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Nebraska Powerball Jackpot Annuity Payout Schedule for Oct 17, 2018

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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 $378,000,000 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, Oct 17, 2018
Jackpot:$378,000,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,689,442$2,061,051$258,870$3,369,522
2$5,973,915$2,166,306$271,813$3,535,796
3$6,272,610$2,276,823$285,404$3,710,383
4$6,586,241$2,392,866$299,674$3,893,701
5$6,915,553$2,514,712$314,658$4,086,183
6$7,261,330$2,642,650$330,391$4,288,290
7$7,624,397$2,776,984$346,910$4,500,503
8$8,005,617$2,918,036$364,256$4,723,326
9$8,405,898$3,066,139$382,468$4,957,290
10$8,826,193$3,221,649$401,592$5,202,952
11$9,267,502$3,384,933$421,671$5,460,898
12$9,730,877$3,556,382$442,755$5,731,741
13$10,217,421$3,736,403$464,893$6,016,125
14$10,728,292$3,925,425$488,137$6,314,730
15$11,264,707$4,123,899$512,544$6,628,264
16$11,827,942$4,332,296$538,171$6,957,475
17$12,419,339$4,551,113$565,080$7,303,147
18$13,040,306$4,780,871$593,334$7,666,102
19$13,692,322$5,022,116$623,001$8,047,205
20$14,376,938$5,275,424$654,151$8,447,363
21$15,095,785$5,541,398$686,858$8,867,529
22$15,850,574$5,820,670$721,201$9,308,703
23$16,643,103$6,113,905$757,261$9,771,936
24$17,475,258$6,421,803$795,124$10,258,331
25$18,349,020$6,745,095$834,880$10,769,045
26$19,266,472$7,084,552$876,624$11,305,295
27$20,229,795$7,440,982$920,456$11,868,358
28$21,241,285$7,815,233$966,478$12,459,574
29$22,303,349$8,208,196$1,014,802$13,080,350
30$23,418,517$8,620,808$1,065,543$13,732,166
Total$378,000,001$138,538,720$17,199,000$222,262,283

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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.