This paper describes the overvoltage analysis and reduction methods of insulation joint boxes in underground transmission power cables when direct lightning surge strikes to overhead transmission line. An actual 154kV combined transmission line with underground Power cables was modelled in ATPDraw for simulation. Simulations were performed to analyze the overvoltage between insulation joint boxes, sheath-to-ground voltage according to the distance between cable conductors, cable lengths, burying types, CCPU connection types. The most effective method to reduce the induced overvoltage of Insulation joint boxes was proposed. It is evaluated that the proposed reduction method riven from the detailed simulations can be effectively applied to the actual underground power cable systems.