The jackpot for the Powerball draw on Mon Nov 3, 2025, is projected to be $419 Million, with an option for a cash payout of $198 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky Powerball Jackpot/Cash Option for Mon Nov 3, 2025 |
|---|
| Draw Date | Mon Nov 3, 2025 | | Projected Jackpot | $419,000,000 | | Cash Value | $198,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $198,000,000 | | Federal Tax(24%) | $47,520,000 | | Additional Federal Tax | $25,700,330 | | State Tax(4.5%) | $8,910,000 | | Net Lumpsum Payment | $115,869,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,306,369 |
$2,293,687
$283,787 |
$3,728,895 |
| 2 |
$6,621,876 |
$2,410,425
$297,984 |
$3,913,467 |
| 3 |
$6,952,886 |
$2,532,898
$312,880 |
$4,107,108 |
| 4 |
$7,300,656 |
$2,661,573
$328,530 |
$4,310,553 |
| 5 |
$7,665,605 |
$2,796,604
$344,952 |
$4,524,049 |
| 6 |
$8,048,990 |
$2,938,457
$362,205 |
$4,748,328 |
| 7 |
$8,451,230 |
$3,087,285
$380,305 |
$4,983,640 |
| 8 |
$8,874,001 |
$3,243,711
$399,330 |
$5,230,960 |
| 9 |
$9,317,722 |
$3,407,888
$419,297 |
$5,490,537 |
| 10 |
$9,783,650 |
$3,580,281
$440,264 |
$5,763,105 |
| 11 |
$10,272,623 |
$3,761,201
$462,268 |
$6,049,154 |
| 12 |
$10,786,317 |
$3,951,268
$485,384 |
$6,349,665 |
| 13 |
$11,325,570 |
$4,150,791
$509,651 |
$6,665,128 |
| 14 |
$11,892,058 |
$4,360,392
$535,143 |
$6,996,523 |
| 15 |
$12,486,619 |
$4,580,379
$561,898 |
$7,344,342 |
| 16 |
$13,110,929 |
$4,811,374
$589,992 |
$7,709,563 |
| 17 |
$13,766,245 |
$5,053,841
$619,481 |
$8,092,923 |
| 18 |
$14,454,662 |
$5,308,555
$650,460 |
$8,495,647 |
| 19 |
$15,177,437 |
$5,575,982
$682,985 |
$8,918,470 |
| 20 |
$15,936,246 |
$5,856,741
$717,131 |
$9,362,374 |
| 21 |
$16,733,184 |
$6,151,608
$752,993 |
$9,828,583 |
| 22 |
$17,569,927 |
$6,461,203
$790,647 |
$10,318,077 |
| 23 |
$18,448,151 |
$6,786,146
$830,167 |
$10,831,838 |
| 24 |
$19,370,789 |
$7,127,522
$871,686 |
$11,371,581 |
| 25 |
$20,339,098 |
$7,485,797
$915,259 |
$11,938,042 |
| 26 |
$21,356,430 |
$7,862,209
$961,039 |
$12,533,182 |
| 27 |
$22,424,042 |
$8,257,226
$1,009,082 |
$13,157,734 |
| 28 |
$23,545,286 |
$8,672,086
$1,059,538 |
$13,813,662 |
| 29 |
$24,722,676 |
$9,107,721
$1,112,520 |
$14,502,435 |
| 30 |
$25,958,726 |
$9,565,059
$1,168,143 |
$15,225,524 |
|
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