Jackpot Analysis Nebraska Powerball

Jackpot Analysis for Nebraska Powerball
The jackpot for the Powerball draw on Sat Aug 2, 2025, is projected to be $410 Million, with an option for a cash payout of $184.9 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 Sat Aug 2, 2025
Draw DateSat Aug 2, 2025
Projected Jackpot$410,000,000
Cash Value$184,900,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$184,900,000
Federal Tax(24%)$44,376,000
Additional Federal Tax$23,997,330
State Tax(5%)$9,245,000
Net Lumpsum Payment$107,281,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $6,170,910 $2,243,567
$308,546
$3,618,797
2 $6,479,640 $2,357,797
$323,982
$3,797,861
3 $6,803,540 $2,477,640
$340,177
$3,985,723
4 $7,143,840 $2,603,551
$357,192
$4,183,097
5 $7,500,950 $2,735,682
$375,048
$4,390,220
6 $7,876,100 $2,874,487
$393,805
$4,607,808
7 $8,269,700 $3,020,119
$413,485
$4,836,096
8 $8,683,390 $3,173,185
$434,170
$5,076,035
9 $9,117,580 $3,333,835
$455,879
$5,327,866
10 $9,573,500 $3,502,525
$478,675
$5,592,300
11 $10,051,970 $3,679,559
$502,599
$5,869,812
12 $10,554,630 $3,865,543
$527,732
$6,161,355
13 $11,082,300 $4,060,781
$554,115
$6,467,404
14 $11,636,620 $4,265,880
$581,831
$6,788,909
15 $12,218,410 $4,481,142
$610,921
$7,126,347
16 $12,829,310 $4,707,175
$641,466
$7,480,669
17 $13,470,550 $4,944,434
$673,528
$7,852,588
18 $14,144,180 $5,193,677
$707,209
$8,243,294
19 $14,851,430 $5,455,359
$742,572
$8,653,499
20 $15,593,940 $5,730,088
$779,697
$9,084,155
21 $16,373,760 $6,018,622
$818,688
$9,536,450
22 $17,192,530 $6,321,566
$859,627
$10,011,337
23 $18,051,890 $6,639,530
$902,595
$10,509,765
24 $18,954,710 $6,973,573
$947,736
$11,033,401
25 $19,902,220 $7,324,152
$995,111
$11,582,957
26 $20,897,700 $7,692,479
$1,044,885
$12,160,336
27 $21,942,380 $8,079,011
$1,097,119
$12,766,250
28 $23,039,540 $8,484,960
$1,151,977
$13,402,603
29 $24,191,640 $8,911,237
$1,209,582
$14,070,821
30 $25,401,140 $9,358,752
$1,270,057
$14,772,331