The jackpot for the Powerball draw on Mon Oct 20, 2025, is projected to be $304 Million, with an option for a cash payout of $144.6 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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana Powerball Jackpot/Cash Option for Mon Oct 20, 2025 |
|---|
| Draw Date | Mon Oct 20, 2025 | | Projected Jackpot | $304,000,000 | | Cash Value | $144,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $144,600,000 | | Federal Tax(24%) | $34,704,000 | | Additional Federal Tax | $18,758,330 | | State Tax(4.75%) | $6,868,500 | | Net Lumpsum Payment | $84,269,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,575,504 |
$1,653,267
$217,336 |
$2,704,901 |
| 2 |
$4,804,416 |
$1,737,964
$228,210 |
$2,838,242 |
| 3 |
$5,044,576 |
$1,826,824
$239,617 |
$2,978,135 |
| 4 |
$5,296,896 |
$1,920,182
$251,603 |
$3,125,111 |
| 5 |
$5,561,680 |
$2,018,152
$264,180 |
$3,279,348 |
| 6 |
$5,839,840 |
$2,121,071
$277,392 |
$3,441,377 |
| 7 |
$6,131,680 |
$2,229,052
$291,255 |
$3,611,373 |
| 8 |
$6,438,416 |
$2,342,544
$305,825 |
$3,790,047 |
| 9 |
$6,760,352 |
$2,461,661
$321,117 |
$3,977,574 |
| 10 |
$7,098,400 |
$2,586,738
$337,174 |
$4,174,488 |
| 11 |
$7,453,168 |
$2,718,003
$354,025 |
$4,381,140 |
| 12 |
$7,825,872 |
$2,855,903
$371,729 |
$4,598,240 |
| 13 |
$8,217,120 |
$3,000,665
$390,313 |
$4,826,142 |
| 14 |
$8,628,128 |
$3,152,738
$409,836 |
$5,065,554 |
| 15 |
$9,059,504 |
$3,312,347
$430,326 |
$5,316,831 |
| 16 |
$9,512,464 |
$3,479,942
$451,842 |
$5,580,680 |
| 17 |
$9,987,920 |
$3,655,861
$474,426 |
$5,857,633 |
| 18 |
$10,487,392 |
$3,840,665
$498,151 |
$6,148,576 |
| 19 |
$11,011,792 |
$4,034,693
$523,060 |
$6,454,039 |
| 20 |
$11,562,336 |
$4,238,395
$549,211 |
$6,774,730 |
| 21 |
$12,140,544 |
$4,452,332
$576,676 |
$7,111,536 |
| 22 |
$12,747,632 |
$4,676,954
$605,513 |
$7,465,165 |
| 23 |
$13,384,816 |
$4,912,712
$635,779 |
$7,836,325 |
| 24 |
$14,054,224 |
$5,160,393
$667,576 |
$8,226,255 |
| 25 |
$14,756,768 |
$5,420,335
$700,946 |
$8,635,487 |
| 26 |
$15,494,880 |
$5,693,436
$736,007 |
$9,065,437 |
| 27 |
$16,269,472 |
$5,980,035
$772,800 |
$9,516,637 |
| 28 |
$17,082,976 |
$6,281,032
$811,441 |
$9,990,503 |
| 29 |
$17,937,216 |
$6,597,100
$852,018 |
$10,488,098 |
| 30 |
$18,834,016 |
$6,928,916
$894,616 |
$11,010,484 |
|
|
