2 By 2
Latest draw · Monday, May 18, 2026
2 By 2 Tax Calculator
See what you'd really take home from a 2 By 2 prize after federal and Nebraska state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $1,000,000
- Federal tax
- − $328,188
- State tax (Nebraska · 5.84%)
- − $58,400
- Net take-home
- $613,412
Estimate only — uses single-filer federal brackets and Nebraska's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
2 By 2 tax FAQ
How much tax do you pay on a 2 By 2 jackpot in Nebraska?
On a $1,000,000 2 By 2 jackpot taken as a lump sum, you'd pay about $328,188 in federal tax and $58,400 in Nebraska state tax, leaving roughly $613,412.
Does Nebraska tax 2 By 2 lottery winnings?
Yes — Nebraska withholds about 5.84% in state tax on 2 By 2 winnings, on top of federal tax.
Should I take the 2 By 2 lump sum or annuity?
The lump sum pays a smaller, discounted amount now with full control; the 30-year annuity pays the full advertised jackpot spread over time and can keep you in lower yearly tax brackets. The best choice depends on your goals and tax situation.