USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Dec 24, 2014

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 $100,000,000 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, Dec 24, 2014
Jackpot:$100,000,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,783,010$615,671$81,127$1,086,212
2$1,854,330$642,059$84,372$1,127,899
3$1,928,504$669,504$87,747$1,171,253
4$2,005,644$698,045$91,257$1,216,341
5$2,085,869$727,729$94,907$1,263,233
6$2,169,304$758,600$98,703$1,312,001
7$2,256,076$790,706$102,651$1,362,719
8$2,346,319$824,095$106,758$1,415,466
9$2,440,172$858,821$111,028$1,470,323
10$2,537,779$894,936$115,469$1,527,375
11$2,639,290$932,495$120,088$1,586,708
12$2,744,862$971,556$124,891$1,648,414
13$2,854,656$1,012,180$129,887$1,712,589
14$2,968,843$1,054,429$135,082$1,779,331
15$3,087,596$1,098,368$140,486$1,848,743
16$3,211,100$1,144,064$146,105$1,920,931
17$3,339,544$1,191,589$151,949$1,996,006
18$3,473,126$1,241,014$158,027$2,074,085
19$3,612,051$1,292,416$164,348$2,155,287
20$3,756,533$1,345,874$170,922$2,239,736
21$3,906,794$1,401,471$177,759$2,327,564
22$4,063,066$1,459,292$184,870$2,418,905
23$4,225,589$1,519,425$192,264$2,513,899
24$4,394,612$1,581,964$199,955$2,612,694
25$4,570,397$1,647,004$207,953$2,715,440
26$4,753,213$1,714,646$216,271$2,822,296
27$4,943,341$1,784,993$224,922$2,933,426
28$5,141,075$1,858,155$233,919$3,049,001
29$5,346,718$1,934,243$243,276$3,169,199
30$5,560,586$2,013,374$253,007$3,294,206
Total$100,000,000$35,678,718$4,550,000$59,771,282

◄ 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.