West Virginia Lottery

WVLottery 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 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 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(6.5%)	$19,708,000
Net Lumpsum Payment	$171,347,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,843,354	-$3,602,371 -$639,818	$5,601,165
2	$10,335,816	-$3,784,582 -$671,828	$5,879,406
3	$10,852,476	-$3,975,747 -$705,411	$6,171,318
4	$11,395,296	-$4,176,590 -$740,694	$6,478,012
5	$11,964,930	-$4,387,354 -$777,720	$6,799,856
6	$12,563,340	-$4,608,766 -$816,617	$7,137,957
7	$13,191,180	-$4,841,067 -$857,427	$7,492,686
8	$13,851,066	-$5,085,225 -$900,319	$7,865,522
9	$14,543,652	-$5,341,482 -$945,337	$8,256,833
10	$15,270,900	-$5,610,563 -$992,609	$8,667,728
11	$16,034,118	-$5,892,954 -$1,042,218	$9,098,946
12	$16,835,922	-$6,189,622 -$1,094,335	$9,551,965
13	$17,677,620	-$6,501,050 -$1,149,045	$10,027,525
14	$18,561,828	-$6,828,207 -$1,206,519	$10,527,102
15	$19,489,854	-$7,171,576 -$1,266,841	$11,051,437
16	$20,464,314	-$7,532,127 -$1,330,180	$11,602,007
17	$21,487,170	-$7,910,583 -$1,396,666	$12,179,921
18	$22,561,692	-$8,308,156 -$1,466,510	$12,787,026
19	$23,689,842	-$8,725,572 -$1,539,840	$13,424,430
20	$24,874,236	-$9,163,798 -$1,616,825	$14,093,613
21	$26,118,144	-$9,624,044 -$1,697,679	$14,796,421
22	$27,424,182	-$10,107,278 -$1,782,572	$15,534,332
23	$28,794,966	-$10,614,468 -$1,871,673	$16,308,825
24	$30,235,074	-$11,147,308 -$1,965,280	$17,122,486
25	$31,746,468	-$11,706,524 -$2,063,520	$17,976,424
26	$33,334,380	-$12,294,051 -$2,166,735	$18,873,594
27	$35,000,772	-$12,910,616 -$2,275,050	$19,815,106
28	$36,750,876	-$13,558,155 -$2,388,807	$20,803,914
29	$38,588,616	-$14,238,118 -$2,508,260	$21,842,238
30	$40,517,916	-$14,951,959 -$2,633,665	$22,932,292