Pennsylvania Lottery

PALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Nov 24, 2025 is estimated to be $654 Million, with a cash option of 303.2 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 Pennsylvania, your state will take 3.07% 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.

Pennsylvania Powerball Jackpot/Cash Option for Mon Nov 24, 2025

Draw Date	Jackpot	Cash Option
Mon Nov 24, 2025	$654,000,000	$303,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$303,200,000
Federal Tax(24%)	$72,768,000
Additional Federal Tax	$39,376,330
State Tax(3.07%)	$9,308,240
Net Lumpsum Payment	$181,747,430

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,843,354	-$3,602,371 -$302,191	$5,938,792
2	$10,335,816	-$3,784,582 -$317,310	$6,233,924
3	$10,852,476	-$3,975,747 -$333,171	$6,543,558
4	$11,395,296	-$4,176,590 -$349,836	$6,868,870
5	$11,964,930	-$4,387,354 -$367,323	$7,210,253
6	$12,563,340	-$4,608,766 -$385,695	$7,568,879
7	$13,191,180	-$4,841,067 -$404,969	$7,945,144
8	$13,851,066	-$5,085,225 -$425,228	$8,340,613
9	$14,543,652	-$5,341,482 -$446,490	$8,755,680
10	$15,270,900	-$5,610,563 -$468,817	$9,191,520
11	$16,034,118	-$5,892,954 -$492,247	$9,648,917
12	$16,835,922	-$6,189,622 -$516,863	$10,129,437
13	$17,677,620	-$6,501,050 -$542,703	$10,633,867
14	$18,561,828	-$6,828,207 -$569,848	$11,163,773
15	$19,489,854	-$7,171,576 -$598,339	$11,719,939
16	$20,464,314	-$7,532,127 -$628,254	$12,303,933
17	$21,487,170	-$7,910,583 -$659,656	$12,916,931
18	$22,561,692	-$8,308,156 -$692,644	$13,560,892
19	$23,689,842	-$8,725,572 -$727,278	$14,236,992
20	$24,874,236	-$9,163,798 -$763,639	$14,946,799
21	$26,118,144	-$9,624,044 -$801,827	$15,692,273
22	$27,424,182	-$10,107,278 -$841,922	$16,474,982
23	$28,794,966	-$10,614,468 -$884,005	$17,296,493
24	$30,235,074	-$11,147,308 -$928,217	$18,159,549
25	$31,746,468	-$11,706,524 -$974,617	$19,065,327
26	$33,334,380	-$12,294,051 -$1,023,365	$20,016,964
27	$35,000,772	-$12,910,616 -$1,074,524	$21,015,632
28	$36,750,876	-$13,558,155 -$1,128,252	$22,064,469
29	$38,588,616	-$14,238,118 -$1,184,671	$23,165,827
30	$40,517,916	-$14,951,959 -$1,243,900	$24,322,057