The jackpot for the Powerball draw on Wed Nov 19, 2025, is projected to be $593 Million, with an option for a cash payout of $277.6 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 Minnesota residents, the state will deduct 7.25% from your lottery earnings.
| Minnesota Powerball Jackpot/Cash Option for Wed Nov 19, 2025 |
|---|
| Draw Date | Wed Nov 19, 2025 | | Projected Jackpot | $593,000,000 | | Cash Value | $277,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $277,600,000 | | Federal Tax(24%) | $66,624,000 | | Additional Federal Tax | $36,048,330 | | State Tax(7.25%) | $20,126,000 | | Net Lumpsum Payment | $154,801,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,925,243 |
$3,262,670
$647,080 |
$5,015,493 |
| 2 |
$9,371,772 |
$3,427,886
$679,453 |
$5,264,433 |
| 3 |
$9,840,242 |
$3,601,220
$713,418 |
$5,525,604 |
| 4 |
$10,332,432 |
$3,783,330
$749,101 |
$5,800,001 |
| 5 |
$10,848,935 |
$3,974,436
$786,548 |
$6,087,951 |
| 6 |
$11,391,530 |
$4,175,196
$825,886 |
$6,390,448 |
| 7 |
$11,960,810 |
$4,385,830
$867,159 |
$6,707,821 |
| 8 |
$12,559,147 |
$4,607,215
$910,538 |
$7,041,394 |
| 9 |
$13,187,134 |
$4,839,570
$956,067 |
$7,391,497 |
| 10 |
$13,846,550 |
$5,083,554
$1,003,875 |
$7,759,121 |
| 11 |
$14,538,581 |
$5,339,605
$1,054,047 |
$8,144,929 |
| 12 |
$15,265,599 |
$5,608,602
$1,106,756 |
$8,550,241 |
| 13 |
$16,028,790 |
$5,890,983
$1,162,087 |
$8,975,720 |
| 14 |
$16,830,526 |
$6,187,625
$1,220,213 |
$9,422,688 |
| 15 |
$17,671,993 |
$6,498,968
$1,281,219 |
$9,891,806 |
| 16 |
$18,555,563 |
$6,825,889
$1,345,278 |
$10,384,396 |
| 17 |
$19,483,015 |
$7,169,046
$1,412,519 |
$10,901,450 |
| 18 |
$20,457,314 |
$7,529,537
$1,483,155 |
$11,444,622 |
| 19 |
$21,480,239 |
$7,908,019
$1,557,317 |
$12,014,903 |
| 20 |
$22,554,162 |
$8,305,370
$1,635,177 |
$12,613,615 |
| 21 |
$23,682,048 |
$8,722,688
$1,716,948 |
$13,242,412 |
| 22 |
$24,866,269 |
$9,160,850
$1,802,805 |
$13,902,614 |
| 23 |
$26,109,197 |
$9,620,733
$1,892,917 |
$14,595,547 |
| 24 |
$27,414,983 |
$10,103,874
$1,987,586 |
$15,323,523 |
| 25 |
$28,785,406 |
$10,610,931
$2,086,942 |
$16,087,533 |
| 26 |
$30,225,210 |
$11,143,658
$2,191,328 |
$16,890,224 |
| 27 |
$31,736,174 |
$11,702,715
$2,300,873 |
$17,732,586 |
| 28 |
$33,323,042 |
$12,289,856
$2,415,921 |
$18,617,265 |
| 29 |
$34,989,372 |
$12,906,398
$2,536,729 |
$19,546,245 |
| 30 |
$36,738,722 |
$13,553,658
$2,663,557 |
$20,521,507 |
|
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