The jackpot for the Powerball draw on Wed Nov 5, 2025, is projected to be $438 Million, with an option for a cash payout of $207 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Nebraska residents, the state will deduct 5% from your lottery earnings.
| Nebraska Powerball Jackpot/Cash Option for Wed Nov 5, 2025 |
|---|
| Draw Date | Wed Nov 5, 2025 | | Projected Jackpot | $438,000,000 | | Cash Value | $207,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $207,000,000 | | Federal Tax(24%) | $49,680,000 | | Additional Federal Tax | $26,870,330 | | State Tax(5%) | $10,350,000 | | Net Lumpsum Payment | $120,099,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,592,338 |
$2,399,495
$329,617 |
$3,863,226 |
| 2 |
$6,922,152 |
$2,521,527
$346,108 |
$4,054,517 |
| 3 |
$7,268,172 |
$2,649,554
$363,409 |
$4,255,209 |
| 4 |
$7,631,712 |
$2,784,064
$381,586 |
$4,466,062 |
| 5 |
$8,013,210 |
$2,925,218
$400,661 |
$4,687,331 |
| 6 |
$8,413,980 |
$3,073,503
$420,699 |
$4,919,778 |
| 7 |
$8,834,460 |
$3,229,081
$441,723 |
$5,163,656 |
| 8 |
$9,276,402 |
$3,392,599
$463,820 |
$5,419,983 |
| 9 |
$9,740,244 |
$3,564,221
$487,012 |
$5,689,011 |
| 10 |
$10,227,300 |
$3,744,431
$511,365 |
$5,971,504 |
| 11 |
$10,738,446 |
$3,933,555
$536,922 |
$6,267,969 |
| 12 |
$11,275,434 |
$4,132,241
$563,772 |
$6,579,421 |
| 13 |
$11,839,140 |
$4,340,812
$591,957 |
$6,906,371 |
| 14 |
$12,431,316 |
$4,559,917
$621,566 |
$7,249,833 |
| 15 |
$13,052,838 |
$4,789,880
$652,642 |
$7,610,316 |
| 16 |
$13,705,458 |
$5,031,350
$685,273 |
$7,988,835 |
| 17 |
$14,390,490 |
$5,284,812
$719,525 |
$8,386,153 |
| 18 |
$15,110,124 |
$5,551,076
$755,506 |
$8,803,542 |
| 19 |
$15,865,674 |
$5,830,630
$793,284 |
$9,241,760 |
| 20 |
$16,658,892 |
$6,124,120
$832,945 |
$9,701,827 |
| 21 |
$17,491,968 |
$6,432,359
$874,598 |
$10,185,011 |
| 22 |
$18,366,654 |
$6,755,992
$918,333 |
$10,692,329 |
| 23 |
$19,284,702 |
$7,095,670
$964,235 |
$11,224,797 |
| 24 |
$20,249,178 |
$7,452,526
$1,012,459 |
$11,784,193 |
| 25 |
$21,261,396 |
$7,827,047
$1,063,070 |
$12,371,279 |
| 26 |
$22,324,860 |
$8,220,529
$1,116,243 |
$12,988,088 |
| 27 |
$23,440,884 |
$8,633,457
$1,172,044 |
$13,635,383 |
| 28 |
$24,612,972 |
$9,067,130
$1,230,649 |
$14,315,193 |
| 29 |
$25,843,752 |
$9,522,519
$1,292,188 |
$15,029,045 |
| 30 |
$27,135,852 |
$10,000,596
$1,356,793 |
$15,778,463 |
|
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