Nebraska (NE) Lottery
Tax & Payout Calculator
Nebraska taxes lottery winnings at up to 4.55%, and federal income tax applies too. 24% federal and 3.5% state tax are withheld from prizes over $5,000. Taken as cash, the next $538 million Powerball jackpot leaves a Nebraska winner about $129 million.
Does Nebraska Tax Lottery Winnings?
Yes, up to 4.55%. Federal tax applies too: 24% federal and 3.5% state tax are withheld from prizes over $5,000.
Nebraska Powerball & Mega Millions Jackpots After Taxes
What each jackpot leaves after federal and Nebraska tax, as one cash payment or paid yearly.
- Jackpot
- $538M
- Cash value
- $220.6M
- Federal + state tax
- $91.6M
- You keep
- About $129M

Powerball
- Jackpot
- $385M
- Cash value
- $154.8M
- Federal + state tax
- $64.3M
- You keep
- About $90.5M

Mega Millions
- Jackpot
- $2.2M
- Cash value
- $880K
- Federal + state tax
- $315.6K
- You keep
- About $564.4K

Lotto America
- Jackpot
- $1.5M
- Cash value
- $1.5M
- Federal + state tax
- $573.3K
- You keep
- About $926.7K

Powerball Xs & Os
- Jackpot
- $50K
- Cash value
- $50K
- Federal + state tax
- $13.8KWithheld
- You keep
- $36.3KAfter withholding

Pick 5
- Jackpot
- $538M
- Paid yearly
- $8.1M to $33.3M a year30 payments, each 5% larger
- Federal + state tax
- $222MOver 30 years
- You keep
- About $316MOver 30 years

Powerball
- Jackpot
- $385M
- Paid yearly
- $5.8M to $23.9M a year30 payments, each 5% larger
- Federal + state tax
- $158.5MOver 30 years
- You keep
- About $226.5MOver 30 years

Mega Millions
- Jackpot
- $2.2M
- Paid yearly
- $32.4K to $133.2K a year30 payments, each 5% larger
- Federal + state tax
- $591.2KWithheld
- You keep
- $1.6MAfter withholding

Lotto America
Federal tax at the 2026 rates for a single filer with no other income and Nebraska's 4.55% tax.
Each payment is taxed in the year it's paid, at the 2026 rates and Nebraska's 4.55% tax. Payments under $640,600 a year show what's withheld; the rest of their tax depends on the winner's other income.
For $50K to $100K+ jackpots on the best Nebraska scratch-offs. ScratchOdds ranks all 25 by today's odds.
For $50K to $100K+ jackpots on the best Nebraska scratch-offs.

For $50K to $100K+ jackpots on the best Nebraska scratch-offs. ScratchOdds ranks all 25 by today's odds.
For $50K to $100K+ jackpots on the best Nebraska scratch-offs.

Nebraska Lottery Tax Calculator
Type your prize to see what's withheld when it's paid and what you're handed.
| Prize | Withheld at claim | Paid to you |
|---|---|---|
| $1,000 | Nothing | $1,000 |
| $5,000 | Nothing | $5,000 |
| $10,000 | $2,750 | $7,250 |
| $50,000 | $13,750 | $36,250 |
| $100,000 | $27,500 | $72,500 |
| $1,000,000 | $275,000 | $725,000 |
Every prize is taxable income. From $2,000 the lottery reports it to the IRS, and your final federal tax depends on your income, from 10% to 37%.
Good to Know
Nebraska tax on winnings
Up to 4.55%
Withheld when you're paid
24% federal + 3.5% state over $5,000
Top federal rate
37% over $640,600
Reported to the IRS
Prizes of $2,000 or more
Cash or annuity
Choose within 60 days of claiming the prize
Graduated state tax
Nonresidents
Reviewed by Bishop Woosley, former Director of the Arkansas Scholarship Lottery and NASPL President.

You can't change the lottery's odds.
You can pick better scratch-offs.
The best Nebraska scratch-offs right now have up to x10.6 better jackpot odds for $50K to $100K+ jackpots.
Every Nebraska scratch-off ranked by today's odds
The best tickets for your budget and the prize you want
A free app, built on official Nebraska Lottery data

More Nebraska Lottery Help
What each game pays, the best scratch-offs, and taxes in other states.
What each game pays
Nebraska Scratch-Offs
Frequently Asked Questions
Answers about the Nebraska Lottery
Does Nebraska tax lottery winnings?
What is the Nebraska lottery tax rate?
How much tax do you pay on a $1,000 lottery ticket in Nebraska?
How much tax do you pay on a $10,000 lottery ticket in Nebraska?
How much tax do you pay on $1 million in lottery winnings in Nebraska?
How much are lottery winnings taxed?
Do you get a W-2G for lottery winnings?
How much is the Powerball jackpot after taxes in Nebraska?
How much is the Mega Millions jackpot after taxes in Nebraska?
How much is the Lotto America jackpot after taxes in Nebraska?
How much is the Powerball Xs & Os jackpot after taxes in Nebraska?
What is the difference between the cash option and the annuity?
Are scratch-off winnings taxed in Nebraska?
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