The jackpot for the Powerball draw on Wed Jan 14, 2026, is projected to be $156 Million, with an option for a cash payout of $70.5 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 Jan 14, 2026 |
|---|
| Draw Date | Wed Jan 14, 2026 | | Projected Jackpot | $156,000,000 | | Cash Value | $70,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $70,500,000 | | Federal Tax(24%) | $16,920,000 | | Additional Federal Tax | $9,125,330 | | State Tax(5%) | $3,525,000 | | Net Lumpsum Payment | $40,929,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,347,956 |
$829,074
$117,398 |
$1,401,484 |
| 2 |
$2,465,424 |
$872,537
$123,271 |
$1,469,616 |
| 3 |
$2,588,664 |
$918,136
$129,433 |
$1,541,095 |
| 4 |
$2,718,144 |
$966,044
$135,907 |
$1,616,193 |
| 5 |
$2,854,020 |
$1,016,318
$142,701 |
$1,695,001 |
| 6 |
$2,996,760 |
$1,069,132
$149,838 |
$1,777,790 |
| 7 |
$3,146,520 |
$1,124,543
$157,326 |
$1,864,651 |
| 8 |
$3,303,924 |
$1,182,782
$165,196 |
$1,955,946 |
| 9 |
$3,469,128 |
$1,243,908
$173,456 |
$2,051,764 |
| 10 |
$3,642,600 |
$1,308,092
$182,130 |
$2,152,378 |
| 11 |
$3,824,652 |
$1,375,452
$191,233 |
$2,257,967 |
| 12 |
$4,015,908 |
$1,446,216
$200,795 |
$2,368,897 |
| 13 |
$4,216,680 |
$1,520,502
$210,834 |
$2,485,344 |
| 14 |
$4,427,592 |
$1,598,539
$221,380 |
$2,607,673 |
| 15 |
$4,648,956 |
$1,680,444
$232,448 |
$2,736,064 |
| 16 |
$4,881,396 |
$1,766,447
$244,070 |
$2,870,879 |
| 17 |
$5,125,380 |
$1,856,721
$256,269 |
$3,012,390 |
| 18 |
$5,381,688 |
$1,951,555
$269,084 |
$3,161,049 |
| 19 |
$5,650,788 |
$2,051,122
$282,539 |
$3,317,127 |
| 20 |
$5,933,304 |
$2,155,653
$296,665 |
$3,480,986 |
| 21 |
$6,230,016 |
$2,265,436
$311,501 |
$3,653,079 |
| 22 |
$6,541,548 |
$2,380,703
$327,077 |
$3,833,768 |
| 23 |
$6,868,524 |
$2,501,684
$343,426 |
$4,023,414 |
| 24 |
$7,212,036 |
$2,628,784
$360,602 |
$4,222,650 |
| 25 |
$7,572,552 |
$2,762,175
$378,628 |
$4,431,749 |
| 26 |
$7,951,320 |
$2,902,319
$397,566 |
$4,651,435 |
| 27 |
$8,348,808 |
$3,049,389
$417,440 |
$4,881,979 |
| 28 |
$8,766,264 |
$3,203,848
$438,313 |
$5,124,103 |
| 29 |
$9,204,624 |
$3,366,041
$460,231 |
$5,378,352 |
| 30 |
$9,664,824 |
$3,536,315
$483,241 |
$5,645,268 |
|
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