Ohio Lottery

OHLottery 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 Ohio, your state will take 3.99% 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.

Ohio 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(3.99%)	$7,900,200
Net Lumpsum Payment	$116,879,470

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,306,369	-$2,293,687 -$251,624	$3,761,058
2	$6,621,876	-$2,410,425 -$264,213	$3,947,238
3	$6,952,886	-$2,532,898 -$277,420	$4,142,568
4	$7,300,656	-$2,661,573 -$291,296	$4,347,787
5	$7,665,605	-$2,796,604 -$305,858	$4,563,143
6	$8,048,990	-$2,938,457 -$321,155	$4,789,378
7	$8,451,230	-$3,087,285 -$337,204	$5,026,741
8	$8,874,001	-$3,243,711 -$354,073	$5,276,217
9	$9,317,722	-$3,407,888 -$371,777	$5,538,057
10	$9,783,650	-$3,580,281 -$390,368	$5,813,001
11	$10,272,623	-$3,761,201 -$409,878	$6,101,544
12	$10,786,317	-$3,951,268 -$430,374	$6,404,675
13	$11,325,570	-$4,150,791 -$451,890	$6,722,889
14	$11,892,058	-$4,360,392 -$474,493	$7,057,173
15	$12,486,619	-$4,580,379 -$498,216	$7,408,024
16	$13,110,929	-$4,811,374 -$523,126	$7,776,429
17	$13,766,245	-$5,053,841 -$549,273	$8,163,131
18	$14,454,662	-$5,308,555 -$576,741	$8,569,366
19	$15,177,437	-$5,575,982 -$605,580	$8,995,875
20	$15,936,246	-$5,856,741 -$635,856	$9,443,649
21	$16,733,184	-$6,151,608 -$667,654	$9,913,922
22	$17,569,927	-$6,461,203 -$701,040	$10,407,684
23	$18,448,151	-$6,786,146 -$736,081	$10,925,924
24	$19,370,789	-$7,127,522 -$772,894	$11,470,373
25	$20,339,098	-$7,485,797 -$811,530	$12,041,771
26	$21,356,430	-$7,862,209 -$852,122	$12,642,099
27	$22,424,042	-$8,257,226 -$894,719	$13,272,097
28	$23,545,286	-$8,672,086 -$939,457	$13,933,743
29	$24,722,676	-$9,107,721 -$986,435	$14,628,520
30	$25,958,726	-$9,565,059 -$1,035,753	$15,357,914