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Nebraska Powerball Jackpot Annuity Payout Schedule for Aug 7, 2021

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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 $227,600,000 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, Aug 7, 2021
Jackpot:$227,600,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,425,707$1,223,469$155,870$2,046,368
2$3,596,992$1,286,844$163,663$2,146,485
3$3,776,842$1,353,389$171,846$2,251,607
4$3,965,684$1,423,260$180,439$2,361,985
5$4,163,968$1,496,625$189,461$2,477,882
6$4,372,166$1,573,659$198,934$2,599,574
7$4,590,775$1,654,544$208,880$2,727,351
8$4,820,313$1,739,473$219,324$2,861,516
9$5,061,329$1,828,649$230,290$3,002,390
10$5,314,395$1,922,284$241,805$3,150,307
11$5,580,115$2,020,600$253,895$3,305,620
12$5,859,121$2,123,832$266,590$3,468,699
13$6,152,077$2,232,226$279,920$3,639,932
14$6,459,681$2,346,039$293,915$3,819,726
15$6,782,665$2,465,543$308,611$4,008,510
16$7,121,798$2,591,023$324,042$4,206,734
17$7,477,888$2,722,776$340,244$4,414,868
18$7,851,782$2,861,117$357,256$4,633,410
19$8,244,371$3,006,375$375,119$4,862,878
20$8,656,590$3,158,896$393,875$5,103,820
21$9,089,419$3,319,042$413,569$5,356,808
22$9,543,890$3,487,197$434,247$5,622,447
23$10,021,085$3,663,759$455,959$5,901,367
24$10,522,139$3,849,149$478,757$6,194,233
25$11,048,246$4,043,808$502,695$6,501,743
26$11,600,659$4,248,201$527,830$6,824,628
27$12,180,692$4,462,813$554,221$7,163,657
28$12,789,726$4,688,156$581,933$7,519,638
29$13,429,212$4,924,766$611,029$7,893,417
30$14,100,673$5,173,206$641,581$8,285,886
Total$227,600,000$82,890,720$10,355,800$134,353,486

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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.