The jackpot for the Powerball draw on Sat Nov 15, 2025, is projected to be $546 Million, with an option for a cash payout of $255 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 Sat Nov 15, 2025 |
|---|
| Draw Date | Sat Nov 15, 2025 | | Projected Jackpot | $546,000,000 | | Cash Value | $255,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $255,000,000 | | Federal Tax(24%) | $61,200,000 | | Additional Federal Tax | $33,110,330 | | State Tax(8.95%) | $22,822,500 | | Net Lumpsum Payment | $137,867,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,217,846 |
$3,000,933
$735,497 |
$4,481,416 |
| 2 |
$8,628,984 |
$3,153,054
$772,294 |
$4,703,636 |
| 3 |
$9,060,324 |
$3,312,650
$810,899 |
$4,936,775 |
| 4 |
$9,513,504 |
$3,480,327
$851,459 |
$5,181,718 |
| 5 |
$9,989,070 |
$3,656,286
$894,022 |
$5,438,762 |
| 6 |
$10,488,660 |
$3,841,135
$938,735 |
$5,708,790 |
| 7 |
$11,012,820 |
$4,035,074
$985,647 |
$5,992,099 |
| 8 |
$11,563,734 |
$4,238,912
$1,034,954 |
$6,289,868 |
| 9 |
$12,141,948 |
$4,452,851
$1,086,704 |
$6,602,393 |
| 10 |
$12,749,100 |
$4,677,497
$1,141,044 |
$6,930,559 |
| 11 |
$13,386,282 |
$4,913,255
$1,198,072 |
$7,274,955 |
| 12 |
$14,055,678 |
$5,160,931
$1,257,983 |
$7,636,764 |
| 13 |
$14,758,380 |
$5,420,931
$1,320,875 |
$8,016,574 |
| 14 |
$15,496,572 |
$5,694,062
$1,386,943 |
$8,415,567 |
| 15 |
$16,271,346 |
$5,980,728
$1,456,285 |
$8,834,333 |
| 16 |
$17,084,886 |
$6,281,738
$1,529,097 |
$9,274,051 |
| 17 |
$17,938,830 |
$6,597,697
$1,605,525 |
$9,735,608 |
| 18 |
$18,835,908 |
$6,929,616
$1,685,814 |
$10,220,478 |
| 19 |
$19,777,758 |
$7,278,101
$1,770,109 |
$10,729,548 |
| 20 |
$20,766,564 |
$7,643,959
$1,858,607 |
$11,263,998 |
| 21 |
$21,805,056 |
$8,028,201
$1,951,553 |
$11,825,302 |
| 22 |
$22,895,418 |
$8,431,635
$2,049,140 |
$12,414,643 |
| 23 |
$24,039,834 |
$8,855,069
$2,151,565 |
$13,033,200 |
| 24 |
$25,242,126 |
$9,299,917
$2,259,170 |
$13,683,039 |
| 25 |
$26,503,932 |
$9,766,785
$2,372,102 |
$14,365,045 |
| 26 |
$27,829,620 |
$10,257,290
$2,490,751 |
$15,081,579 |
| 27 |
$29,220,828 |
$10,772,037
$2,615,264 |
$15,833,527 |
| 28 |
$30,681,924 |
$11,312,642
$2,746,032 |
$16,623,250 |
| 29 |
$32,216,184 |
$11,880,318
$2,883,348 |
$17,452,518 |
| 30 |
$33,826,884 |
$12,476,277
$3,027,506 |
$18,323,101 |
|
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