USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Jan 24, 2015

Media: You may freely use any information on this page, but you must credit usamega.com.

The tax information provided here is based on 2024 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 $235,200,000 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:Sat, Jan 24, 2015
Jackpot:$235,200,000
Federal Tax:37% marginal rate
State Tax: 5.84%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,193,639$1,509,834$244,909$2,438,896
2$4,361,385$1,571,900$254,705$2,534,780
3$4,535,840$1,636,449$264,893$2,634,499
4$4,717,274$1,703,579$275,489$2,738,206
5$4,905,965$1,773,395$286,508$2,846,062
6$5,102,203$1,846,003$297,969$2,958,232
7$5,306,292$1,921,516$309,887$3,074,889
8$5,518,543$2,000,049$322,283$3,196,212
9$5,739,285$2,081,723$335,174$3,322,388
10$5,968,856$2,166,665$348,581$3,453,611
11$6,207,611$2,255,004$362,524$3,590,082
12$6,455,915$2,346,876$377,025$3,732,013
13$6,714,152$2,442,424$392,106$3,879,621
14$6,982,718$2,541,793$407,791$4,033,134
15$7,262,026$2,645,138$424,102$4,192,787
16$7,552,507$2,752,616$441,066$4,358,826
17$7,854,608$2,864,393$458,709$4,531,506
18$8,168,792$2,980,641$477,057$4,711,094
19$8,495,544$3,101,539$496,140$4,897,865
20$8,835,366$3,227,273$515,985$5,092,107
21$9,188,780$3,358,036$536,625$5,294,119
22$9,556,331$3,494,030$558,090$5,504,211
23$9,938,585$3,635,464$580,413$5,722,707
24$10,336,128$3,782,555$603,630$5,949,943
25$10,749,573$3,935,530$627,775$6,186,268
26$11,179,556$4,094,623$652,886$6,432,046
27$11,626,738$4,260,081$679,002$6,687,656
28$12,091,808$4,432,157$706,162$6,953,490
29$12,575,480$4,611,115$734,408$7,229,957
30$13,078,499$4,797,233$763,784$7,517,482
Total$235,200,000$85,769,634$13,735,678$135,694,689

◄ 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.