The jackpot for the Powerball draw on Mon Nov 17, 2025, is projected to be $570 Million, with an option for a cash payout of $266.9 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 Indiana residents, the state will deduct 3.15% from your lottery earnings.
| Indiana Powerball Jackpot/Cash Option for Mon Nov 17, 2025 |
|---|
| Draw Date | Mon Nov 17, 2025 | | Projected Jackpot | $570,000,000 | | Cash Value | $266,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $266,900,000 | | Federal Tax(24%) | $64,056,000 | | Additional Federal Tax | $34,657,330 | | State Tax(3.15%) | $8,407,350 | | Net Lumpsum Payment | $159,779,320 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,579,070 |
$3,134,586
$270,241 |
$5,174,243 |
| 2 |
$9,008,280 |
$3,293,394
$283,761 |
$5,431,125 |
| 3 |
$9,458,580 |
$3,460,005
$297,945 |
$5,700,630 |
| 4 |
$9,931,680 |
$3,635,052
$312,848 |
$5,983,780 |
| 5 |
$10,428,150 |
$3,818,746
$328,487 |
$6,280,917 |
| 6 |
$10,949,700 |
$4,011,719
$344,916 |
$6,593,065 |
| 7 |
$11,496,900 |
$4,214,183
$362,152 |
$6,920,565 |
| 8 |
$12,072,030 |
$4,426,981
$380,269 |
$7,264,780 |
| 9 |
$12,675,660 |
$4,650,325
$399,283 |
$7,626,052 |
| 10 |
$13,309,500 |
$4,884,845
$419,249 |
$8,005,406 |
| 11 |
$13,974,690 |
$5,130,966
$440,203 |
$8,403,521 |
| 12 |
$14,673,510 |
$5,389,529
$462,216 |
$8,821,765 |
| 13 |
$15,407,100 |
$5,660,957
$485,324 |
$9,260,819 |
| 14 |
$16,177,740 |
$5,946,094
$509,599 |
$9,722,047 |
| 15 |
$16,986,570 |
$6,245,361
$535,077 |
$10,206,132 |
| 16 |
$17,835,870 |
$6,559,602
$561,830 |
$10,714,438 |
| 17 |
$18,727,350 |
$6,889,450
$589,912 |
$11,247,988 |
| 18 |
$19,663,860 |
$7,235,959
$619,412 |
$11,808,489 |
| 19 |
$20,647,110 |
$7,599,761
$650,384 |
$12,396,965 |
| 20 |
$21,679,380 |
$7,981,701
$682,900 |
$13,014,779 |
| 21 |
$22,763,520 |
$8,382,833
$717,051 |
$13,663,636 |
| 22 |
$23,901,810 |
$8,804,000
$752,907 |
$14,344,903 |
| 23 |
$25,096,530 |
$9,246,046
$790,541 |
$15,059,943 |
| 24 |
$26,351,670 |
$9,710,448
$830,078 |
$15,811,144 |
| 25 |
$27,668,940 |
$10,197,838
$871,572 |
$16,599,530 |
| 26 |
$29,052,900 |
$10,709,903
$915,166 |
$17,427,831 |
| 27 |
$30,505,260 |
$11,247,277
$960,916 |
$18,297,067 |
| 28 |
$32,030,580 |
$11,811,645
$1,008,963 |
$19,209,972 |
| 29 |
$33,632,280 |
$12,404,274
$1,059,417 |
$20,168,589 |
| 30 |
$35,313,780 |
$13,026,429
$1,112,384 |
$21,174,967 |
|
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