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 Virginia residents, the state will deduct 4% from your lottery earnings.
| Virginia 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(4%) | $10,676,000 | | Net Lumpsum Payment | $157,510,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,579,070 |
$3,134,586
$343,163 |
$5,101,321 |
| 2 |
$9,008,280 |
$3,293,394
$360,331 |
$5,354,555 |
| 3 |
$9,458,580 |
$3,460,005
$378,343 |
$5,620,232 |
| 4 |
$9,931,680 |
$3,635,052
$397,267 |
$5,899,361 |
| 5 |
$10,428,150 |
$3,818,746
$417,126 |
$6,192,278 |
| 6 |
$10,949,700 |
$4,011,719
$437,988 |
$6,499,993 |
| 7 |
$11,496,900 |
$4,214,183
$459,876 |
$6,822,841 |
| 8 |
$12,072,030 |
$4,426,981
$482,881 |
$7,162,168 |
| 9 |
$12,675,660 |
$4,650,325
$507,026 |
$7,518,309 |
| 10 |
$13,309,500 |
$4,884,845
$532,380 |
$7,892,275 |
| 11 |
$13,974,690 |
$5,130,966
$558,988 |
$8,284,736 |
| 12 |
$14,673,510 |
$5,389,529
$586,940 |
$8,697,041 |
| 13 |
$15,407,100 |
$5,660,957
$616,284 |
$9,129,859 |
| 14 |
$16,177,740 |
$5,946,094
$647,110 |
$9,584,536 |
| 15 |
$16,986,570 |
$6,245,361
$679,463 |
$10,061,746 |
| 16 |
$17,835,870 |
$6,559,602
$713,435 |
$10,562,833 |
| 17 |
$18,727,350 |
$6,889,450
$749,094 |
$11,088,806 |
| 18 |
$19,663,860 |
$7,235,959
$786,554 |
$11,641,347 |
| 19 |
$20,647,110 |
$7,599,761
$825,884 |
$12,221,465 |
| 20 |
$21,679,380 |
$7,981,701
$867,175 |
$12,830,504 |
| 21 |
$22,763,520 |
$8,382,833
$910,541 |
$13,470,146 |
| 22 |
$23,901,810 |
$8,804,000
$956,072 |
$14,141,738 |
| 23 |
$25,096,530 |
$9,246,046
$1,003,861 |
$14,846,623 |
| 24 |
$26,351,670 |
$9,710,448
$1,054,067 |
$15,587,155 |
| 25 |
$27,668,940 |
$10,197,838
$1,106,758 |
$16,364,344 |
| 26 |
$29,052,900 |
$10,709,903
$1,162,116 |
$17,180,881 |
| 27 |
$30,505,260 |
$11,247,277
$1,220,210 |
$18,037,773 |
| 28 |
$32,030,580 |
$11,811,645
$1,281,223 |
$18,937,712 |
| 29 |
$33,632,280 |
$12,404,274
$1,345,291 |
$19,882,715 |
| 30 |
$35,313,780 |
$13,026,429
$1,412,551 |
$20,874,800 |
|
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