The jackpot for the Powerball draw on Mon Nov 17, 2025, is projected to be $570 Million, with an option for a cash payout of $266.9 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland Powerball Jackpot/Cash Option for Mon Nov 17, 2025 |
|---|
| Draw Date | Mon Nov 17, 2025 | | Projected Jackpot | $570,000,000 | | Cash Value | $266,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $266,900,000 | | Federal Tax(24%) | $64,056,000 | | Additional Federal Tax | $34,657,330 | | State Tax(8.95%) | $23,887,550 | | Net Lumpsum Payment | $144,299,120 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,579,070 |
$3,134,586
$767,827 |
$4,676,657 |
| 2 |
$9,008,280 |
$3,293,394
$806,241 |
$4,908,645 |
| 3 |
$9,458,580 |
$3,460,005
$846,543 |
$5,152,032 |
| 4 |
$9,931,680 |
$3,635,052
$888,885 |
$5,407,743 |
| 5 |
$10,428,150 |
$3,818,746
$933,319 |
$5,676,085 |
| 6 |
$10,949,700 |
$4,011,719
$979,998 |
$5,957,983 |
| 7 |
$11,496,900 |
$4,214,183
$1,028,973 |
$6,253,744 |
| 8 |
$12,072,030 |
$4,426,981
$1,080,447 |
$6,564,602 |
| 9 |
$12,675,660 |
$4,650,325
$1,134,472 |
$6,890,863 |
| 10 |
$13,309,500 |
$4,884,845
$1,191,200 |
$7,233,455 |
| 11 |
$13,974,690 |
$5,130,966
$1,250,735 |
$7,592,989 |
| 12 |
$14,673,510 |
$5,389,529
$1,313,279 |
$7,970,702 |
| 13 |
$15,407,100 |
$5,660,957
$1,378,935 |
$8,367,208 |
| 14 |
$16,177,740 |
$5,946,094
$1,447,908 |
$8,783,738 |
| 15 |
$16,986,570 |
$6,245,361
$1,520,298 |
$9,220,911 |
| 16 |
$17,835,870 |
$6,559,602
$1,596,310 |
$9,679,958 |
| 17 |
$18,727,350 |
$6,889,450
$1,676,098 |
$10,161,802 |
| 18 |
$19,663,860 |
$7,235,959
$1,759,915 |
$10,667,986 |
| 19 |
$20,647,110 |
$7,599,761
$1,847,916 |
$11,199,433 |
| 20 |
$21,679,380 |
$7,981,701
$1,940,305 |
$11,757,374 |
| 21 |
$22,763,520 |
$8,382,833
$2,037,335 |
$12,343,352 |
| 22 |
$23,901,810 |
$8,804,000
$2,139,212 |
$12,958,598 |
| 23 |
$25,096,530 |
$9,246,046
$2,246,139 |
$13,604,345 |
| 24 |
$26,351,670 |
$9,710,448
$2,358,474 |
$14,282,748 |
| 25 |
$27,668,940 |
$10,197,838
$2,476,370 |
$14,994,732 |
| 26 |
$29,052,900 |
$10,709,903
$2,600,235 |
$15,742,762 |
| 27 |
$30,505,260 |
$11,247,277
$2,730,221 |
$16,527,762 |
| 28 |
$32,030,580 |
$11,811,645
$2,866,737 |
$17,352,198 |
| 29 |
$33,632,280 |
$12,404,274
$3,010,089 |
$18,217,917 |
| 30 |
$35,313,780 |
$13,026,429
$3,160,583 |
$19,126,768 |
|
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