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Nebraska Powerball Jackpot Annuity Payout Schedule for Apr 6, 2022

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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 $247,500,000 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:Wed, Apr 6, 2022
Jackpot:$247,500,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,725,230$1,334,292$169,498$2,221,440
2$3,911,492$1,403,209$177,973$2,330,310
3$4,107,066$1,475,572$186,872$2,444,623
4$4,312,420$1,551,553$196,215$2,564,652
5$4,528,040$1,631,332$206,026$2,690,682
6$4,754,443$1,715,101$216,327$2,823,014
7$4,992,165$1,803,058$227,144$2,961,963
8$5,241,773$1,895,413$238,501$3,107,859
9$5,503,862$1,992,386$250,426$3,261,050
10$5,779,055$2,094,207$262,947$3,421,900
11$6,068,007$2,201,120$276,094$3,590,793
12$6,371,408$2,313,378$289,899$3,768,131
13$6,689,978$2,431,249$304,394$3,954,335
14$7,024,477$2,555,014$319,614$4,149,850
15$7,375,701$2,684,967$335,594$4,355,140
16$7,744,486$2,821,417$352,374$4,570,695
17$8,131,710$2,964,690$369,993$4,797,027
18$8,538,296$3,115,127$388,492$5,034,677
19$8,965,211$3,273,085$407,917$5,284,208
20$9,413,471$3,438,942$428,313$5,546,217
21$9,884,145$3,613,091$449,729$5,821,325
22$10,378,352$3,795,947$472,215$6,110,189
23$10,897,270$3,987,947$495,826$6,413,497
24$11,442,133$4,189,546$520,617$6,731,969
25$12,014,240$4,401,226$546,648$7,066,366
26$12,614,952$4,623,489$573,980$7,417,482
27$13,245,699$4,856,866$602,679$7,786,154
28$13,907,984$5,101,911$632,813$8,173,259
29$14,603,383$5,359,209$664,454$8,579,720
30$15,333,553$5,629,372$697,677$9,006,504
Total$247,500,000$90,253,716$11,261,251$145,985,031

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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.