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 Missouri residents, the state will deduct 4% from your lottery earnings.
Missouri Powerball Jackpot/Cash Option for Wed Sep 17, 2025 |
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Draw Date | Wed Sep 17, 2025 | Projected Jackpot | $81,000,000 | Cash Value | $37,900,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $37,900,000 | Federal Tax(24%) | $9,096,000 | Additional Federal Tax | $4,887,330 | State Tax(4%) | $1,516,000 | Net Lumpsum Payment | $22,400,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$1,219,131 |
$411,409 $48,765 |
$758,957 |
2 |
$1,280,124 |
$433,976 $51,205 |
$794,943 |
3 |
$1,344,114 |
$457,653 $53,765 |
$832,696 |
4 |
$1,411,344 |
$482,528 $56,454 |
$872,362 |
5 |
$1,481,895 |
$508,632 $59,276 |
$913,987 |
6 |
$1,556,010 |
$536,054 $62,240 |
$957,716 |
7 |
$1,633,770 |
$564,825 $65,351 |
$1,003,594 |
8 |
$1,715,499 |
$595,065 $68,620 |
$1,051,814 |
9 |
$1,801,278 |
$626,803 $72,051 |
$1,102,424 |
10 |
$1,891,350 |
$660,130 $75,654 |
$1,155,566 |
11 |
$1,985,877 |
$695,105 $79,435 |
$1,211,337 |
12 |
$2,085,183 |
$731,848 $83,407 |
$1,269,928 |
13 |
$2,189,430 |
$770,419 $87,577 |
$1,331,434 |
14 |
$2,298,942 |
$810,939 $91,958 |
$1,396,045 |
15 |
$2,413,881 |
$853,466 $96,555 |
$1,463,860 |
16 |
$2,534,571 |
$898,122 $101,383 |
$1,535,066 |
17 |
$2,661,255 |
$944,995 $106,450 |
$1,609,810 |
18 |
$2,794,338 |
$994,235 $111,774 |
$1,688,329 |
19 |
$2,934,063 |
$1,045,934 $117,363 |
$1,770,766 |
20 |
$3,080,754 |
$1,100,209 $123,230 |
$1,857,315 |
21 |
$3,234,816 |
$1,157,212 $129,393 |
$1,948,211 |
22 |
$3,396,573 |
$1,217,062 $135,863 |
$2,043,648 |
23 |
$3,566,349 |
$1,279,880 $142,654 |
$2,143,815 |
24 |
$3,744,711 |
$1,345,873 $149,788 |
$2,249,050 |
25 |
$3,931,902 |
$1,415,134 $157,276 |
$2,359,492 |
26 |
$4,128,570 |
$1,487,901 $165,143 |
$2,475,526 |
27 |
$4,334,958 |
$1,564,265 $173,398 |
$2,597,295 |
28 |
$4,551,714 |
$1,644,465 $182,069 |
$2,725,180 |
29 |
$4,779,324 |
$1,728,680 $191,173 |
$2,859,471 |
30 |
$5,018,274 |
$1,817,092 $200,731 |
$3,000,451 |
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