USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Feb 1, 2012

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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 $173,500,000 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, Feb 1, 2012
Jackpot:$173,500,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,093,522$1,100,560$140,755$1,852,206
2$3,217,263$1,146,345$146,385$1,924,533
3$3,345,954$1,193,960$152,241$1,999,753
4$3,479,792$1,243,480$158,331$2,077,981
5$3,618,983$1,294,981$164,664$2,159,339
6$3,763,743$1,348,542$171,250$2,243,950
7$3,914,292$1,404,245$178,100$2,331,947
8$4,070,864$1,462,177$185,224$2,423,463
9$4,233,699$1,522,426$192,633$2,518,640
10$4,403,047$1,585,085$200,339$2,617,624
11$4,579,169$1,650,250$208,352$2,720,567
12$4,762,335$1,718,021$216,686$2,827,628
13$4,952,829$1,788,504$225,354$2,938,971
14$5,150,942$1,861,806$234,368$3,054,768
15$5,356,980$1,938,040$243,743$3,175,197
16$5,571,259$2,017,323$253,492$3,300,443
17$5,794,109$2,099,778$263,632$3,430,699
18$6,025,873$2,185,530$274,177$3,566,166
19$6,266,908$2,274,713$285,144$3,707,051
20$6,517,585$2,367,464$296,550$3,853,571
21$6,778,288$2,463,924$308,412$4,005,952
22$7,049,420$2,564,243$320,749$4,164,429
23$7,331,396$2,668,574$333,579$4,329,244
24$7,624,652$2,777,079$346,922$4,500,652
25$7,929,638$2,889,923$360,799$4,678,916
26$8,246,824$3,007,282$375,230$4,864,311
27$8,576,697$3,129,335$390,240$5,057,122
28$8,919,765$3,256,270$405,849$5,257,645
29$9,276,555$3,388,283$422,083$5,466,189
30$9,647,617$3,525,576$438,967$5,683,075
Total$173,500,000$62,873,719$7,894,250$102,732,032

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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.