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 Missouri residents, the state will deduct 4% from your lottery earnings.
Missouri Powerball Jackpot/Cash Option for Mon Oct 20, 2025 |
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Draw Date | Mon Oct 20, 2025 | Projected Jackpot | $304,000,000 | Cash Value | $144,600,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $144,600,000 | Federal Tax(24%) | $34,704,000 | Additional Federal Tax | $18,758,330 | State Tax(4%) | $5,784,000 | Net Lumpsum Payment | $85,353,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$4,575,504 |
$1,653,267 $183,020 |
$2,739,217 |
2 |
$4,804,416 |
$1,737,964 $192,177 |
$2,874,275 |
3 |
$5,044,576 |
$1,826,824 $201,783 |
$3,015,969 |
4 |
$5,296,896 |
$1,920,182 $211,876 |
$3,164,838 |
5 |
$5,561,680 |
$2,018,152 $222,467 |
$3,321,061 |
6 |
$5,839,840 |
$2,121,071 $233,594 |
$3,485,175 |
7 |
$6,131,680 |
$2,229,052 $245,267 |
$3,657,361 |
8 |
$6,438,416 |
$2,342,544 $257,537 |
$3,838,335 |
9 |
$6,760,352 |
$2,461,661 $270,414 |
$4,028,277 |
10 |
$7,098,400 |
$2,586,738 $283,936 |
$4,227,726 |
11 |
$7,453,168 |
$2,718,003 $298,127 |
$4,437,038 |
12 |
$7,825,872 |
$2,855,903 $313,035 |
$4,656,934 |
13 |
$8,217,120 |
$3,000,665 $328,685 |
$4,887,770 |
14 |
$8,628,128 |
$3,152,738 $345,125 |
$5,130,265 |
15 |
$9,059,504 |
$3,312,347 $362,380 |
$5,384,777 |
16 |
$9,512,464 |
$3,479,942 $380,499 |
$5,652,023 |
17 |
$9,987,920 |
$3,655,861 $399,517 |
$5,932,542 |
18 |
$10,487,392 |
$3,840,665 $419,496 |
$6,227,231 |
19 |
$11,011,792 |
$4,034,693 $440,472 |
$6,536,627 |
20 |
$11,562,336 |
$4,238,395 $462,493 |
$6,861,448 |
21 |
$12,140,544 |
$4,452,332 $485,622 |
$7,202,590 |
22 |
$12,747,632 |
$4,676,954 $509,905 |
$7,560,773 |
23 |
$13,384,816 |
$4,912,712 $535,393 |
$7,936,711 |
24 |
$14,054,224 |
$5,160,393 $562,169 |
$8,331,662 |
25 |
$14,756,768 |
$5,420,335 $590,271 |
$8,746,162 |
26 |
$15,494,880 |
$5,693,436 $619,795 |
$9,181,649 |
27 |
$16,269,472 |
$5,980,035 $650,779 |
$9,638,658 |
28 |
$17,082,976 |
$6,281,032 $683,319 |
$10,118,625 |
29 |
$17,937,216 |
$6,597,100 $717,489 |
$10,622,627 |
30 |
$18,834,016 |
$6,928,916 $753,361 |
$11,151,739 |
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