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Nebraska Powerball Jackpot Annuity Payout Schedule for Jan 31, 2015

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The tax information provided here is based on 2025 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 $285,800,000 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 31, 2015
Jackpot:$285,800,000
Federal Tax:37% marginal rate
State Tax: 5.2%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,095,842$1,842,482$264,984$2,988,377
2$5,299,676$1,917,900$275,583$3,106,192
3$5,511,663$1,996,336$286,606$3,228,721
4$5,732,130$2,077,908$298,071$3,356,151
5$5,961,415$2,162,744$309,994$3,488,677
6$6,199,871$2,250,973$322,393$3,626,505
7$6,447,866$2,342,731$335,289$3,769,846
8$6,705,781$2,438,159$348,701$3,918,921
9$6,974,012$2,537,405$362,649$4,073,959
10$7,252,973$2,640,620$377,155$4,235,198
11$7,543,091$2,747,964$392,241$4,402,887
12$7,844,815$2,859,602$407,930$4,577,283
13$8,158,608$2,975,705$424,248$4,758,655
14$8,484,952$3,096,453$441,218$4,947,282
15$8,824,350$3,222,030$458,866$5,143,454
16$9,177,324$3,352,630$477,221$5,347,473
17$9,544,417$3,488,455$496,310$5,559,653
18$9,926,194$3,629,712$516,162$5,780,320
19$10,323,242$3,776,620$536,809$6,009,813
20$10,736,171$3,929,404$558,281$6,248,487
21$11,165,618$4,088,299$580,612$6,496,707
22$11,612,243$4,253,550$603,837$6,754,856
23$12,076,733$4,425,411$627,990$7,023,331
24$12,559,802$4,604,147$653,110$7,302,545
25$13,062,194$4,790,032$679,234$7,592,928
26$13,584,682$4,983,352$706,403$7,894,926
27$14,128,069$5,184,406$734,660$8,209,004
28$14,693,192$5,393,501$764,046$8,535,645
29$15,280,919$5,610,960$794,608$8,875,351
30$15,892,156$5,837,118$826,392$9,228,646
Total$285,800,000$104,456,609$14,861,603$166,481,793

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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.