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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania 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(3.07%) | $9,691,990 | | Net Lumpsum Payment | $189,238,680 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$10,249,731 |
$3,752,731 $314,667 |
$6,182,333 |
| 2 |
$10,762,524 |
$3,942,464 $330,409 |
$6,489,651 |
| 3 |
$11,300,514 |
$4,141,521 $346,926 |
$6,812,067 |
| 4 |
$11,865,744 |
$4,350,656 $364,278 |
$7,150,810 |
| 5 |
$12,458,895 |
$4,570,122 $382,488 |
$7,506,285 |
| 6 |
$13,082,010 |
$4,800,674 $401,618 |
$7,879,718 |
| 7 |
$13,735,770 |
$5,042,565 $421,688 |
$8,271,517 |
| 8 |
$14,422,899 |
$5,296,803 $442,783 |
$8,683,313 |
| 9 |
$15,144,078 |
$5,563,639 $464,923 |
$9,115,516 |
| 10 |
$15,901,350 |
$5,843,830 $488,171 |
$9,569,349 |
| 11 |
$16,696,077 |
$6,137,879 $512,570 |
$10,045,628 |
| 12 |
$17,530,983 |
$6,446,794 $538,201 |
$10,545,988 |
| 13 |
$18,407,430 |
$6,771,079 $565,108 |
$11,071,243 |
| 14 |
$19,328,142 |
$7,111,743 $593,374 |
$11,623,025 |
| 15 |
$20,294,481 |
$7,469,288 $623,041 |
$12,202,152 |
| 16 |
$21,309,171 |
$7,844,724 $654,192 |
$12,810,255 |
| 17 |
$22,374,255 |
$8,238,805 $686,890 |
$13,448,560 |
| 18 |
$23,493,138 |
$8,652,791 $721,239 |
$14,119,108 |
| 19 |
$24,667,863 |
$9,087,440 $757,303 |
$14,823,120 |
| 20 |
$25,901,154 |
$9,543,757 $795,165 |
$15,562,232 |
| 21 |
$27,196,416 |
$10,023,004 $834,930 |
$16,338,482 |
| 22 |
$28,556,373 |
$10,526,188 $876,681 |
$17,153,504 |
| 23 |
$29,983,749 |
$11,054,318 $920,501 |
$18,008,930 |
| 24 |
$31,483,311 |
$11,609,155 $966,538 |
$18,907,618 |
| 25 |
$33,057,102 |
$12,191,458 $1,014,853 |
$19,850,791 |
| 26 |
$34,710,570 |
$12,803,241 $1,065,614 |
$20,841,715 |
| 27 |
$36,445,758 |
$13,445,261 $1,118,885 |
$21,881,612 |
| 28 |
$38,268,114 |
$14,119,533 $1,174,831 |
$22,973,750 |
| 29 |
$40,181,724 |
$14,827,568 $1,233,579 |
$24,120,577 |
| 30 |
$42,190,674 |
$15,570,880 $1,295,254 |
$25,324,540 |
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