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Nebraska Powerball Jackpot Annuity Payout Schedule for Jun 25, 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 $333,700,000 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, Jun 25, 2022
Jackpot:$333,700,000
Federal Tax:37% marginal rate
State Tax: 6.64%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,022,664$1,821,341$333,505$2,867,818
2$5,273,797$1,914,260$350,180$3,009,357
3$5,537,487$2,011,825$367,689$3,157,973
4$5,814,361$2,114,269$386,074$3,314,019
5$6,105,079$2,221,834$405,377$3,477,868
6$6,410,333$2,334,778$425,646$3,649,909
7$6,730,850$2,453,370$446,928$3,830,552
8$7,067,393$2,577,890$469,275$4,020,227
9$7,420,762$2,708,637$492,739$4,219,387
10$7,791,800$2,845,921$517,376$4,428,504
11$8,181,390$2,990,069$543,244$4,648,077
12$8,590,460$3,141,425$570,407$4,878,628
13$9,019,983$3,300,349$598,927$5,120,707
14$9,470,982$3,467,218$628,873$5,374,890
15$9,944,531$3,642,431$660,317$5,641,783
16$10,441,758$3,826,405$693,333$5,922,020
17$10,963,845$4,019,578$727,999$6,216,268
18$11,512,038$4,222,409$764,399$6,525,229
19$12,087,639$4,435,382$802,619$6,849,639
20$12,692,022$4,659,003$842,750$7,190,268
21$13,326,623$4,893,805$884,888$7,547,929
22$13,992,954$5,140,348$929,132$7,923,474
23$14,692,601$5,399,218$975,589$8,317,795
24$15,427,231$5,671,031$1,024,368$8,731,833
25$16,198,593$5,956,434$1,075,587$9,166,572
26$17,008,523$6,256,108$1,129,366$9,623,048
27$17,858,949$6,570,766$1,185,834$10,102,349
28$18,751,896$6,901,157$1,245,126$10,605,614
29$19,689,491$7,248,067$1,307,382$11,134,042
30$20,673,966$7,612,322$1,372,751$11,688,892
Total$333,700,001$122,357,650$22,157,680$189,184,671

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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.