The jackpot for the Powerball draw on Wed Oct 29, 2025, is projected to be $376 Million, with an option for a cash payout of $179.3 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania Powerball Jackpot/Cash Option for Wed Oct 29, 2025 |
|---|
| Draw Date | Wed Oct 29, 2025 | | Projected Jackpot | $376,000,000 | | Cash Value | $179,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $179,300,000 | | Federal Tax(24%) | $43,032,000 | | Additional Federal Tax | $23,269,330 | | State Tax(3.07%) | $5,504,510 | | Net Lumpsum Payment | $107,494,160 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,659,176 |
$2,054,226
$173,737 |
$3,431,213 |
| 2 |
$5,942,304 |
$2,158,983
$182,429 |
$3,600,892 |
| 3 |
$6,239,344 |
$2,268,888
$191,548 |
$3,778,908 |
| 4 |
$6,551,424 |
$2,384,357
$201,129 |
$3,965,938 |
| 5 |
$6,878,920 |
$2,505,531
$211,183 |
$4,162,206 |
| 6 |
$7,222,960 |
$2,632,826
$221,745 |
$4,368,389 |
| 7 |
$7,583,920 |
$2,766,381
$232,826 |
$4,584,713 |
| 8 |
$7,963,304 |
$2,906,753
$244,473 |
$4,812,078 |
| 9 |
$8,361,488 |
$3,054,081
$256,698 |
$5,050,709 |
| 10 |
$8,779,600 |
$3,208,782
$269,534 |
$5,301,284 |
| 11 |
$9,218,392 |
$3,371,135
$283,005 |
$5,564,252 |
| 12 |
$9,679,368 |
$3,541,697
$297,157 |
$5,840,514 |
| 13 |
$10,163,280 |
$3,720,744
$312,013 |
$6,130,523 |
| 14 |
$10,671,632 |
$3,908,834
$327,619 |
$6,435,179 |
| 15 |
$11,205,176 |
$4,106,246
$343,999 |
$6,754,931 |
| 16 |
$11,765,416 |
$4,313,534
$361,198 |
$7,090,684 |
| 17 |
$12,353,480 |
$4,531,118
$379,252 |
$7,443,110 |
| 18 |
$12,971,248 |
$4,759,692
$398,217 |
$7,813,339 |
| 19 |
$13,619,848 |
$4,999,674
$418,129 |
$8,202,045 |
| 20 |
$14,300,784 |
$5,251,620
$439,034 |
$8,610,130 |
| 21 |
$15,015,936 |
$5,516,227
$460,989 |
$9,038,720 |
| 22 |
$15,766,808 |
$5,794,049
$484,041 |
$9,488,718 |
| 23 |
$16,554,904 |
$6,085,645
$508,236 |
$9,961,023 |
| 24 |
$17,382,856 |
$6,391,987
$533,654 |
$10,457,215 |
| 25 |
$18,251,792 |
$6,713,493
$560,330 |
$10,977,969 |
| 26 |
$19,164,720 |
$7,051,277
$588,357 |
$11,525,086 |
| 27 |
$20,122,768 |
$7,405,755
$617,769 |
$12,099,244 |
| 28 |
$21,128,944 |
$7,778,040
$648,659 |
$12,702,245 |
| 29 |
$22,185,504 |
$8,168,967
$681,095 |
$13,335,442 |
| 30 |
$23,294,704 |
$8,579,371
$715,147 |
$14,000,186 |
|
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