Maine Lottery

MELottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Nov 26, 2025 is estimated to be $681 Million, with a cash option of 315.7 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Maine, your state will take 5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Maine Powerball Jackpot/Cash Option for Wed Nov 26, 2025

Draw Date	Jackpot	Cash Option
Wed Nov 26, 2025	$681,000,000	$315,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$315,700,000
Federal Tax(24%)	$75,768,000
Additional Federal Tax	$41,001,330
State Tax(5%)	$15,785,000
Net Lumpsum Payment	$183,145,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$10,249,731	-$3,752,731 -$512,487	$5,984,513
2	$10,762,524	-$3,942,464 -$538,126	$6,281,934
3	$11,300,514	-$4,141,521 -$565,026	$6,593,967
4	$11,865,744	-$4,350,656 -$593,287	$6,921,801
5	$12,458,895	-$4,570,122 -$622,945	$7,265,828
6	$13,082,010	-$4,800,674 -$654,101	$7,627,235
7	$13,735,770	-$5,042,565 -$686,789	$8,006,416
8	$14,422,899	-$5,296,803 -$721,145	$8,404,951
9	$15,144,078	-$5,563,639 -$757,204	$8,823,235
10	$15,901,350	-$5,843,830 -$795,068	$9,262,452
11	$16,696,077	-$6,137,879 -$834,804	$9,723,394
12	$17,530,983	-$6,446,794 -$876,549	$10,207,640
13	$18,407,430	-$6,771,079 -$920,372	$10,715,979
14	$19,328,142	-$7,111,743 -$966,407	$11,249,992
15	$20,294,481	-$7,469,288 -$1,014,724	$11,810,469
16	$21,309,171	-$7,844,724 -$1,065,459	$12,398,988
17	$22,374,255	-$8,238,805 -$1,118,713	$13,016,737
18	$23,493,138	-$8,652,791 -$1,174,657	$13,665,690
19	$24,667,863	-$9,087,440 -$1,233,393	$14,347,030
20	$25,901,154	-$9,543,757 -$1,295,058	$15,062,339
21	$27,196,416	-$10,023,004 -$1,359,821	$15,813,591
22	$28,556,373	-$10,526,188 -$1,427,819	$16,602,366
23	$29,983,749	-$11,054,318 -$1,499,187	$17,430,244
24	$31,483,311	-$11,609,155 -$1,574,166	$18,299,990
25	$33,057,102	-$12,191,458 -$1,652,855	$19,212,789
26	$34,710,570	-$12,803,241 -$1,735,529	$20,171,800
27	$36,445,758	-$13,445,261 -$1,822,288	$21,178,209
28	$38,268,114	-$14,119,533 -$1,913,406	$22,235,175
29	$40,181,724	-$14,827,568 -$2,009,086	$23,345,070
30	$42,190,674	-$15,570,880 -$2,109,534	$24,510,260