The jackpot for the Powerball draw on Sat Dec 6, 2025, is projected to be $820 Million, with an option for a cash payout of $383.5 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 Sat Dec 6, 2025 |
|---|
| Draw Date | Sat Dec 6, 2025 | | Projected Jackpot | $820,000,000 | | Cash Value | $383,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $383,500,000 | | Federal Tax(24%) | $92,040,000 | | Additional Federal Tax | $49,815,330 | | State Tax(5%) | $19,175,000 | | Net Lumpsum Payment | $222,469,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,341,820 |
$4,526,804
$617,091 |
$7,197,925 |
| 2 |
$12,959,280 |
$4,755,264
$647,964 |
$7,556,052 |
| 3 |
$13,607,080 |
$4,994,950
$680,354 |
$7,931,776 |
| 4 |
$14,287,680 |
$5,246,772
$714,384 |
$8,326,524 |
| 5 |
$15,001,900 |
$5,511,033
$750,095 |
$8,740,772 |
| 6 |
$15,752,200 |
$5,788,644
$787,610 |
$9,175,946 |
| 7 |
$16,539,400 |
$6,079,908
$826,970 |
$9,632,522 |
| 8 |
$17,366,780 |
$6,386,039
$868,339 |
$10,112,402 |
| 9 |
$18,235,160 |
$6,707,340
$911,758 |
$10,616,062 |
| 10 |
$19,147,000 |
$7,044,720
$957,350 |
$11,144,930 |
| 11 |
$20,103,940 |
$7,398,788
$1,005,197 |
$11,699,955 |
| 12 |
$21,109,260 |
$7,770,757
$1,055,463 |
$12,283,040 |
| 13 |
$22,164,600 |
$8,161,232
$1,108,230 |
$12,895,138 |
| 14 |
$23,273,240 |
$8,571,429
$1,163,662 |
$13,538,149 |
| 15 |
$24,436,820 |
$9,001,954
$1,221,841 |
$14,213,025 |
| 16 |
$25,658,620 |
$9,454,020
$1,282,931 |
$14,921,669 |
| 17 |
$26,941,100 |
$9,928,537
$1,347,055 |
$15,665,508 |
| 18 |
$28,288,360 |
$10,427,024
$1,414,418 |
$16,446,918 |
| 19 |
$29,702,860 |
$10,950,389
$1,485,143 |
$17,267,328 |
| 20 |
$31,187,880 |
$11,499,846
$1,559,394 |
$18,128,640 |
| 21 |
$32,747,520 |
$12,076,913
$1,637,376 |
$19,033,231 |
| 22 |
$34,385,060 |
$12,682,803
$1,719,253 |
$19,983,004 |
| 23 |
$36,103,780 |
$13,318,729
$1,805,189 |
$20,979,862 |
| 24 |
$37,909,420 |
$13,986,816
$1,895,471 |
$22,027,133 |
| 25 |
$39,804,440 |
$14,687,973
$1,990,222 |
$23,126,245 |
| 26 |
$41,795,400 |
$15,424,628
$2,089,770 |
$24,281,002 |
| 27 |
$43,884,760 |
$16,197,692
$2,194,238 |
$25,492,830 |
| 28 |
$46,079,080 |
$17,009,590
$2,303,954 |
$26,765,536 |
| 29 |
$48,383,280 |
$17,862,144
$2,419,164 |
$28,101,972 |
| 30 |
$50,802,280 |
$18,757,174
$2,540,114 |
$29,504,992 |
|
|
