The jackpot for the Powerball draw on Sat Nov 15, 2025, is projected to be $546 Million, with an option for a cash payout of $255 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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana Powerball Jackpot/Cash Option for Sat Nov 15, 2025 |
|---|
| Draw Date | Sat Nov 15, 2025 | | Projected Jackpot | $546,000,000 | | Cash Value | $255,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $255,000,000 | | Federal Tax(24%) | $61,200,000 | | Additional Federal Tax | $33,110,330 | | State Tax(6.75%) | $17,212,500 | | Net Lumpsum Payment | $143,477,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,217,846 |
$3,000,933
$554,705 |
$4,662,208 |
| 2 |
$8,628,984 |
$3,153,054
$582,456 |
$4,893,474 |
| 3 |
$9,060,324 |
$3,312,650
$611,572 |
$5,136,102 |
| 4 |
$9,513,504 |
$3,480,327
$642,162 |
$5,391,015 |
| 5 |
$9,989,070 |
$3,656,286
$674,262 |
$5,658,522 |
| 6 |
$10,488,660 |
$3,841,135
$707,985 |
$5,939,540 |
| 7 |
$11,012,820 |
$4,035,074
$743,365 |
$6,234,381 |
| 8 |
$11,563,734 |
$4,238,912
$780,552 |
$6,544,270 |
| 9 |
$12,141,948 |
$4,452,851
$819,581 |
$6,869,516 |
| 10 |
$12,749,100 |
$4,677,497
$860,564 |
$7,211,039 |
| 11 |
$13,386,282 |
$4,913,255
$903,574 |
$7,569,453 |
| 12 |
$14,055,678 |
$5,160,931
$948,758 |
$7,945,989 |
| 13 |
$14,758,380 |
$5,420,931
$996,191 |
$8,341,258 |
| 14 |
$15,496,572 |
$5,694,062
$1,046,019 |
$8,756,491 |
| 15 |
$16,271,346 |
$5,980,728
$1,098,316 |
$9,192,302 |
| 16 |
$17,084,886 |
$6,281,738
$1,153,230 |
$9,649,918 |
| 17 |
$17,938,830 |
$6,597,697
$1,210,871 |
$10,130,262 |
| 18 |
$18,835,908 |
$6,929,616
$1,271,424 |
$10,634,868 |
| 19 |
$19,777,758 |
$7,278,101
$1,334,999 |
$11,164,658 |
| 20 |
$20,766,564 |
$7,643,959
$1,401,743 |
$11,720,862 |
| 21 |
$21,805,056 |
$8,028,201
$1,471,841 |
$12,305,014 |
| 22 |
$22,895,418 |
$8,431,635
$1,545,441 |
$12,918,342 |
| 23 |
$24,039,834 |
$8,855,069
$1,622,689 |
$13,562,076 |
| 24 |
$25,242,126 |
$9,299,917
$1,703,844 |
$14,238,365 |
| 25 |
$26,503,932 |
$9,766,785
$1,789,015 |
$14,948,132 |
| 26 |
$27,829,620 |
$10,257,290
$1,878,499 |
$15,693,831 |
| 27 |
$29,220,828 |
$10,772,037
$1,972,406 |
$16,476,385 |
| 28 |
$30,681,924 |
$11,312,642
$2,071,030 |
$17,298,252 |
| 29 |
$32,216,184 |
$11,880,318
$2,174,592 |
$18,161,274 |
| 30 |
$33,826,884 |
$12,476,277
$2,283,315 |
$19,067,292 |
|
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