The jackpot for the Powerball draw on Sat Nov 8, 2025, is projected to be $467 Million, with an option for a cash payout of $220.7 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 those living in Delaware, the bright side is you won't have to pay any state taxes on your lottery prize.
| Delaware Powerball Jackpot/Cash Option for Sat Nov 8, 2025 |
|---|
| Draw Date | Sat Nov 8, 2025 | | Projected Jackpot | $467,000,000 | | Cash Value | $220,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $220,700,000 | | Federal Tax(24%) | $52,968,000 | | Additional Federal Tax | $28,651,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $139,080,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,028,817 |
$2,560,993
$0 |
$4,467,824 |
| 2 |
$7,380,468 |
$2,691,104
$0 |
$4,689,364 |
| 3 |
$7,749,398 |
$2,827,608
$0 |
$4,921,790 |
| 4 |
$8,137,008 |
$2,971,023
$0 |
$5,165,985 |
| 5 |
$8,543,765 |
$3,121,523
$0 |
$5,422,242 |
| 6 |
$8,971,070 |
$3,279,626
$0 |
$5,691,444 |
| 7 |
$9,419,390 |
$3,445,505
$0 |
$5,973,885 |
| 8 |
$9,890,593 |
$3,619,850
$0 |
$6,270,743 |
| 9 |
$10,385,146 |
$3,802,834
$0 |
$6,582,312 |
| 10 |
$10,904,450 |
$3,994,977
$0 |
$6,909,473 |
| 11 |
$11,449,439 |
$4,196,623
$0 |
$7,252,816 |
| 12 |
$12,021,981 |
$4,408,463
$0 |
$7,613,518 |
| 13 |
$12,623,010 |
$4,630,844
$0 |
$7,992,166 |
| 14 |
$13,254,394 |
$4,864,456
$0 |
$8,389,938 |
| 15 |
$13,917,067 |
$5,109,645
$0 |
$8,807,422 |
| 16 |
$14,612,897 |
$5,367,102
$0 |
$9,245,795 |
| 17 |
$15,343,285 |
$5,637,346
$0 |
$9,705,939 |
| 18 |
$16,110,566 |
$5,921,240
$0 |
$10,189,326 |
| 19 |
$16,916,141 |
$6,219,303
$0 |
$10,696,838 |
| 20 |
$17,761,878 |
$6,532,225
$0 |
$11,229,653 |
| 21 |
$18,650,112 |
$6,860,872
$0 |
$11,789,240 |
| 22 |
$19,582,711 |
$7,205,933
$0 |
$12,376,778 |
| 23 |
$20,561,543 |
$7,568,101
$0 |
$12,993,442 |
| 24 |
$21,589,877 |
$7,948,585
$0 |
$13,641,292 |
| 25 |
$22,669,114 |
$8,347,903
$0 |
$14,321,211 |
| 26 |
$23,802,990 |
$8,767,437
$0 |
$15,035,553 |
| 27 |
$24,992,906 |
$9,207,706
$0 |
$15,785,200 |
| 28 |
$26,242,598 |
$9,670,092
$0 |
$16,572,506 |
| 29 |
$27,554,868 |
$10,155,632
$0 |
$17,399,236 |
| 30 |
$28,932,518 |
$10,665,362
$0 |
$18,267,156 |
|
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