West Virginia Lottery

WVLottery 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 West Virginia, your state will take 6.5% 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.

West Virginia 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(6.5%)	$12,870,000
Net Lumpsum Payment	$111,909,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,306,369	-$2,293,687 -$409,914	$3,602,768
2	$6,621,876	-$2,410,425 -$430,422	$3,781,029
3	$6,952,886	-$2,532,898 -$451,938	$3,968,050
4	$7,300,656	-$2,661,573 -$474,543	$4,164,540
5	$7,665,605	-$2,796,604 -$498,264	$4,370,737
6	$8,048,990	-$2,938,457 -$523,184	$4,587,349
7	$8,451,230	-$3,087,285 -$549,330	$4,814,615
8	$8,874,001	-$3,243,711 -$576,810	$5,053,480
9	$9,317,722	-$3,407,888 -$605,652	$5,304,182
10	$9,783,650	-$3,580,281 -$635,937	$5,567,432
11	$10,272,623	-$3,761,201 -$667,720	$5,843,702
12	$10,786,317	-$3,951,268 -$701,111	$6,133,938
13	$11,325,570	-$4,150,791 -$736,162	$6,438,617
14	$11,892,058	-$4,360,392 -$772,984	$6,758,682
15	$12,486,619	-$4,580,379 -$811,630	$7,094,610
16	$13,110,929	-$4,811,374 -$852,210	$7,447,345
17	$13,766,245	-$5,053,841 -$894,806	$7,817,598
18	$14,454,662	-$5,308,555 -$939,553	$8,206,554
19	$15,177,437	-$5,575,982 -$986,533	$8,614,922
20	$15,936,246	-$5,856,741 -$1,035,856	$9,043,649
21	$16,733,184	-$6,151,608 -$1,087,657	$9,493,919
22	$17,569,927	-$6,461,203 -$1,142,045	$9,966,679
23	$18,448,151	-$6,786,146 -$1,199,130	$10,462,875
24	$19,370,789	-$7,127,522 -$1,259,101	$10,984,166
25	$20,339,098	-$7,485,797 -$1,322,041	$11,531,260
26	$21,356,430	-$7,862,209 -$1,388,168	$12,106,053
27	$22,424,042	-$8,257,226 -$1,457,563	$12,709,253
28	$23,545,286	-$8,672,086 -$1,530,444	$13,342,756
29	$24,722,676	-$9,107,721 -$1,606,974	$14,007,981
30	$25,958,726	-$9,565,059 -$1,687,317	$14,706,350