The jackpot for the Powerball draw on Sat Nov 1, 2025, is projected to be $400 Million, with an option for a cash payout of $190.7 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 Massachusetts residents, the state will deduct 5% from your lottery earnings.
| Massachusetts Powerball Jackpot/Cash Option for Sat Nov 1, 2025 |
|---|
| Draw Date | Sat Nov 1, 2025 | | Projected Jackpot | $400,000,000 | | Cash Value | $190,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $190,700,000 | | Federal Tax(24%) | $45,768,000 | | Additional Federal Tax | $24,751,330 | | State Tax(5%) | $9,535,000 | | Net Lumpsum Payment | $110,645,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,020,400 |
$2,187,878
$301,020 |
$3,531,502 |
| 2 |
$6,321,600 |
$2,299,322
$316,080 |
$3,706,198 |
| 3 |
$6,637,600 |
$2,416,242
$331,880 |
$3,889,478 |
| 4 |
$6,969,600 |
$2,539,082
$348,480 |
$4,082,038 |
| 5 |
$7,318,000 |
$2,667,990
$365,900 |
$4,284,110 |
| 6 |
$7,684,000 |
$2,803,410
$384,200 |
$4,496,390 |
| 7 |
$8,068,000 |
$2,945,490
$403,400 |
$4,719,110 |
| 8 |
$8,471,600 |
$3,094,822
$423,580 |
$4,953,198 |
| 9 |
$8,895,200 |
$3,251,554
$444,760 |
$5,198,886 |
| 10 |
$9,340,000 |
$3,416,130
$467,000 |
$5,456,870 |
| 11 |
$9,806,800 |
$3,588,846
$490,340 |
$5,727,614 |
| 12 |
$10,297,200 |
$3,770,294
$514,860 |
$6,012,046 |
| 13 |
$10,812,000 |
$3,960,770
$540,600 |
$6,310,630 |
| 14 |
$11,352,800 |
$4,160,866
$567,640 |
$6,624,294 |
| 15 |
$11,920,400 |
$4,370,878
$596,020 |
$6,953,502 |
| 16 |
$12,516,400 |
$4,591,398
$625,820 |
$7,299,182 |
| 17 |
$13,142,000 |
$4,822,870
$657,100 |
$7,662,030 |
| 18 |
$13,799,200 |
$5,066,034
$689,960 |
$8,043,206 |
| 19 |
$14,489,200 |
$5,321,334
$724,460 |
$8,443,406 |
| 20 |
$15,213,600 |
$5,589,362
$760,680 |
$8,863,558 |
| 21 |
$15,974,400 |
$5,870,858
$798,720 |
$9,304,822 |
| 22 |
$16,773,200 |
$6,166,414
$838,660 |
$9,768,126 |
| 23 |
$17,611,600 |
$6,476,622
$880,580 |
$10,254,398 |
| 24 |
$18,492,400 |
$6,802,518
$924,620 |
$10,765,262 |
| 25 |
$19,416,800 |
$7,144,546
$970,840 |
$11,301,414 |
| 26 |
$20,388,000 |
$7,503,890
$1,019,400 |
$11,864,710 |
| 27 |
$21,407,200 |
$7,880,994
$1,070,360 |
$12,455,846 |
| 28 |
$22,477,600 |
$8,277,042
$1,123,880 |
$13,076,678 |
| 29 |
$23,601,600 |
$8,692,922
$1,180,080 |
$13,728,598 |
| 30 |
$24,781,600 |
$9,129,522
$1,239,080 |
$14,412,998 |
|
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