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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho 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(5.8%) | $12,800,600 | | Net Lumpsum Payment | $126,280,070 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,028,817 |
$2,560,993
$407,671 |
$4,060,153 |
| 2 |
$7,380,468 |
$2,691,104
$428,067 |
$4,261,297 |
| 3 |
$7,749,398 |
$2,827,608
$449,465 |
$4,472,325 |
| 4 |
$8,137,008 |
$2,971,023
$471,946 |
$4,694,039 |
| 5 |
$8,543,765 |
$3,121,523
$495,538 |
$4,926,704 |
| 6 |
$8,971,070 |
$3,279,626
$520,322 |
$5,171,122 |
| 7 |
$9,419,390 |
$3,445,505
$546,325 |
$5,427,560 |
| 8 |
$9,890,593 |
$3,619,850
$573,654 |
$5,697,089 |
| 9 |
$10,385,146 |
$3,802,834
$602,338 |
$5,979,974 |
| 10 |
$10,904,450 |
$3,994,977
$632,458 |
$6,277,015 |
| 11 |
$11,449,439 |
$4,196,623
$664,067 |
$6,588,749 |
| 12 |
$12,021,981 |
$4,408,463
$697,275 |
$6,916,243 |
| 13 |
$12,623,010 |
$4,630,844
$732,135 |
$7,260,031 |
| 14 |
$13,254,394 |
$4,864,456
$768,755 |
$7,621,183 |
| 15 |
$13,917,067 |
$5,109,645
$807,190 |
$8,000,232 |
| 16 |
$14,612,897 |
$5,367,102
$847,548 |
$8,398,247 |
| 17 |
$15,343,285 |
$5,637,346
$889,911 |
$8,816,028 |
| 18 |
$16,110,566 |
$5,921,240
$934,413 |
$9,254,913 |
| 19 |
$16,916,141 |
$6,219,303
$981,136 |
$9,715,702 |
| 20 |
$17,761,878 |
$6,532,225
$1,030,189 |
$10,199,464 |
| 21 |
$18,650,112 |
$6,860,872
$1,081,706 |
$10,707,534 |
| 22 |
$19,582,711 |
$7,205,933
$1,135,797 |
$11,240,981 |
| 23 |
$20,561,543 |
$7,568,101
$1,192,569 |
$11,800,873 |
| 24 |
$21,589,877 |
$7,948,585
$1,252,213 |
$12,389,079 |
| 25 |
$22,669,114 |
$8,347,903
$1,314,809 |
$13,006,402 |
| 26 |
$23,802,990 |
$8,767,437
$1,380,573 |
$13,654,980 |
| 27 |
$24,992,906 |
$9,207,706
$1,449,589 |
$14,335,611 |
| 28 |
$26,242,598 |
$9,670,092
$1,522,071 |
$15,050,435 |
| 29 |
$27,554,868 |
$10,155,632
$1,598,182 |
$15,801,054 |
| 30 |
$28,932,518 |
$10,665,362
$1,678,086 |
$16,589,070 |
|
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