The jackpot for the Powerball draw on Mon Nov 10, 2025, is projected to be $490 Million, with an option for a cash payout of $228.9 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 Minnesota residents, the state will deduct 7.25% from your lottery earnings.
| Minnesota Powerball Jackpot/Cash Option for Mon Nov 10, 2025 |
|---|
| Draw Date | Mon Nov 10, 2025 | | Projected Jackpot | $490,000,000 | | Cash Value | $228,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $228,900,000 | | Federal Tax(24%) | $54,936,000 | | Additional Federal Tax | $29,717,330 | | State Tax(7.25%) | $16,595,250 | | Net Lumpsum Payment | $127,651,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,374,990 |
$2,689,077
$534,687 |
$4,151,226 |
| 2 |
$7,743,960 |
$2,825,596
$561,437 |
$4,356,927 |
| 3 |
$8,131,060 |
$2,968,823
$589,502 |
$4,572,735 |
| 4 |
$8,537,760 |
$3,119,302
$618,988 |
$4,799,470 |
| 5 |
$8,964,550 |
$3,277,214
$649,930 |
$5,037,406 |
| 6 |
$9,412,900 |
$3,443,103
$682,435 |
$5,287,362 |
| 7 |
$9,883,300 |
$3,617,151
$716,539 |
$5,549,610 |
| 8 |
$10,377,710 |
$3,800,083
$752,384 |
$5,825,243 |
| 9 |
$10,896,620 |
$3,992,080
$790,005 |
$6,114,535 |
| 10 |
$11,441,500 |
$4,193,685
$829,509 |
$6,418,306 |
| 11 |
$12,013,330 |
$4,405,262
$870,966 |
$6,737,102 |
| 12 |
$12,614,070 |
$4,627,536
$914,520 |
$7,072,014 |
| 13 |
$13,244,700 |
$4,860,869
$960,241 |
$7,423,590 |
| 14 |
$13,907,180 |
$5,105,987
$1,008,271 |
$7,792,922 |
| 15 |
$14,602,490 |
$5,363,252
$1,058,681 |
$8,180,557 |
| 16 |
$15,332,590 |
$5,633,389
$1,111,613 |
$8,587,588 |
| 17 |
$16,098,950 |
$5,916,942
$1,167,174 |
$9,014,834 |
| 18 |
$16,904,020 |
$6,214,818
$1,225,541 |
$9,463,661 |
| 19 |
$17,749,270 |
$6,527,560
$1,286,822 |
$9,934,888 |
| 20 |
$18,636,660 |
$6,855,895
$1,351,158 |
$10,429,607 |
| 21 |
$19,568,640 |
$7,200,727
$1,418,726 |
$10,949,187 |
| 22 |
$20,547,170 |
$7,562,783
$1,489,670 |
$11,494,717 |
| 23 |
$21,574,210 |
$7,942,788
$1,564,130 |
$12,067,292 |
| 24 |
$22,653,190 |
$8,342,011
$1,642,356 |
$12,668,823 |
| 25 |
$23,785,580 |
$8,760,995
$1,724,455 |
$13,300,130 |
| 26 |
$24,975,300 |
$9,201,191
$1,810,709 |
$13,963,400 |
| 27 |
$26,223,820 |
$9,663,144
$1,901,227 |
$14,659,449 |
| 28 |
$27,535,060 |
$10,148,303
$1,996,292 |
$15,390,465 |
| 29 |
$28,911,960 |
$10,657,756
$2,096,117 |
$16,158,087 |
| 30 |
$30,357,460 |
$11,192,591
$2,200,916 |
$16,963,953 |
|
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