USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Jan 4, 2020

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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 $239,900,000 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 4, 2020
Jackpot:$239,900,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,610,839$1,291,968$164,293$2,154,578
2$3,791,381$1,358,768$172,508$2,260,105
3$3,980,950$1,428,909$181,133$2,370,908
4$4,179,998$1,502,556$190,190$2,487,252
5$4,388,998$1,579,886$199,699$2,609,412
6$4,608,448$1,661,083$209,684$2,737,680
7$4,838,870$1,746,339$220,169$2,872,362
8$5,080,814$1,835,858$231,177$3,013,778
9$5,334,854$1,929,853$242,736$3,162,265
10$5,601,597$2,028,548$254,873$3,318,176
11$5,881,677$2,132,178$267,616$3,481,883
12$6,175,761$2,240,989$280,997$3,653,775
13$6,484,549$2,355,240$295,047$3,834,261
14$6,808,776$2,475,204$309,799$4,023,772
15$7,149,215$2,601,167$325,289$4,222,759
16$7,506,676$2,733,427$341,554$4,431,695
17$7,882,009$2,872,301$358,631$4,651,077
18$8,276,110$3,018,118$376,563$4,881,429
19$8,689,915$3,171,226$395,391$5,123,298
20$9,124,411$3,331,989$415,161$5,377,261
21$9,580,632$3,500,791$435,919$5,643,922
22$10,059,663$3,678,033$457,715$5,923,916
23$10,562,646$3,864,136$480,600$6,217,910
24$11,090,779$4,059,545$504,630$6,526,603
25$11,645,317$4,264,725$529,862$6,850,731
26$12,227,584$4,480,163$556,355$7,191,065
27$12,838,963$4,706,373$584,173$7,548,416
28$13,480,911$4,943,894$613,381$7,923,635
29$14,154,956$5,193,291$644,051$8,317,615
30$14,862,704$5,455,158$676,253$8,731,293
Total$239,900,000$87,441,716$10,915,449$141,542,832

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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.