Maine Lottery

MELottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Nov 5, 2025 is estimated to be $438 Million, with a cash option of 207 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 5, 2025

Draw Date	Jackpot	Cash Option
Wed Nov 5, 2025	$438,000,000	$207,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$207,000,000
Federal Tax(24%)	$49,680,000
Additional Federal Tax	$26,870,330
State Tax(5%)	$10,350,000
Net Lumpsum Payment	$120,099,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,592,338	-$2,399,495 -$329,617	$3,863,226
2	$6,922,152	-$2,521,527 -$346,108	$4,054,517
3	$7,268,172	-$2,649,554 -$363,409	$4,255,209
4	$7,631,712	-$2,784,064 -$381,586	$4,466,062
5	$8,013,210	-$2,925,218 -$400,661	$4,687,331
6	$8,413,980	-$3,073,503 -$420,699	$4,919,778
7	$8,834,460	-$3,229,081 -$441,723	$5,163,656
8	$9,276,402	-$3,392,599 -$463,820	$5,419,983
9	$9,740,244	-$3,564,221 -$487,012	$5,689,011
10	$10,227,300	-$3,744,431 -$511,365	$5,971,504
11	$10,738,446	-$3,933,555 -$536,922	$6,267,969
12	$11,275,434	-$4,132,241 -$563,772	$6,579,421
13	$11,839,140	-$4,340,812 -$591,957	$6,906,371
14	$12,431,316	-$4,559,917 -$621,566	$7,249,833
15	$13,052,838	-$4,789,880 -$652,642	$7,610,316
16	$13,705,458	-$5,031,350 -$685,273	$7,988,835
17	$14,390,490	-$5,284,812 -$719,525	$8,386,153
18	$15,110,124	-$5,551,076 -$755,506	$8,803,542
19	$15,865,674	-$5,830,630 -$793,284	$9,241,760
20	$16,658,892	-$6,124,120 -$832,945	$9,701,827
21	$17,491,968	-$6,432,359 -$874,598	$10,185,011
22	$18,366,654	-$6,755,992 -$918,333	$10,692,329
23	$19,284,702	-$7,095,670 -$964,235	$11,224,797
24	$20,249,178	-$7,452,526 -$1,012,459	$11,784,193
25	$21,261,396	-$7,827,047 -$1,063,070	$12,371,279
26	$22,324,860	-$8,220,529 -$1,116,243	$12,988,088
27	$23,440,884	-$8,633,457 -$1,172,044	$13,635,383
28	$24,612,972	-$9,067,130 -$1,230,649	$14,315,193
29	$25,843,752	-$9,522,519 -$1,292,188	$15,029,045
30	$27,135,852	-$10,000,596 -$1,356,793	$15,778,463