The jackpot for the Powerball draw on Wed Nov 26, 2025, is projected to be $681 Million, with an option for a cash payout of $315.7 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 26, 2025 |
|---|
| Draw Date | Wed Nov 26, 2025 | | Projected Jackpot | $681,000,000 | | Cash Value | $315,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $315,700,000 | | Federal Tax(24%) | $75,768,000 | | Additional Federal Tax | $41,001,330 | | State Tax(5%) | $15,785,000 | | Net Lumpsum Payment | $183,145,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$10,249,731 |
$3,752,731
$512,487 |
$5,984,513 |
| 2 |
$10,762,524 |
$3,942,464
$538,126 |
$6,281,934 |
| 3 |
$11,300,514 |
$4,141,521
$565,026 |
$6,593,967 |
| 4 |
$11,865,744 |
$4,350,656
$593,287 |
$6,921,801 |
| 5 |
$12,458,895 |
$4,570,122
$622,945 |
$7,265,828 |
| 6 |
$13,082,010 |
$4,800,674
$654,101 |
$7,627,235 |
| 7 |
$13,735,770 |
$5,042,565
$686,789 |
$8,006,416 |
| 8 |
$14,422,899 |
$5,296,803
$721,145 |
$8,404,951 |
| 9 |
$15,144,078 |
$5,563,639
$757,204 |
$8,823,235 |
| 10 |
$15,901,350 |
$5,843,830
$795,068 |
$9,262,452 |
| 11 |
$16,696,077 |
$6,137,879
$834,804 |
$9,723,394 |
| 12 |
$17,530,983 |
$6,446,794
$876,549 |
$10,207,640 |
| 13 |
$18,407,430 |
$6,771,079
$920,372 |
$10,715,979 |
| 14 |
$19,328,142 |
$7,111,743
$966,407 |
$11,249,992 |
| 15 |
$20,294,481 |
$7,469,288
$1,014,724 |
$11,810,469 |
| 16 |
$21,309,171 |
$7,844,724
$1,065,459 |
$12,398,988 |
| 17 |
$22,374,255 |
$8,238,805
$1,118,713 |
$13,016,737 |
| 18 |
$23,493,138 |
$8,652,791
$1,174,657 |
$13,665,690 |
| 19 |
$24,667,863 |
$9,087,440
$1,233,393 |
$14,347,030 |
| 20 |
$25,901,154 |
$9,543,757
$1,295,058 |
$15,062,339 |
| 21 |
$27,196,416 |
$10,023,004
$1,359,821 |
$15,813,591 |
| 22 |
$28,556,373 |
$10,526,188
$1,427,819 |
$16,602,366 |
| 23 |
$29,983,749 |
$11,054,318
$1,499,187 |
$17,430,244 |
| 24 |
$31,483,311 |
$11,609,155
$1,574,166 |
$18,299,990 |
| 25 |
$33,057,102 |
$12,191,458
$1,652,855 |
$19,212,789 |
| 26 |
$34,710,570 |
$12,803,241
$1,735,529 |
$20,171,800 |
| 27 |
$36,445,758 |
$13,445,261
$1,822,288 |
$21,178,209 |
| 28 |
$38,268,114 |
$14,119,533
$1,913,406 |
$22,235,175 |
| 29 |
$40,181,724 |
$14,827,568
$2,009,086 |
$23,345,070 |
| 30 |
$42,190,674 |
$15,570,880
$2,109,534 |
$24,510,260 |
|
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