USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for Jan 13, 2024

Media: You may freely use any information on this page, but you must credit usamega.com.

The tax information provided here is based on 2024 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 $78,400,000 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, Jan 13, 2024
Jackpot:$78,400,000
Federal Tax:37% marginal rate
State Tax: 5.84%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,180,033$394,800$68,914$716,319
2$1,239,034$416,630$72,360$750,044
3$1,300,986$439,553$75,978$785,456
4$1,366,035$463,621$79,776$822,638
5$1,434,337$488,892$83,765$861,679
6$1,506,054$515,428$87,954$902,673
7$1,581,356$543,290$92,351$945,716
8$1,660,424$572,545$96,969$990,911
9$1,743,445$603,263$101,817$1,038,366
10$1,830,618$635,516$106,908$1,088,193
11$1,922,149$669,383$112,253$1,140,512
12$2,018,256$704,942$117,866$1,195,447
13$2,119,169$742,280$123,759$1,253,129
14$2,225,127$781,485$129,947$1,313,695
15$2,336,384$822,650$136,445$1,377,289
16$2,453,203$865,873$143,267$1,444,063
17$2,575,863$911,257$150,430$1,514,176
18$2,704,656$958,911$157,952$1,587,794
19$2,839,889$1,008,947$165,850$1,665,093
20$2,981,883$1,061,485$174,142$1,746,257
21$3,130,978$1,116,649$182,849$1,831,479
22$3,287,526$1,174,573$191,992$1,920,962
23$3,451,903$1,235,392$201,591$2,014,920
24$3,624,498$1,299,252$211,671$2,113,575
25$3,805,723$1,366,305$222,254$2,217,163
26$3,996,009$1,436,711$233,367$2,325,931
27$4,195,809$1,510,637$245,035$2,440,137
28$4,405,600$1,588,260$257,287$2,560,053
29$4,625,880$1,669,763$270,151$2,685,965
30$4,857,174$1,755,342$283,659$2,818,173
Total$78,400,000$27,753,635$4,578,559$46,067,808

◄ 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.