The 1950 Nebraska gubernatorial election was held on November 7, 1950, and featured incumbent Governor Val Peterson, a Republican, defeating Democratic nominee, former state Senator Walter R. Raecke, to win a third and final two-year term in office.
Democratic primary
Candidates
Terry Carpenter, former U.S. Representative
Henry L. Fillman, farmer and insurance businessman
Frank B. Morrison, attorney and former school superintendent
Walter R. Raecke, former Speaker of the Nebraska Legislature
Harry R. Swanson, former Secretary of State
Results
Republican primary
Candidates
Ernest A. Adams, Douglas County Treasurer
Val Peterson, incumbent Governor
Arthur B. Walker, physician and candidate in the Republican primaries for governor in 1948, governor in 1946, and lieutenant governor in 1938