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 Maine residents, the state will deduct 5% from your lottery earnings.
| Maine 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(5%) | $11,955,000 | | Net Lumpsum Payment | $138,717,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,706,112 |
$2,811,592
$385,306 |
$4,509,214 |
| 2 |
$8,091,648 |
$2,954,240
$404,582 |
$4,732,826 |
| 3 |
$8,496,128 |
$3,103,898
$424,806 |
$4,967,424 |
| 4 |
$8,921,088 |
$3,261,133
$446,054 |
$5,213,901 |
| 5 |
$9,367,040 |
$3,426,135
$468,352 |
$5,472,553 |
| 6 |
$9,835,520 |
$3,599,473
$491,776 |
$5,744,271 |
| 7 |
$10,327,040 |
$3,781,335
$516,352 |
$6,029,353 |
| 8 |
$10,843,648 |
$3,972,480
$542,182 |
$6,328,986 |
| 9 |
$11,385,856 |
$4,173,097
$569,293 |
$6,643,466 |
| 10 |
$11,955,200 |
$4,383,754
$597,760 |
$6,973,686 |
| 11 |
$12,552,704 |
$4,604,831
$627,635 |
$7,320,238 |
| 12 |
$13,180,416 |
$4,837,084
$659,021 |
$7,684,311 |
| 13 |
$13,839,360 |
$5,080,894
$691,968 |
$8,066,498 |
| 14 |
$14,531,584 |
$5,337,016
$726,579 |
$8,467,989 |
| 15 |
$15,258,112 |
$5,605,832
$762,906 |
$8,889,374 |
| 16 |
$16,020,992 |
$5,888,097
$801,050 |
$9,331,845 |
| 17 |
$16,821,760 |
$6,184,382
$841,088 |
$9,796,290 |
| 18 |
$17,662,976 |
$6,495,632
$883,149 |
$10,284,195 |
| 19 |
$18,546,176 |
$6,822,416
$927,309 |
$10,796,451 |
| 20 |
$19,473,408 |
$7,165,491
$973,670 |
$11,334,247 |
| 21 |
$20,447,232 |
$7,525,806
$1,022,362 |
$11,899,064 |
| 22 |
$21,469,696 |
$7,904,118
$1,073,485 |
$12,492,093 |
| 23 |
$22,542,848 |
$8,301,184
$1,127,142 |
$13,114,522 |
| 24 |
$23,670,272 |
$8,718,331
$1,183,514 |
$13,768,427 |
| 25 |
$24,853,504 |
$9,156,127
$1,242,675 |
$14,454,702 |
| 26 |
$26,096,640 |
$9,616,087
$1,304,832 |
$15,175,721 |
| 27 |
$27,401,216 |
$10,098,780
$1,370,061 |
$15,932,375 |
| 28 |
$28,771,328 |
$10,605,722
$1,438,566 |
$16,727,040 |
| 29 |
$30,210,048 |
$11,138,048
$1,510,502 |
$17,561,498 |
| 30 |
$31,720,448 |
$11,696,896
$1,586,022 |
$18,437,530 |
|
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