USA Mega

Nebraska Powerball Jackpot Annuity Payout Schedule for May 13, 1992

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

The tax information provided here is based on 2026 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 $12,500,000 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, May 13, 1992
Jackpot:$12,500,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$222,876$47,776$10,141$164,959
2$231,791$50,629$10,547$170,616
3$241,063$53,596$10,968$176,498
4$250,705$56,682$11,407$182,617
5$260,734$60,026$11,863$188,844
6$271,163$63,676$12,338$195,149
7$282,010$67,473$12,831$201,706
8$293,290$71,421$13,345$208,525
9$305,022$75,527$13,878$215,616
10$317,222$79,797$14,434$222,992
11$329,911$84,238$15,011$230,662
12$343,108$88,857$15,611$238,639
13$356,832$93,660$16,236$246,936
14$371,105$98,656$16,885$255,564
15$385,950$103,852$17,561$264,537
16$401,388$109,255$18,263$273,870
17$417,443$114,874$18,994$283,575
18$434,141$120,719$19,753$293,669
19$451,506$126,796$20,544$304,166
20$469,567$133,118$21,365$315,084
21$488,349$139,691$22,220$326,438
22$507,883$146,528$23,109$338,246
23$528,199$153,639$24,033$350,527
24$549,327$161,034$24,994$363,299
25$571,300$168,724$25,994$376,581
26$594,152$176,722$27,034$390,395
27$617,918$185,040$28,115$404,762
28$642,634$193,732$29,240$419,663
29$668,340$203,243$30,409$434,687
30$695,073$213,134$31,626$450,313
Total$12,500,000$3,442,115$568,749$8,489,135

◄ 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.