Rhode Island Lottery

RILottery 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 Rhode Island, your state will take 5.99% 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.

Rhode Island 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(5.99%)	$12,399,300
Net Lumpsum Payment	$118,050,370

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,592,338	-$2,399,495 -$394,881	$3,797,962
2	$6,922,152	-$2,521,527 -$414,637	$3,985,988
3	$7,268,172	-$2,649,554 -$435,364	$4,183,254
4	$7,631,712	-$2,784,064 -$457,140	$4,390,508
5	$8,013,210	-$2,925,218 -$479,991	$4,608,001
6	$8,413,980	-$3,073,503 -$503,997	$4,836,480
7	$8,834,460	-$3,229,081 -$529,184	$5,076,195
8	$9,276,402	-$3,392,599 -$555,656	$5,328,147
9	$9,740,244	-$3,564,221 -$583,441	$5,592,582
10	$10,227,300	-$3,744,431 -$612,615	$5,870,254
11	$10,738,446	-$3,933,555 -$643,233	$6,161,658
12	$11,275,434	-$4,132,241 -$675,398	$6,467,795
13	$11,839,140	-$4,340,812 -$709,164	$6,789,164
14	$12,431,316	-$4,559,917 -$744,636	$7,126,763
15	$13,052,838	-$4,789,880 -$781,865	$7,481,093
16	$13,705,458	-$5,031,350 -$820,957	$7,853,151
17	$14,390,490	-$5,284,812 -$861,990	$8,243,688
18	$15,110,124	-$5,551,076 -$905,096	$8,653,952
19	$15,865,674	-$5,830,630 -$950,354	$9,084,690
20	$16,658,892	-$6,124,120 -$997,868	$9,536,904
21	$17,491,968	-$6,432,359 -$1,047,769	$10,011,840
22	$18,366,654	-$6,755,992 -$1,100,163	$10,510,499
23	$19,284,702	-$7,095,670 -$1,155,154	$11,033,878
24	$20,249,178	-$7,452,526 -$1,212,926	$11,583,726
25	$21,261,396	-$7,827,047 -$1,273,558	$12,160,791
26	$22,324,860	-$8,220,529 -$1,337,259	$12,767,072
27	$23,440,884	-$8,633,457 -$1,404,109	$13,403,318
28	$24,612,972	-$9,067,130 -$1,474,317	$14,071,525
29	$25,843,752	-$9,522,519 -$1,548,041	$14,773,192
30	$27,135,852	-$10,000,596 -$1,625,438	$15,509,818