Experimental realization of various quantum states of interest has become possible in the recent past due to the rapid developments in the field of quantum state engineering. Nonclassical properties of such states have led to various exciting applications, specifically in the area of quantum information processing. The present article aims to study lower-and higher-order nonclassical features of such an engineered quantum state (a generalized binomial state based on Abel's formula). Present study has revealed that the state studied here is highly nonclassical. Specifically, higher-order nonclassical properties of this state are reported using a set of witnesses, like higher-order antibunching, higher-order sub-Poissonian photon statistics, higher-order squeezing (both Hong Mandel type and Hillery type). A set of other witnesses for lower-and higher-order nonclassicality (e.g., Vogel's criterion and Agarwal's A parameter) have also been explored. Further, an analytic expression for the Wigner function of the generalized binomial state is reported and the same is used to witness nonclassicality and to quantify the amount of nonclassicality present in the system by computing the nonclassical volume (volume of the negative part of the Wigner function). Optical tomogram of the generalized binomial state is also computed for various conditions as Wigner function cannot be measured directly in an experiment in general, but the same can be obtained from the optical tomogram with the help of Radon transform. arXiv:1811.10557v1 [quant-ph] 26 Nov 2018 state (BS) [36] and can be defined aswhere B M n (p) is the probability amplitude of the binomial state which corresponds to the occurrence of n photons with equal probability p obtained in M independent ways [36]. Mathematically, the binomial state is equivalent to a molecular system having same photon emitting probability p from the different energy levels of the excited states of the molecule which undergoes the M level vibrational relaxation [37]. Binomial state being an intermediate state, reduces to various existing states at different limits. For example, it reduces to a (a) vacuum state |0 (if p→0,It is interesting to note that coherent states are closest to classical states and the number states are the most nonclassical states. Thus, fundamentally different states of electromagnetic field can be obtained as limiting cases of BS. Naturally, properties of BS has been studied since long [38].The interest on the BS is not restricted to the state of the form Eq.(1), it has been extended to various variants of BS, too. Specifically, in Refs. [39,40] negative binomial state was proposed, and subsequently its properties were studied in Refs. [10]. Similarly, reciprocal binomial state was introduced in Ref. [12] and studied in [9,10]. Further, a couple of generalized binomial states (GBS) 1 have been proposed [37] and their nonclassical properties have also been investigated [9,10]. More interestingly, possible applications of GBS have been explored in the field of quantum co...