357
21$2,980,884$1,058,884$135,630$1,786,369
22$3,100,119$1,103,001$141,055$1,856,063
23$3,224,124$1,148,883$146,698$1,928,543
24$3,353,089$1,196,600$152,566$2,003,923
25$3,487,213$1,246,226$158,668$2,082,319
26$3,626,701$1,297,837$165,015$2,163,850
27$3,771,769$1,351,512$171,616$2,248,642
28$3,922,640$1,407,334$178,480$2,336,826
29$4,079,546$1,465,389$185,619$2,428,537
30$4,242,727$1,525,766$193,044$2,523,917
Total$76,300,000$26,909,716$3,471,652$45,918,633

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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.