Kentucky Lottery

KYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Nov 3, 2025 is estimated to be $419 Million, with a cash option of 198 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Kentucky, your state will take 4.5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Kentucky Powerball Jackpot/Cash Option for Mon Nov 3, 2025

Draw Date	Jackpot	Cash Option
Mon Nov 3, 2025	$419,000,000	$198,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$198,000,000
Federal Tax(24%)	$47,520,000
Additional Federal Tax	$25,700,330
State Tax(4.5%)	$8,910,000
Net Lumpsum Payment	$115,869,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,306,369	-$2,293,687 -$283,787	$3,728,895
2	$6,621,876	-$2,410,425 -$297,984	$3,913,467
3	$6,952,886	-$2,532,898 -$312,880	$4,107,108
4	$7,300,656	-$2,661,573 -$328,530	$4,310,553
5	$7,665,605	-$2,796,604 -$344,952	$4,524,049
6	$8,048,990	-$2,938,457 -$362,205	$4,748,328
7	$8,451,230	-$3,087,285 -$380,305	$4,983,640
8	$8,874,001	-$3,243,711 -$399,330	$5,230,960
9	$9,317,722	-$3,407,888 -$419,297	$5,490,537
10	$9,783,650	-$3,580,281 -$440,264	$5,763,105
11	$10,272,623	-$3,761,201 -$462,268	$6,049,154
12	$10,786,317	-$3,951,268 -$485,384	$6,349,665
13	$11,325,570	-$4,150,791 -$509,651	$6,665,128
14	$11,892,058	-$4,360,392 -$535,143	$6,996,523
15	$12,486,619	-$4,580,379 -$561,898	$7,344,342
16	$13,110,929	-$4,811,374 -$589,992	$7,709,563
17	$13,766,245	-$5,053,841 -$619,481	$8,092,923
18	$14,454,662	-$5,308,555 -$650,460	$8,495,647
19	$15,177,437	-$5,575,982 -$682,985	$8,918,470
20	$15,936,246	-$5,856,741 -$717,131	$9,362,374
21	$16,733,184	-$6,151,608 -$752,993	$9,828,583
22	$17,569,927	-$6,461,203 -$790,647	$10,318,077
23	$18,448,151	-$6,786,146 -$830,167	$10,831,838
24	$19,370,789	-$7,127,522 -$871,686	$11,371,581
25	$20,339,098	-$7,485,797 -$915,259	$11,938,042
26	$21,356,430	-$7,862,209 -$961,039	$12,533,182
27	$22,424,042	-$8,257,226 -$1,009,082	$13,157,734
28	$23,545,286	-$8,672,086 -$1,059,538	$13,813,662
29	$24,722,676	-$9,107,721 -$1,112,520	$14,502,435
30	$25,958,726	-$9,565,059 -$1,168,143	$15,225,524