USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Oct 11, 2023

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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 $1,764,900,000 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, Oct 11, 2023
Jackpot:$1,764,900,000
Federal Tax:37% marginal rate
State Tax: 5.2%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$26,564,278$9,785,803$1,381,342$15,397,132
2$27,892,492$10,277,242$1,450,410$16,164,840
3$29,287,116$10,793,253$1,522,930$16,970,933
4$30,751,473$11,335,065$1,599,077$17,817,331
5$32,289,045$11,903,967$1,679,030$18,706,048
6$33,903,498$12,501,314$1,762,982$19,639,201
7$35,598,674$13,128,530$1,851,131$20,619,013
8$37,378,607$13,787,105$1,943,688$21,647,815
9$39,247,537$14,478,609$2,040,872$22,728,056
10$41,209,914$15,204,688$2,142,916$23,862,310
11$43,270,410$15,967,072$2,250,061$25,053,277
12$45,433,930$16,767,574$2,362,564$26,303,791
13$47,705,626$17,608,102$2,480,693$27,616,832
14$50,090,908$18,490,656$2,604,727$28,995,525
15$52,595,453$19,417,338$2,734,964$30,443,152
16$55,225,226$20,390,354$2,871,712$31,963,161
17$57,986,487$21,412,020$3,015,297$33,559,169
18$60,885,811$22,484,770$3,166,062$35,234,979
19$63,930,102$23,611,158$3,324,365$36,994,578
20$67,126,607$24,793,865$3,490,584$38,842,159
21$70,482,937$26,035,707$3,665,113$40,782,117
22$74,007,084$27,339,641$3,848,368$42,819,074
23$77,707,439$28,708,773$4,040,787$44,957,879
24$81,592,810$30,146,360$4,242,826$47,203,624
25$85,672,450$31,655,827$4,454,967$49,561,656
26$89,956,074$33,240,768$4,677,716$52,037,591
27$94,453,878$34,904,955$4,911,602$54,637,321
28$99,176,570$36,652,351$5,157,182$57,367,037
29$104,135,399$38,487,118$5,415,041$60,233,240
30$109,342,170$40,413,623$5,685,793$63,242,754
Total$1,764,900,004$651,723,608$91,774,802$1,021,401,595

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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.