The jackpot for the Powerball draw on Wed Nov 12, 2025, is projected to be $512 Million, with an option for a cash payout of $239.1 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky Powerball Jackpot/Cash Option for Wed Nov 12, 2025 |
|---|
| Draw Date | Wed Nov 12, 2025 | | Projected Jackpot | $512,000,000 | | Cash Value | $239,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $239,100,000 | | Federal Tax(24%) | $57,384,000 | | Additional Federal Tax | $31,043,330 | | State Tax(4.5%) | $10,759,500 | | Net Lumpsum Payment | $139,913,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,706,112 |
$2,811,592
$346,775 |
$4,547,745 |
| 2 |
$8,091,648 |
$2,954,240
$364,124 |
$4,773,284 |
| 3 |
$8,496,128 |
$3,103,898
$382,326 |
$5,009,904 |
| 4 |
$8,921,088 |
$3,261,133
$401,449 |
$5,258,506 |
| 5 |
$9,367,040 |
$3,426,135
$421,517 |
$5,519,388 |
| 6 |
$9,835,520 |
$3,599,473
$442,598 |
$5,793,449 |
| 7 |
$10,327,040 |
$3,781,335
$464,717 |
$6,080,988 |
| 8 |
$10,843,648 |
$3,972,480
$487,964 |
$6,383,204 |
| 9 |
$11,385,856 |
$4,173,097
$512,364 |
$6,700,395 |
| 10 |
$11,955,200 |
$4,383,754
$537,984 |
$7,033,462 |
| 11 |
$12,552,704 |
$4,604,831
$564,872 |
$7,383,001 |
| 12 |
$13,180,416 |
$4,837,084
$593,119 |
$7,750,213 |
| 13 |
$13,839,360 |
$5,080,894
$622,771 |
$8,135,695 |
| 14 |
$14,531,584 |
$5,337,016
$653,921 |
$8,540,647 |
| 15 |
$15,258,112 |
$5,605,832
$686,615 |
$8,965,665 |
| 16 |
$16,020,992 |
$5,888,097
$720,945 |
$9,411,950 |
| 17 |
$16,821,760 |
$6,184,382
$756,979 |
$9,880,399 |
| 18 |
$17,662,976 |
$6,495,632
$794,834 |
$10,372,510 |
| 19 |
$18,546,176 |
$6,822,416
$834,578 |
$10,889,182 |
| 20 |
$19,473,408 |
$7,165,491
$876,303 |
$11,431,614 |
| 21 |
$20,447,232 |
$7,525,806
$920,125 |
$12,001,301 |
| 22 |
$21,469,696 |
$7,904,118
$966,136 |
$12,599,442 |
| 23 |
$22,542,848 |
$8,301,184
$1,014,428 |
$13,227,236 |
| 24 |
$23,670,272 |
$8,718,331
$1,065,162 |
$13,886,779 |
| 25 |
$24,853,504 |
$9,156,127
$1,118,408 |
$14,578,969 |
| 26 |
$26,096,640 |
$9,616,087
$1,174,349 |
$15,306,204 |
| 27 |
$27,401,216 |
$10,098,780
$1,233,055 |
$16,069,381 |
| 28 |
$28,771,328 |
$10,605,722
$1,294,710 |
$16,870,896 |
| 29 |
$30,210,048 |
$11,138,048
$1,359,452 |
$17,712,548 |
| 30 |
$31,720,448 |
$11,696,896
$1,427,420 |
$18,596,132 |
|
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