The jackpot for the Powerball draw on Mon May 25, 2026, is projected to be $141 Million, with an option for a cash payout of $62 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania Powerball Jackpot/Cash Option for Mon May 25, 2026 |
|---|
| Draw Date | Mon May 25, 2026 | | Projected Jackpot | $141,000,000 | | Cash Value | $62,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $62,000,000 | | Federal Tax(24%) | $14,880,000 | | Additional Federal Tax | $8,020,330 | | State Tax(3.07%) | $1,903,400 | | Net Lumpsum Payment | $37,196,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,122,191 |
$745,541
$65,151 |
$1,311,499 |
| 2 |
$2,228,364 |
$784,825
$68,411 |
$1,375,128 |
| 3 |
$2,339,754 |
$826,039
$71,830 |
$1,441,885 |
| 4 |
$2,456,784 |
$869,340
$75,423 |
$1,512,021 |
| 5 |
$2,579,595 |
$914,781
$79,194 |
$1,585,620 |
| 6 |
$2,708,610 |
$962,516
$83,154 |
$1,662,940 |
| 7 |
$2,843,970 |
$1,012,599
$87,310 |
$1,744,061 |
| 8 |
$2,986,239 |
$1,065,239
$91,678 |
$1,829,322 |
| 9 |
$3,135,558 |
$1,120,487
$96,262 |
$1,918,809 |
| 10 |
$3,292,350 |
$1,178,500
$101,075 |
$2,012,775 |
| 11 |
$3,456,897 |
$1,239,382
$106,127 |
$2,111,388 |
| 12 |
$3,629,763 |
$1,303,343
$111,434 |
$2,214,986 |
| 13 |
$3,811,230 |
$1,370,485
$117,005 |
$2,323,740 |
| 14 |
$4,001,862 |
$1,441,019
$122,857 |
$2,437,986 |
| 15 |
$4,201,941 |
$1,515,049
$129,000 |
$2,557,892 |
| 16 |
$4,412,031 |
$1,592,782
$135,449 |
$2,683,800 |
| 17 |
$4,632,555 |
$1,674,376
$142,219 |
$2,815,960 |
| 18 |
$4,864,218 |
$1,760,091
$149,331 |
$2,954,796 |
| 19 |
$5,107,443 |
$1,850,084
$156,799 |
$3,100,560 |
| 20 |
$5,362,794 |
$1,944,564
$164,638 |
$3,253,592 |
| 21 |
$5,630,976 |
$2,043,792
$172,871 |
$3,414,313 |
| 22 |
$5,912,553 |
$2,147,975
$181,515 |
$3,583,063 |
| 23 |
$6,208,089 |
$2,257,323
$190,588 |
$3,760,178 |
| 24 |
$6,518,571 |
$2,372,202
$200,120 |
$3,946,249 |
| 25 |
$6,844,422 |
$2,492,767
$210,124 |
$4,141,531 |
| 26 |
$7,186,770 |
$2,619,435
$220,634 |
$4,346,701 |
| 27 |
$7,546,038 |
$2,752,364
$231,663 |
$4,562,011 |
| 28 |
$7,923,354 |
$2,891,971
$243,247 |
$4,788,136 |
| 29 |
$8,319,564 |
$3,038,569
$255,411 |
$5,025,584 |
| 30 |
$8,735,514 |
$3,192,471
$268,180 |
$5,274,863 |
|
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