Rhode Island Lottery

RILottery 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 Rhode Island, your state will take 5.99% 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.

Rhode Island 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(5.99%)	$11,860,200
Net Lumpsum Payment	$112,919,470

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,306,369	-$2,293,687 -$377,752	$3,634,930
2	$6,621,876	-$2,410,425 -$396,650	$3,814,801
3	$6,952,886	-$2,532,898 -$416,478	$4,003,510
4	$7,300,656	-$2,661,573 -$437,309	$4,201,774
5	$7,665,605	-$2,796,604 -$459,170	$4,409,831
6	$8,048,990	-$2,938,457 -$482,135	$4,628,398
7	$8,451,230	-$3,087,285 -$506,229	$4,857,716
8	$8,874,001	-$3,243,711 -$531,553	$5,098,737
9	$9,317,722	-$3,407,888 -$558,132	$5,351,702
10	$9,783,650	-$3,580,281 -$586,041	$5,617,328
11	$10,272,623	-$3,761,201 -$615,330	$5,896,092
12	$10,786,317	-$3,951,268 -$646,100	$6,188,949
13	$11,325,570	-$4,150,791 -$678,402	$6,496,377
14	$11,892,058	-$4,360,392 -$712,334	$6,819,332
15	$12,486,619	-$4,580,379 -$747,948	$7,158,292
16	$13,110,929	-$4,811,374 -$785,345	$7,514,210
17	$13,766,245	-$5,053,841 -$824,598	$7,887,806
18	$14,454,662	-$5,308,555 -$865,834	$8,280,273
19	$15,177,437	-$5,575,982 -$909,128	$8,692,327
20	$15,936,246	-$5,856,741 -$954,581	$9,124,924
21	$16,733,184	-$6,151,608 -$1,002,318	$9,579,258
22	$17,569,927	-$6,461,203 -$1,052,439	$10,056,285
23	$18,448,151	-$6,786,146 -$1,105,044	$10,556,961
24	$19,370,789	-$7,127,522 -$1,160,310	$11,082,957
25	$20,339,098	-$7,485,797 -$1,218,312	$11,634,989
26	$21,356,430	-$7,862,209 -$1,279,250	$12,214,971
27	$22,424,042	-$8,257,226 -$1,343,200	$12,823,616
28	$23,545,286	-$8,672,086 -$1,410,363	$13,462,837
29	$24,722,676	-$9,107,721 -$1,480,888	$14,134,067
30	$25,958,726	-$9,565,059 -$1,554,928	$14,838,739