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Nebraska Powerball Jackpot Annuity Payout Schedule for Aug 9, 2017

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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 $323,500,000 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, Aug 9, 2017
Jackpot:$323,500,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,869,139$1,757,539$221,546$2,890,055
2$5,112,596$1,847,618$232,623$3,032,355
3$5,368,226$1,942,201$244,254$3,181,771
4$5,636,637$2,041,513$256,467$3,338,657
5$5,918,469$2,145,791$269,290$3,503,388
6$6,214,393$2,255,283$282,755$3,676,355
7$6,525,112$2,370,249$296,893$3,857,971
8$6,851,368$2,490,963$311,737$4,048,667
9$7,193,936$2,617,714$327,324$4,248,899
10$7,553,633$2,750,802$343,690$4,459,141
11$7,931,315$2,890,544$360,875$4,679,896
12$8,327,881$3,037,273$378,919$4,911,689
13$8,744,275$3,191,339$397,864$5,155,071
14$9,181,488$3,353,108$417,758$5,410,623
15$9,640,563$3,522,965$438,646$5,678,952
16$10,122,591$3,701,316$460,578$5,960,697
17$10,628,720$3,888,584$483,607$6,256,530
18$11,160,156$4,085,215$507,787$6,567,154
19$11,718,164$4,291,678$533,176$6,893,310
20$12,304,072$4,508,464$559,835$7,235,773
21$12,919,276$4,736,089$587,827$7,595,360
22$13,565,240$4,975,096$617,218$7,972,925
23$14,243,502$5,226,053$648,079$8,369,370
24$14,955,677$5,489,558$680,483$8,785,636
25$15,703,461$5,766,238$714,507$9,222,715
26$16,488,634$6,056,752$750,233$9,681,649
27$17,313,066$6,361,792$787,744$10,163,530
28$18,178,719$6,682,083$827,132$10,669,504
29$19,087,655$7,018,389$868,488$11,200,777
30$20,042,037$7,371,511$911,913$11,758,614
Total$323,500,001$118,373,720$14,719,248$190,407,034

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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.