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 North Carolina residents, the state will deduct 4.75% from your lottery earnings.
| North Carolina 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(4.75%) | $11,357,250 | | Net Lumpsum Payment | $139,315,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,706,112 |
$2,811,592
$366,040 |
$4,528,480 |
| 2 |
$8,091,648 |
$2,954,240
$384,353 |
$4,753,055 |
| 3 |
$8,496,128 |
$3,103,898
$403,566 |
$4,988,664 |
| 4 |
$8,921,088 |
$3,261,133
$423,752 |
$5,236,203 |
| 5 |
$9,367,040 |
$3,426,135
$444,934 |
$5,495,971 |
| 6 |
$9,835,520 |
$3,599,473
$467,187 |
$5,768,860 |
| 7 |
$10,327,040 |
$3,781,335
$490,534 |
$6,055,171 |
| 8 |
$10,843,648 |
$3,972,480
$515,073 |
$6,356,095 |
| 9 |
$11,385,856 |
$4,173,097
$540,828 |
$6,671,931 |
| 10 |
$11,955,200 |
$4,383,754
$567,872 |
$7,003,574 |
| 11 |
$12,552,704 |
$4,604,831
$596,253 |
$7,351,620 |
| 12 |
$13,180,416 |
$4,837,084
$626,070 |
$7,717,262 |
| 13 |
$13,839,360 |
$5,080,894
$657,370 |
$8,101,096 |
| 14 |
$14,531,584 |
$5,337,016
$690,250 |
$8,504,318 |
| 15 |
$15,258,112 |
$5,605,832
$724,760 |
$8,927,520 |
| 16 |
$16,020,992 |
$5,888,097
$760,997 |
$9,371,898 |
| 17 |
$16,821,760 |
$6,184,382
$799,034 |
$9,838,344 |
| 18 |
$17,662,976 |
$6,495,632
$838,991 |
$10,328,353 |
| 19 |
$18,546,176 |
$6,822,416
$880,943 |
$10,842,817 |
| 20 |
$19,473,408 |
$7,165,491
$924,987 |
$11,382,930 |
| 21 |
$20,447,232 |
$7,525,806
$971,244 |
$11,950,182 |
| 22 |
$21,469,696 |
$7,904,118
$1,019,811 |
$12,545,767 |
| 23 |
$22,542,848 |
$8,301,184
$1,070,785 |
$13,170,879 |
| 24 |
$23,670,272 |
$8,718,331
$1,124,338 |
$13,827,603 |
| 25 |
$24,853,504 |
$9,156,127
$1,180,541 |
$14,516,836 |
| 26 |
$26,096,640 |
$9,616,087
$1,239,590 |
$15,240,963 |
| 27 |
$27,401,216 |
$10,098,780
$1,301,558 |
$16,000,878 |
| 28 |
$28,771,328 |
$10,605,722
$1,366,638 |
$16,798,968 |
| 29 |
$30,210,048 |
$11,138,048
$1,434,977 |
$17,637,023 |
| 30 |
$31,720,448 |
$11,696,896
$1,506,721 |
$18,516,831 |
|
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