The jackpot for the Powerball draw on Mon Oct 27, 2025, is projected to be $358 Million, with an option for a cash payout of $170.7 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 Mon Oct 27, 2025 |
|---|
| Draw Date | Mon Oct 27, 2025 | | Projected Jackpot | $358,000,000 | | Cash Value | $170,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $170,700,000 | | Federal Tax(24%) | $40,968,000 | | Additional Federal Tax | $22,151,330 | | State Tax(5%) | $8,535,000 | | Net Lumpsum Payment | $99,045,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,388,258 |
$1,953,986
$269,413 |
$3,164,859 |
| 2 |
$5,657,832 |
$2,053,728
$282,892 |
$3,321,212 |
| 3 |
$5,940,652 |
$2,158,372
$297,033 |
$3,485,247 |
| 4 |
$6,237,792 |
$2,268,313
$311,890 |
$3,657,589 |
| 5 |
$6,549,610 |
$2,383,686
$327,481 |
$3,838,443 |
| 6 |
$6,877,180 |
$2,504,887
$343,859 |
$4,028,434 |
| 7 |
$7,220,860 |
$2,632,049
$361,043 |
$4,227,768 |
| 8 |
$7,582,082 |
$2,765,701
$379,104 |
$4,437,277 |
| 9 |
$7,961,204 |
$2,905,976
$398,060 |
$4,657,168 |
| 10 |
$8,359,300 |
$3,053,271
$417,965 |
$4,888,064 |
| 11 |
$8,777,086 |
$3,207,852
$438,854 |
$5,130,380 |
| 12 |
$9,215,994 |
$3,370,248
$460,800 |
$5,384,946 |
| 13 |
$9,676,740 |
$3,540,724
$483,837 |
$5,652,179 |
| 14 |
$10,160,756 |
$3,719,810
$508,038 |
$5,932,908 |
| 15 |
$10,668,758 |
$3,907,771
$533,438 |
$6,227,549 |
| 16 |
$11,202,178 |
$4,105,136
$560,109 |
$6,536,933 |
| 17 |
$11,762,090 |
$4,312,304
$588,105 |
$6,861,681 |
| 18 |
$12,350,284 |
$4,529,935
$617,514 |
$7,202,835 |
| 19 |
$12,967,834 |
$4,758,429
$648,392 |
$7,561,013 |
| 20 |
$13,616,172 |
$4,998,314
$680,809 |
$7,937,049 |
| 21 |
$14,297,088 |
$5,250,253
$714,854 |
$8,331,981 |
| 22 |
$15,012,014 |
$5,514,776
$750,601 |
$8,746,637 |
| 23 |
$15,762,382 |
$5,792,412
$788,119 |
$9,181,851 |
| 24 |
$16,550,698 |
$6,084,089
$827,535 |
$9,639,074 |
| 25 |
$17,378,036 |
$6,390,204
$868,902 |
$10,118,930 |
| 26 |
$18,247,260 |
$6,711,817
$912,363 |
$10,623,080 |
| 27 |
$19,159,444 |
$7,049,325
$957,972 |
$11,152,147 |
| 28 |
$20,117,452 |
$7,403,788
$1,005,873 |
$11,707,791 |
| 29 |
$21,123,432 |
$7,776,000
$1,056,172 |
$12,291,260 |
| 30 |
$22,179,532 |
$8,166,757
$1,108,977 |
$12,903,798 |
|
|
