USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Nov 26, 2022

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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 $45,700,000 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, Nov 26, 2022
Jackpot:$45,700,000
Federal Tax:37% marginal rate
State Tax: 6.64%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$687,851$217,460$45,673$424,718
2$722,243$230,185$47,957$444,101
3$758,355$243,546$50,355$464,454
4$796,273$257,576$52,873$485,824
5$836,087$272,307$55,516$508,263
6$877,891$287,775$58,292$531,824
7$921,786$304,016$61,207$556,563
8$967,875$321,069$64,267$582,539
9$1,016,269$338,974$67,480$609,814
10$1,067,082$357,775$70,854$638,452
11$1,120,436$377,516$74,397$668,523
12$1,176,458$398,244$78,117$700,097
13$1,235,281$420,009$82,023$733,249
14$1,297,045$442,862$86,124$768,059
15$1,361,897$466,857$90,430$804,610
16$1,429,992$492,052$94,951$842,988
17$1,501,492$518,507$99,699$883,286
18$1,576,566$546,284$104,684$925,598
19$1,655,394$575,451$109,918$970,025
20$1,738,164$606,076$115,414$1,016,674
21$1,825,072$638,232$121,185$1,065,656
22$1,916,326$671,996$127,244$1,117,086
23$2,012,142$707,448$133,606$1,171,088
24$2,112,749$744,672$140,287$1,227,791
25$2,218,387$783,758$147,301$1,287,328
26$2,329,306$824,798$154,666$1,349,842
27$2,445,772$867,890$162,399$1,415,482
28$2,568,060$913,137$170,519$1,484,404
29$2,696,463$960,646$179,045$1,556,772
30$2,831,286$1,010,531$187,997$1,632,758
Total$45,700,000$15,797,649$3,034,480$26,867,868

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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.