USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Nov 5, 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 2025 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 $1,656,800,000 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, Nov 5, 2022
Jackpot:$1,656,800,000
Federal Tax:37% marginal rate
State Tax: 5.2%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$24,937,218$9,183,791$1,296,735$14,456,691
2$26,184,079$9,645,129$1,361,572$15,177,377
3$27,493,282$10,129,535$1,429,651$15,934,097
4$28,867,947$10,638,161$1,501,133$16,728,653
5$30,311,343$11,172,217$1,576,190$17,562,936
6$31,826,911$11,732,977$1,654,999$18,438,934
7$33,418,257$12,321,775$1,737,749$19,358,733
8$35,089,170$12,940,013$1,824,637$20,324,520
9$36,843,628$13,589,163$1,915,869$21,338,597
10$38,685,809$14,270,770$2,011,662$22,403,378
11$40,620,100$14,986,457$2,112,245$23,521,398
12$42,651,105$15,737,929$2,217,857$24,695,319
13$44,783,660$16,526,975$2,328,750$25,927,935
14$47,022,844$17,355,472$2,445,188$27,222,183
15$49,373,985$18,225,395$2,567,447$28,581,143
16$51,842,685$19,138,814$2,695,820$30,008,052
17$54,434,818$20,097,903$2,830,611$31,506,305
18$57,156,560$21,104,947$2,972,141$33,079,471
19$60,014,387$22,162,344$3,120,748$34,731,296
20$63,015,107$23,272,610$3,276,786$36,465,712
21$66,165,862$24,438,389$3,440,625$38,286,848
22$69,474,155$25,662,458$3,612,656$40,199,042
23$72,947,864$26,947,730$3,793,289$42,206,845
24$76,595,256$28,297,265$3,982,953$44,315,038
25$80,425,018$29,714,277$4,182,101$46,528,640
26$84,446,271$31,202,140$4,391,206$48,852,924
27$88,668,584$32,764,396$4,610,766$51,293,421
28$93,102,012$34,404,765$4,841,305$53,855,943
29$97,757,113$36,127,152$5,083,370$56,546,591
30$102,644,970$37,935,659$5,337,538$59,371,772
Total$1,656,800,003$611,726,608$86,153,599$958,919,794

◄ 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.