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 New York residents, the state will deduct 8.82% from your lottery earnings.
| New York 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(8.82%) | $24,484,320 | | Net Lumpsum Payment | $150,443,350 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,925,243 |
$3,262,670
$787,206 |
$4,875,367 |
| 2 |
$9,371,772 |
$3,427,886
$826,590 |
$5,117,296 |
| 3 |
$9,840,242 |
$3,601,220
$867,909 |
$5,371,113 |
| 4 |
$10,332,432 |
$3,783,330
$911,321 |
$5,637,781 |
| 5 |
$10,848,935 |
$3,974,436
$956,876 |
$5,917,623 |
| 6 |
$11,391,530 |
$4,175,196
$1,004,733 |
$6,211,601 |
| 7 |
$11,960,810 |
$4,385,830
$1,054,943 |
$6,520,037 |
| 8 |
$12,559,147 |
$4,607,215
$1,107,717 |
$6,844,215 |
| 9 |
$13,187,134 |
$4,839,570
$1,163,105 |
$7,184,459 |
| 10 |
$13,846,550 |
$5,083,554
$1,221,266 |
$7,541,730 |
| 11 |
$14,538,581 |
$5,339,605
$1,282,303 |
$7,916,673 |
| 12 |
$15,265,599 |
$5,608,602
$1,346,426 |
$8,310,571 |
| 13 |
$16,028,790 |
$5,890,983
$1,413,739 |
$8,724,068 |
| 14 |
$16,830,526 |
$6,187,625
$1,484,452 |
$9,158,449 |
| 15 |
$17,671,993 |
$6,498,968
$1,558,670 |
$9,614,355 |
| 16 |
$18,555,563 |
$6,825,889
$1,636,601 |
$10,093,073 |
| 17 |
$19,483,015 |
$7,169,046
$1,718,402 |
$10,595,567 |
| 18 |
$20,457,314 |
$7,529,537
$1,804,335 |
$11,123,442 |
| 19 |
$21,480,239 |
$7,908,019
$1,894,557 |
$11,677,663 |
| 20 |
$22,554,162 |
$8,305,370
$1,989,277 |
$12,259,515 |
| 21 |
$23,682,048 |
$8,722,688
$2,088,757 |
$12,870,603 |
| 22 |
$24,866,269 |
$9,160,850
$2,193,205 |
$13,512,214 |
| 23 |
$26,109,197 |
$9,620,733
$2,302,831 |
$14,185,633 |
| 24 |
$27,414,983 |
$10,103,874
$2,418,002 |
$14,893,107 |
| 25 |
$28,785,406 |
$10,610,931
$2,538,873 |
$15,635,602 |
| 26 |
$30,225,210 |
$11,143,658
$2,665,864 |
$16,415,688 |
| 27 |
$31,736,174 |
$11,702,715
$2,799,131 |
$17,234,328 |
| 28 |
$33,323,042 |
$12,289,856
$2,939,092 |
$18,094,094 |
| 29 |
$34,989,372 |
$12,906,398
$3,086,063 |
$18,996,911 |
| 30 |
$36,738,722 |
$13,553,658
$3,240,355 |
$19,944,709 |
|
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