USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Oct 1, 2022

Media: You may freely use any information on this page, but you must credit usamega.com.

The tax information provided here is based on 2022 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 $325,400,000 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 prize money, as well as deductions claimed.

State:

Nebraska

Drawing Date:Sat, Oct 1, 2022
Jackpot:$325,400,000
Federal Tax:37% marginal rate
State Tax: 6.64%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,897,737$1,775,118$325,210$2,797,410
2$5,142,624$1,865,726$341,470$2,935,428
3$5,399,755$1,960,864$358,544$3,080,347
4$5,669,743$2,060,760$376,471$3,232,512
5$5,953,230$2,165,650$395,294$3,392,285
6$6,250,891$2,275,785$415,059$3,560,047
7$6,563,436$2,391,426$435,812$3,736,198
8$6,891,608$2,512,850$457,603$3,921,155
9$7,236,188$2,640,345$480,483$4,115,361
10$7,597,998$2,774,214$504,507$4,319,276
11$7,977,898$2,914,777$529,732$4,533,388
12$8,376,792$3,062,368$556,219$4,758,205
13$8,795,632$3,217,339$584,030$4,994,263
14$9,235,414$3,380,058$613,231$5,242,124
15$9,697,184$3,550,913$643,893$5,502,378
16$10,182,044$3,730,311$676,088$5,775,645
17$10,691,146$3,918,679$709,892$6,062,575
18$11,225,703$4,116,465$745,387$6,363,851
19$11,786,988$4,324,141$782,656$6,680,191
20$12,376,337$4,542,200$821,789$7,012,349
21$12,995,154$4,771,162$862,878$7,361,114
22$13,644,912$5,011,572$906,022$7,727,317
23$14,327,158$5,264,003$951,323$8,111,831
24$15,043,515$5,529,056$998,889$8,515,570
25$15,795,691$5,807,361$1,048,834$8,939,497
26$16,585,476$6,099,581$1,101,276$9,384,619
27$17,414,750$6,406,412$1,156,339$9,851,998
28$18,285,487$6,728,585$1,214,156$10,342,745
29$19,199,761$7,066,867$1,274,864$10,858,030
30$20,159,750$7,422,062$1,338,607$11,399,080
Total$325,400,001$119,286,650$21,606,558$184,506,789

◄ Back to Jackpot Analysis

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.