USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Apr 24, 2023

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 $28,200,000 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:Mon, Apr 24, 2023
Jackpot:$28,200,000
Federal Tax:37% marginal rate
State Tax: 5.2%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$424,450$118,105$22,071$284,274
2$445,673$125,533$23,175$296,965
3$467,957$133,332$24,334$310,291
4$491,354$141,521$25,550$324,283
5$515,922$150,120$26,828$338,974
6$541,718$159,149$28,169$354,400
7$568,804$168,629$29,578$370,598
8$597,244$178,583$31,057$387,605
9$627,107$189,050$32,610$405,447
10$658,462$200,651$34,240$423,571
11$691,385$212,833$35,952$442,600
12$725,954$225,623$37,750$462,581
13$762,252$239,054$39,637$483,561
14$800,365$253,155$41,619$505,591
15$840,383$267,962$43,700$528,721
16$882,402$283,509$45,885$553,008
17$926,522$299,833$48,179$578,510
18$972,848$316,974$50,588$605,286
19$1,021,491$334,972$53,118$633,401
20$1,072,565$353,869$55,773$662,922
21$1,126,193$373,712$58,562$693,920
22$1,182,503$394,546$61,490$726,467
23$1,241,628$416,423$64,565$760,641
24$1,303,710$439,393$67,793$796,524
25$1,368,895$463,511$71,183$834,201
26$1,437,340$488,836$74,742$873,762
27$1,509,207$515,427$78,479$915,301
28$1,584,667$543,347$82,403$958,917
29$1,663,901$572,663$86,523$1,004,714
30$1,747,096$603,446$90,849$1,052,801
Total$28,200,000$9,163,761$1,466,402$17,569,837

◄ 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.