The jackpot for the Powerball draw on Sat Nov 29, 2025, is projected to be $719 Million, with an option for a cash payout of $333.3 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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina Powerball Jackpot/Cash Option for Sat Nov 29, 2025 |
|---|
| Draw Date | Sat Nov 29, 2025 | | Projected Jackpot | $719,000,000 | | Cash Value | $333,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $333,300,000 | | Federal Tax(24%) | $79,992,000 | | Additional Federal Tax | $43,289,330 | | State Tax(6.9%) | $22,997,700 | | Net Lumpsum Payment | $187,020,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$10,821,669 |
$3,964,348
$746,695 |
$6,110,626 |
| 2 |
$11,363,076 |
$4,164,669
$784,052 |
$6,414,355 |
| 3 |
$11,931,086 |
$4,374,832
$823,245 |
$6,733,009 |
| 4 |
$12,527,856 |
$4,595,637
$864,422 |
$7,067,797 |
| 5 |
$13,154,105 |
$4,827,349
$907,633 |
$7,419,123 |
| 6 |
$13,811,990 |
$5,070,767
$953,027 |
$7,788,196 |
| 7 |
$14,502,230 |
$5,326,155
$1,000,654 |
$8,175,421 |
| 8 |
$15,227,701 |
$5,594,580
$1,050,711 |
$8,582,410 |
| 9 |
$15,989,122 |
$5,876,306
$1,103,249 |
$9,009,567 |
| 10 |
$16,788,650 |
$6,172,131
$1,158,417 |
$9,458,102 |
| 11 |
$17,627,723 |
$6,482,588
$1,216,313 |
$9,928,822 |
| 12 |
$18,509,217 |
$6,808,741
$1,277,136 |
$10,423,340 |
| 13 |
$19,434,570 |
$7,151,121
$1,340,985 |
$10,942,464 |
| 14 |
$20,406,658 |
$7,510,794
$1,408,059 |
$11,487,805 |
| 15 |
$21,426,919 |
$7,888,290
$1,478,457 |
$12,060,172 |
| 16 |
$22,498,229 |
$8,284,675
$1,552,378 |
$12,661,176 |
| 17 |
$23,622,745 |
$8,700,746
$1,629,969 |
$13,292,030 |
| 18 |
$24,804,062 |
$9,137,833
$1,711,480 |
$13,954,749 |
| 19 |
$26,044,337 |
$9,596,735
$1,797,059 |
$14,650,543 |
| 20 |
$27,346,446 |
$10,078,515
$1,886,905 |
$15,381,026 |
| 21 |
$28,713,984 |
$10,584,504
$1,981,265 |
$16,148,215 |
| 22 |
$30,149,827 |
$11,115,766
$2,080,338 |
$16,953,723 |
| 23 |
$31,656,851 |
$11,673,365
$2,184,323 |
$17,799,163 |
| 24 |
$33,240,089 |
$12,259,163
$2,293,566 |
$18,687,360 |
| 25 |
$34,901,698 |
$12,873,959
$2,408,217 |
$19,619,522 |
| 26 |
$36,647,430 |
$13,519,879
$2,528,673 |
$20,598,878 |
| 27 |
$38,479,442 |
$14,197,724
$2,655,081 |
$21,626,637 |
| 28 |
$40,403,486 |
$14,909,620
$2,787,841 |
$22,706,025 |
| 29 |
$42,423,876 |
$15,657,165
$2,927,247 |
$23,839,464 |
| 30 |
$44,544,926 |
$16,441,953
$3,073,600 |
$25,029,373 |
|
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