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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina 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(6.9%) | $17,595,000 | | Net Lumpsum Payment | $143,094,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,217,846 |
$3,000,933
$567,031 |
$4,649,882 |
| 2 |
$8,628,984 |
$3,153,054
$595,400 |
$4,880,530 |
| 3 |
$9,060,324 |
$3,312,650
$625,162 |
$5,122,512 |
| 4 |
$9,513,504 |
$3,480,327
$656,432 |
$5,376,745 |
| 5 |
$9,989,070 |
$3,656,286
$689,246 |
$5,643,538 |
| 6 |
$10,488,660 |
$3,841,135
$723,718 |
$5,923,807 |
| 7 |
$11,012,820 |
$4,035,074
$759,885 |
$6,217,861 |
| 8 |
$11,563,734 |
$4,238,912
$797,898 |
$6,526,924 |
| 9 |
$12,141,948 |
$4,452,851
$837,794 |
$6,851,303 |
| 10 |
$12,749,100 |
$4,677,497
$879,688 |
$7,191,915 |
| 11 |
$13,386,282 |
$4,913,255
$923,653 |
$7,549,374 |
| 12 |
$14,055,678 |
$5,160,931
$969,842 |
$7,924,905 |
| 13 |
$14,758,380 |
$5,420,931
$1,018,328 |
$8,319,121 |
| 14 |
$15,496,572 |
$5,694,062
$1,069,263 |
$8,733,247 |
| 15 |
$16,271,346 |
$5,980,728
$1,122,723 |
$9,167,895 |
| 16 |
$17,084,886 |
$6,281,738
$1,178,857 |
$9,624,291 |
| 17 |
$17,938,830 |
$6,597,697
$1,237,779 |
$10,103,354 |
| 18 |
$18,835,908 |
$6,929,616
$1,299,678 |
$10,606,614 |
| 19 |
$19,777,758 |
$7,278,101
$1,364,665 |
$11,134,992 |
| 20 |
$20,766,564 |
$7,643,959
$1,432,893 |
$11,689,712 |
| 21 |
$21,805,056 |
$8,028,201
$1,504,549 |
$12,272,306 |
| 22 |
$22,895,418 |
$8,431,635
$1,579,784 |
$12,883,999 |
| 23 |
$24,039,834 |
$8,855,069
$1,658,749 |
$13,526,016 |
| 24 |
$25,242,126 |
$9,299,917
$1,741,707 |
$14,200,502 |
| 25 |
$26,503,932 |
$9,766,785
$1,828,771 |
$14,908,376 |
| 26 |
$27,829,620 |
$10,257,290
$1,920,244 |
$15,652,086 |
| 27 |
$29,220,828 |
$10,772,037
$2,016,237 |
$16,432,554 |
| 28 |
$30,681,924 |
$11,312,642
$2,117,053 |
$17,252,229 |
| 29 |
$32,216,184 |
$11,880,318
$2,222,917 |
$18,112,949 |
| 30 |
$33,826,884 |
$12,476,277
$2,334,055 |
$19,016,552 |
|
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