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Nebraska Powerball Jackpot Annuity Payout Schedule for Mar 23, 2024

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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 $758,100,000 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, Mar 23, 2024
Jackpot:$758,100,000
Federal Tax:37% marginal rate
State Tax: 5.84%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$11,410,493$4,180,070$666,373$6,564,050
2$11,981,018$4,391,164$699,691$6,890,162
3$12,580,068$4,612,813$734,676$7,232,579
4$13,209,072$4,845,544$771,410$7,592,118
5$13,869,525$5,089,912$809,980$7,969,633
6$14,563,002$5,346,498$850,479$8,366,024
7$15,291,152$5,615,914$893,003$8,782,235
8$16,055,710$5,898,800$937,653$9,219,256
9$16,858,495$6,195,831$984,536$9,678,128
10$17,701,420$6,507,713$1,033,763$10,159,944
11$18,586,491$6,835,189$1,085,451$10,665,850
12$19,515,815$7,179,039$1,139,724$11,197,052
13$20,491,606$7,540,082$1,196,710$11,754,814
14$21,516,186$7,919,177$1,256,545$12,340,464
15$22,591,996$8,317,226$1,319,373$12,955,397
16$23,721,596$8,735,178$1,385,341$13,601,076
17$24,907,675$9,174,027$1,454,608$14,279,039
18$26,153,059$9,634,820$1,527,339$14,990,901
19$27,460,712$10,118,651$1,603,706$15,738,355
20$28,833,747$10,626,674$1,683,891$16,523,182
21$30,275,435$11,160,099$1,768,085$17,347,251
22$31,789,206$11,720,194$1,856,490$18,212,523
23$33,378,667$12,308,295$1,949,314$19,121,058
24$35,047,600$12,925,800$2,046,780$20,075,020
25$36,799,980$13,574,180$2,149,119$21,076,681
26$38,639,979$14,254,980$2,256,575$22,128,425
27$40,571,978$14,969,820$2,369,404$23,232,755
28$42,600,577$15,720,401$2,487,874$24,392,302
29$44,730,606$16,508,512$2,612,267$25,609,826
30$46,967,136$17,336,028$2,742,881$26,888,227
Total$758,100,002$279,242,631$44,273,041$434,584,327

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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.