The jackpot for the Powerball draw on Sat Nov 8, 2025, is projected to be $467 Million, with an option for a cash payout of $220.7 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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky Powerball Jackpot/Cash Option for Sat Nov 8, 2025 |
|---|
| Draw Date | Sat Nov 8, 2025 | | Projected Jackpot | $467,000,000 | | Cash Value | $220,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $220,700,000 | | Federal Tax(24%) | $52,968,000 | | Additional Federal Tax | $28,651,330 | | State Tax(4.5%) | $9,931,500 | | Net Lumpsum Payment | $129,149,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,028,817 |
$2,560,993
$316,297 |
$4,151,527 |
| 2 |
$7,380,468 |
$2,691,104
$332,121 |
$4,357,243 |
| 3 |
$7,749,398 |
$2,827,608
$348,723 |
$4,573,067 |
| 4 |
$8,137,008 |
$2,971,023
$366,165 |
$4,799,820 |
| 5 |
$8,543,765 |
$3,121,523
$384,469 |
$5,037,773 |
| 6 |
$8,971,070 |
$3,279,626
$403,698 |
$5,287,746 |
| 7 |
$9,419,390 |
$3,445,505
$423,873 |
$5,550,012 |
| 8 |
$9,890,593 |
$3,619,850
$445,077 |
$5,825,666 |
| 9 |
$10,385,146 |
$3,802,834
$467,332 |
$6,114,980 |
| 10 |
$10,904,450 |
$3,994,977
$490,700 |
$6,418,773 |
| 11 |
$11,449,439 |
$4,196,623
$515,225 |
$6,737,591 |
| 12 |
$12,021,981 |
$4,408,463
$540,989 |
$7,072,529 |
| 13 |
$12,623,010 |
$4,630,844
$568,035 |
$7,424,131 |
| 14 |
$13,254,394 |
$4,864,456
$596,448 |
$7,793,490 |
| 15 |
$13,917,067 |
$5,109,645
$626,268 |
$8,181,154 |
| 16 |
$14,612,897 |
$5,367,102
$657,580 |
$8,588,215 |
| 17 |
$15,343,285 |
$5,637,346
$690,448 |
$9,015,491 |
| 18 |
$16,110,566 |
$5,921,240
$724,975 |
$9,464,351 |
| 19 |
$16,916,141 |
$6,219,303
$761,226 |
$9,935,612 |
| 20 |
$17,761,878 |
$6,532,225
$799,285 |
$10,430,368 |
| 21 |
$18,650,112 |
$6,860,872
$839,255 |
$10,949,985 |
| 22 |
$19,582,711 |
$7,205,933
$881,222 |
$11,495,556 |
| 23 |
$20,561,543 |
$7,568,101
$925,269 |
$12,068,173 |
| 24 |
$21,589,877 |
$7,948,585
$971,544 |
$12,669,748 |
| 25 |
$22,669,114 |
$8,347,903
$1,020,110 |
$13,301,101 |
| 26 |
$23,802,990 |
$8,767,437
$1,071,135 |
$13,964,418 |
| 27 |
$24,992,906 |
$9,207,706
$1,124,681 |
$14,660,519 |
| 28 |
$26,242,598 |
$9,670,092
$1,180,917 |
$15,391,589 |
| 29 |
$27,554,868 |
$10,155,632
$1,239,969 |
$16,159,267 |
| 30 |
$28,932,518 |
$10,665,362
$1,301,963 |
$16,965,193 |
|
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