Nebraska Powerball

Latest Powerball results and how much you keep after Nebraska taxes.

Latest Powerball Drawing

Monday, May 25
173248606410

Jackpot: $154M

Drawings every Mon, Wed & Sat at 10:59 PM ET · Power Play optional +$1

Nebraska Powerball — Take-Home After Taxes

Based on $154M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$154M
Cash value (~55%)$85M
Federal tax (37%)$31M
Nebraska tax (5.84%)$5M
You keep$48M

Annuity (30 Payments)

Full jackpot$154M
Annual payment$5M
Federal withholding (24%)$1M
Nebraska tax$300K
Annual net$4M
30-year total$108M

Nebraska Lottery Information

State tax on winnings

5.84%

Draw days

Mon, Wed, Sat at 10:59 PM ET

Ticket price

$2 per play (+$1 Power Play)

Jackpot odds

1 in 292,201,338

Official Nebraska Lottery Website

Frequently Asked Questions

How much is the Powerball jackpot in Nebraska?

The current Powerball jackpot is $154M. Powerball is played in Nebraska along with 44 other states. Drawings are held Monday, Wednesday, and Saturday at 10:59 PM ET.

How much do you keep from Powerball in Nebraska?

For the lump sum on a $154M jackpot in Nebraska, you'd receive $85M cash, pay approximately $31M in federal taxes and $5M in Nebraska state taxes (5.84%), keeping about $48M.

Where do I buy Powerball tickets in Nebraska?

Powerball tickets are sold at most convenience stores, gas stations, grocery stores, and other licensed lottery retailers throughout Nebraska. Tickets cost $2 per play, with an optional $1 Power Play add-on.

How do I claim a Powerball prize in Nebraska?

Prizes under $600 can typically be claimed at any Nebraska lottery retailer. Prizes $600 and above must be claimed at a Nebraska Lottery district office or headquarters. Jackpot winners must contact the Nebraska Lottery directly. Keep your ticket safe — it is the only proof of your win.

Does Nebraska tax Powerball winnings?

Yes. Nebraska taxes lottery winnings at 5.84% state income tax, in addition to federal taxes. Use our Nebraska lottery tax calculator to see your exact take-home.

Powerball in Nebraska

Nebraska residents can purchase Powerball tickets at licensed lottery retailers statewide. Powerball is a multi-state lottery operated by the Multi-State Lottery Association (MUSL), with drawings every Monday, Wednesday, and Saturday at 10:59 PM Eastern Time.

If you win the Powerball jackpot in Nebraska, you have 60 days from the drawing date to choose between the lump-sum cash option and the annuity. The lump sum pays approximately 55-60% of the advertised jackpot immediately, while the annuity pays the full amount over 29 years in 30 graduated payments.

Nebraska taxes lottery winnings at 5.84%, which is applied on top of the 37% federal tax rate for top earners. For a large jackpot, the combined effective rate can exceed 50% for lump-sum winners. Use the Nebraska lottery tax calculator for a precise breakdown based on your specific prize amount.