The jackpot for the Powerball draw on Mon Nov 17, 2025, is projected to be $570 Million, with an option for a cash payout of $266.9 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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina Powerball Jackpot/Cash Option for Mon Nov 17, 2025 |
|---|
| Draw Date | Mon Nov 17, 2025 | | Projected Jackpot | $570,000,000 | | Cash Value | $266,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $266,900,000 | | Federal Tax(24%) | $64,056,000 | | Additional Federal Tax | $34,657,330 | | State Tax(6.9%) | $18,416,100 | | Net Lumpsum Payment | $149,770,570 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,579,070 |
$3,134,586
$591,956 |
$4,852,528 |
| 2 |
$9,008,280 |
$3,293,394
$621,571 |
$5,093,315 |
| 3 |
$9,458,580 |
$3,460,005
$652,642 |
$5,345,933 |
| 4 |
$9,931,680 |
$3,635,052
$685,286 |
$5,611,342 |
| 5 |
$10,428,150 |
$3,818,746
$719,542 |
$5,889,862 |
| 6 |
$10,949,700 |
$4,011,719
$755,529 |
$6,182,452 |
| 7 |
$11,496,900 |
$4,214,183
$793,286 |
$6,489,431 |
| 8 |
$12,072,030 |
$4,426,981
$832,970 |
$6,812,079 |
| 9 |
$12,675,660 |
$4,650,325
$874,621 |
$7,150,714 |
| 10 |
$13,309,500 |
$4,884,845
$918,356 |
$7,506,299 |
| 11 |
$13,974,690 |
$5,130,966
$964,254 |
$7,879,470 |
| 12 |
$14,673,510 |
$5,389,529
$1,012,472 |
$8,271,509 |
| 13 |
$15,407,100 |
$5,660,957
$1,063,090 |
$8,683,053 |
| 14 |
$16,177,740 |
$5,946,094
$1,116,264 |
$9,115,382 |
| 15 |
$16,986,570 |
$6,245,361
$1,172,073 |
$9,569,136 |
| 16 |
$17,835,870 |
$6,559,602
$1,230,675 |
$10,045,593 |
| 17 |
$18,727,350 |
$6,889,450
$1,292,187 |
$10,545,713 |
| 18 |
$19,663,860 |
$7,235,959
$1,356,806 |
$11,071,095 |
| 19 |
$20,647,110 |
$7,599,761
$1,424,651 |
$11,622,698 |
| 20 |
$21,679,380 |
$7,981,701
$1,495,877 |
$12,201,802 |
| 21 |
$22,763,520 |
$8,382,833
$1,570,683 |
$12,810,004 |
| 22 |
$23,901,810 |
$8,804,000
$1,649,225 |
$13,448,585 |
| 23 |
$25,096,530 |
$9,246,046
$1,731,661 |
$14,118,823 |
| 24 |
$26,351,670 |
$9,710,448
$1,818,265 |
$14,822,957 |
| 25 |
$27,668,940 |
$10,197,838
$1,909,157 |
$15,561,945 |
| 26 |
$29,052,900 |
$10,709,903
$2,004,650 |
$16,338,347 |
| 27 |
$30,505,260 |
$11,247,277
$2,104,863 |
$17,153,120 |
| 28 |
$32,030,580 |
$11,811,645
$2,210,110 |
$18,008,825 |
| 29 |
$33,632,280 |
$12,404,274
$2,320,627 |
$18,907,379 |
| 30 |
$35,313,780 |
$13,026,429
$2,436,651 |
$19,850,700 |
|
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