The jackpot for the Powerball draw on Sat Nov 1, 2025, is projected to be $400 Million, with an option for a cash payout of $190.7 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 1, 2025 |
|---|
| Draw Date | Sat Nov 1, 2025 | | Projected Jackpot | $400,000,000 | | Cash Value | $190,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $190,700,000 | | Federal Tax(24%) | $45,768,000 | | Additional Federal Tax | $24,751,330 | | State Tax(4.5%) | $8,581,500 | | Net Lumpsum Payment | $111,599,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,020,400 |
$2,187,878
$270,918 |
$3,561,604 |
| 2 |
$6,321,600 |
$2,299,322
$284,472 |
$3,737,806 |
| 3 |
$6,637,600 |
$2,416,242
$298,692 |
$3,922,666 |
| 4 |
$6,969,600 |
$2,539,082
$313,632 |
$4,116,886 |
| 5 |
$7,318,000 |
$2,667,990
$329,310 |
$4,320,700 |
| 6 |
$7,684,000 |
$2,803,410
$345,780 |
$4,534,810 |
| 7 |
$8,068,000 |
$2,945,490
$363,060 |
$4,759,450 |
| 8 |
$8,471,600 |
$3,094,822
$381,222 |
$4,995,556 |
| 9 |
$8,895,200 |
$3,251,554
$400,284 |
$5,243,362 |
| 10 |
$9,340,000 |
$3,416,130
$420,300 |
$5,503,570 |
| 11 |
$9,806,800 |
$3,588,846
$441,306 |
$5,776,648 |
| 12 |
$10,297,200 |
$3,770,294
$463,374 |
$6,063,532 |
| 13 |
$10,812,000 |
$3,960,770
$486,540 |
$6,364,690 |
| 14 |
$11,352,800 |
$4,160,866
$510,876 |
$6,681,058 |
| 15 |
$11,920,400 |
$4,370,878
$536,418 |
$7,013,104 |
| 16 |
$12,516,400 |
$4,591,398
$563,238 |
$7,361,764 |
| 17 |
$13,142,000 |
$4,822,870
$591,390 |
$7,727,740 |
| 18 |
$13,799,200 |
$5,066,034
$620,964 |
$8,112,202 |
| 19 |
$14,489,200 |
$5,321,334
$652,014 |
$8,515,852 |
| 20 |
$15,213,600 |
$5,589,362
$684,612 |
$8,939,626 |
| 21 |
$15,974,400 |
$5,870,858
$718,848 |
$9,384,694 |
| 22 |
$16,773,200 |
$6,166,414
$754,794 |
$9,851,992 |
| 23 |
$17,611,600 |
$6,476,622
$792,522 |
$10,342,456 |
| 24 |
$18,492,400 |
$6,802,518
$832,158 |
$10,857,724 |
| 25 |
$19,416,800 |
$7,144,546
$873,756 |
$11,398,498 |
| 26 |
$20,388,000 |
$7,503,890
$917,460 |
$11,966,650 |
| 27 |
$21,407,200 |
$7,880,994
$963,324 |
$12,562,882 |
| 28 |
$22,477,600 |
$8,277,042
$1,011,492 |
$13,189,066 |
| 29 |
$23,601,600 |
$8,692,922
$1,062,072 |
$13,846,606 |
| 30 |
$24,781,600 |
$9,129,522
$1,115,172 |
$14,536,906 |
|
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