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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania 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(3.07%) | $6,775,490 | | Net Lumpsum Payment | $132,305,180 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,028,817 |
$2,560,993 $215,785 |
$4,252,039 |
| 2 |
$7,380,468 |
$2,691,104 $226,580 |
$4,462,784 |
| 3 |
$7,749,398 |
$2,827,608 $237,907 |
$4,683,883 |
| 4 |
$8,137,008 |
$2,971,023 $249,806 |
$4,916,179 |
| 5 |
$8,543,765 |
$3,121,523 $262,294 |
$5,159,948 |
| 6 |
$8,971,070 |
$3,279,626 $275,412 |
$5,416,032 |
| 7 |
$9,419,390 |
$3,445,505 $289,175 |
$5,684,710 |
| 8 |
$9,890,593 |
$3,619,850 $303,641 |
$5,967,102 |
| 9 |
$10,385,146 |
$3,802,834 $318,824 |
$6,263,488 |
| 10 |
$10,904,450 |
$3,994,977 $334,767 |
$6,574,706 |
| 11 |
$11,449,439 |
$4,196,623 $351,498 |
$6,901,318 |
| 12 |
$12,021,981 |
$4,408,463 $369,075 |
$7,244,443 |
| 13 |
$12,623,010 |
$4,630,844 $387,526 |
$7,604,640 |
| 14 |
$13,254,394 |
$4,864,456 $406,910 |
$7,983,028 |
| 15 |
$13,917,067 |
$5,109,645 $427,254 |
$8,380,168 |
| 16 |
$14,612,897 |
$5,367,102 $448,616 |
$8,797,179 |
| 17 |
$15,343,285 |
$5,637,346 $471,039 |
$9,234,900 |
| 18 |
$16,110,566 |
$5,921,240 $494,594 |
$9,694,732 |
| 19 |
$16,916,141 |
$6,219,303 $519,326 |
$10,177,512 |
| 20 |
$17,761,878 |
$6,532,225 $545,290 |
$10,684,363 |
| 21 |
$18,650,112 |
$6,860,872 $572,558 |
$11,216,682 |
| 22 |
$19,582,711 |
$7,205,933 $601,189 |
$11,775,589 |
| 23 |
$20,561,543 |
$7,568,101 $631,239 |
$12,362,203 |
| 24 |
$21,589,877 |
$7,948,585 $662,809 |
$12,978,483 |
| 25 |
$22,669,114 |
$8,347,903 $695,942 |
$13,625,269 |
| 26 |
$23,802,990 |
$8,767,437 $730,752 |
$14,304,801 |
| 27 |
$24,992,906 |
$9,207,706 $767,282 |
$15,017,918 |
| 28 |
$26,242,598 |
$9,670,092 $805,648 |
$15,766,858 |
| 29 |
$27,554,868 |
$10,155,632 $845,934 |
$16,553,302 |
| 30 |
$28,932,518 |
$10,665,362 $888,228 |
$17,378,928 |
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