The jackpot for the Powerball draw on Mon Nov 3, 2025, is projected to be $419 Million, with an option for a cash payout of $198 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 Rhode Island residents, the state will deduct 5.99% from your lottery earnings.
| Rhode Island Powerball Jackpot/Cash Option for Mon Nov 3, 2025 |
|---|
| Draw Date | Mon Nov 3, 2025 | | Projected Jackpot | $419,000,000 | | Cash Value | $198,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| 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 |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
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 |
|
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