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Nebraska Powerball Jackpot Annuity Payout Schedule for Mar 5, 2025

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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 $294,900,000 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, Mar 5, 2025
Jackpot:$294,900,000
Federal Tax:37% marginal rate
State Tax: 4.55%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,438,668$1,598,264$201,959$2,638,444
2$4,660,602$1,680,380$212,057$2,768,164
3$4,893,632$1,766,601$222,660$2,904,370
4$5,138,313$1,857,133$233,793$3,047,387
5$5,395,229$1,952,192$245,483$3,197,554
6$5,664,990$2,052,004$257,757$3,355,230
7$5,948,240$2,156,806$270,645$3,520,789
8$6,245,652$2,266,848$284,177$3,694,626
9$6,557,935$2,382,393$298,386$3,877,156
10$6,885,831$2,503,715$313,305$4,068,811
11$7,230,123$2,631,103$328,971$4,270,050
12$7,591,629$2,764,860$345,419$4,481,350
13$7,971,210$2,905,305$362,690$4,703,215
14$8,369,771$3,052,773$380,825$4,936,174
15$8,788,259$3,207,613$399,866$5,180,780
16$9,227,673$3,370,196$419,859$5,437,617
17$9,689,056$3,540,908$440,852$5,707,296
18$10,173,509$3,720,156$462,895$5,990,459
19$10,682,184$3,908,365$486,039$6,287,779
20$11,216,294$4,105,986$510,341$6,599,966
21$11,777,108$4,313,487$535,858$6,927,762
22$12,365,964$4,531,364$562,651$7,271,948
23$12,984,262$4,760,134$590,784$7,633,344
24$13,633,475$5,000,343$620,323$8,012,809
25$14,315,148$5,252,562$651,339$8,411,247
26$15,030,906$5,517,393$683,906$8,829,607
27$15,782,451$5,795,464$718,102$9,268,886
28$16,571,574$6,087,440$754,007$9,730,128
29$17,400,152$6,394,014$791,707$10,214,432
30$18,270,160$6,715,917$831,292$10,722,951
Total$294,900,001$107,791,719$13,417,948$173,690,331

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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.