The jackpot for the Powerball draw on Wed Sep 17, 2025, is projected to be $81 Million, with an option for a cash payout of $37.9 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho Powerball Jackpot/Cash Option for Wed Sep 17, 2025 |
|---|
| Draw Date | Wed Sep 17, 2025 | | Projected Jackpot | $81,000,000 | | Cash Value | $37,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $37,900,000 | | Federal Tax(24%) | $9,096,000 | | Additional Federal Tax | $4,887,330 | | State Tax(5.8%) | $2,198,200 | | Net Lumpsum Payment | $21,718,470 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,219,131 |
$411,409
$70,710 |
$737,012 |
| 2 |
$1,280,124 |
$433,976
$74,247 |
$771,901 |
| 3 |
$1,344,114 |
$457,653
$77,959 |
$808,502 |
| 4 |
$1,411,344 |
$482,528
$81,858 |
$846,958 |
| 5 |
$1,481,895 |
$508,632
$85,950 |
$887,313 |
| 6 |
$1,556,010 |
$536,054
$90,249 |
$929,707 |
| 7 |
$1,633,770 |
$564,825
$94,759 |
$974,186 |
| 8 |
$1,715,499 |
$595,065
$99,499 |
$1,020,935 |
| 9 |
$1,801,278 |
$626,803
$104,474 |
$1,070,001 |
| 10 |
$1,891,350 |
$660,130
$109,698 |
$1,121,522 |
| 11 |
$1,985,877 |
$695,105
$115,181 |
$1,175,591 |
| 12 |
$2,085,183 |
$731,848
$120,941 |
$1,232,394 |
| 13 |
$2,189,430 |
$770,419
$126,987 |
$1,292,024 |
| 14 |
$2,298,942 |
$810,939
$133,339 |
$1,354,664 |
| 15 |
$2,413,881 |
$853,466
$140,005 |
$1,420,410 |
| 16 |
$2,534,571 |
$898,122
$147,005 |
$1,489,444 |
| 17 |
$2,661,255 |
$944,995
$154,353 |
$1,561,907 |
| 18 |
$2,794,338 |
$994,235
$162,072 |
$1,638,031 |
| 19 |
$2,934,063 |
$1,045,934
$170,176 |
$1,717,953 |
| 20 |
$3,080,754 |
$1,100,209
$178,684 |
$1,801,861 |
| 21 |
$3,234,816 |
$1,157,212
$187,619 |
$1,889,985 |
| 22 |
$3,396,573 |
$1,217,062
$197,001 |
$1,982,510 |
| 23 |
$3,566,349 |
$1,279,880
$206,848 |
$2,079,621 |
| 24 |
$3,744,711 |
$1,345,873
$217,193 |
$2,181,645 |
| 25 |
$3,931,902 |
$1,415,134
$228,050 |
$2,288,718 |
| 26 |
$4,128,570 |
$1,487,901
$239,457 |
$2,401,212 |
| 27 |
$4,334,958 |
$1,564,265
$251,428 |
$2,519,265 |
| 28 |
$4,551,714 |
$1,644,465
$263,999 |
$2,643,250 |
| 29 |
$4,779,324 |
$1,728,680
$277,201 |
$2,773,443 |
| 30 |
$5,018,274 |
$1,817,092
$291,060 |
$2,910,122 |
|
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