The jackpot for the Powerball draw on Wed Nov 26, 2025, is projected to be $681 Million, with an option for a cash payout of $315.7 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 Ohio residents, the state will deduct 3.99% from your lottery earnings.
| Ohio Powerball Jackpot/Cash Option for Wed Nov 26, 2025 |
|---|
| Draw Date | Wed Nov 26, 2025 | | Projected Jackpot | $681,000,000 | | Cash Value | $315,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $315,700,000 | | Federal Tax(24%) | $75,768,000 | | Additional Federal Tax | $41,001,330 | | State Tax(3.99%) | $12,596,430 | | Net Lumpsum Payment | $186,334,240 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$10,249,731 |
$3,752,731
$408,964 |
$6,088,036 |
| 2 |
$10,762,524 |
$3,942,464
$429,425 |
$6,390,635 |
| 3 |
$11,300,514 |
$4,141,521
$450,891 |
$6,708,102 |
| 4 |
$11,865,744 |
$4,350,656
$473,443 |
$7,041,645 |
| 5 |
$12,458,895 |
$4,570,122
$497,110 |
$7,391,663 |
| 6 |
$13,082,010 |
$4,800,674
$521,972 |
$7,759,364 |
| 7 |
$13,735,770 |
$5,042,565
$548,057 |
$8,145,148 |
| 8 |
$14,422,899 |
$5,296,803
$575,474 |
$8,550,622 |
| 9 |
$15,144,078 |
$5,563,639
$604,249 |
$8,976,190 |
| 10 |
$15,901,350 |
$5,843,830
$634,464 |
$9,423,056 |
| 11 |
$16,696,077 |
$6,137,879
$666,173 |
$9,892,025 |
| 12 |
$17,530,983 |
$6,446,794
$699,486 |
$10,384,703 |
| 13 |
$18,407,430 |
$6,771,079
$734,456 |
$10,901,895 |
| 14 |
$19,328,142 |
$7,111,743
$771,193 |
$11,445,206 |
| 15 |
$20,294,481 |
$7,469,288
$809,750 |
$12,015,443 |
| 16 |
$21,309,171 |
$7,844,724
$850,236 |
$12,614,211 |
| 17 |
$22,374,255 |
$8,238,805
$892,733 |
$13,242,717 |
| 18 |
$23,493,138 |
$8,652,791
$937,376 |
$13,902,971 |
| 19 |
$24,667,863 |
$9,087,440
$984,248 |
$14,596,175 |
| 20 |
$25,901,154 |
$9,543,757
$1,033,456 |
$15,323,941 |
| 21 |
$27,196,416 |
$10,023,004
$1,085,137 |
$16,088,275 |
| 22 |
$28,556,373 |
$10,526,188
$1,139,399 |
$16,890,786 |
| 23 |
$29,983,749 |
$11,054,318
$1,196,352 |
$17,733,079 |
| 24 |
$31,483,311 |
$11,609,155
$1,256,184 |
$18,617,972 |
| 25 |
$33,057,102 |
$12,191,458
$1,318,978 |
$19,546,666 |
| 26 |
$34,710,570 |
$12,803,241
$1,384,952 |
$20,522,377 |
| 27 |
$36,445,758 |
$13,445,261
$1,454,186 |
$21,546,311 |
| 28 |
$38,268,114 |
$14,119,533
$1,526,898 |
$22,621,683 |
| 29 |
$40,181,724 |
$14,827,568
$1,603,251 |
$23,750,905 |
| 30 |
$42,190,674 |
$15,570,880
$1,683,408 |
$24,936,386 |
|
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