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 West Virginia residents, the state will deduct 6.5% from your lottery earnings.
| West Virginia 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(6.5%) | $2,463,500 | | Net Lumpsum Payment | $21,453,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,219,131 |
$411,409
$79,244 |
$728,478 |
| 2 |
$1,280,124 |
$433,976
$83,208 |
$762,940 |
| 3 |
$1,344,114 |
$457,653
$87,367 |
$799,094 |
| 4 |
$1,411,344 |
$482,528
$91,737 |
$837,079 |
| 5 |
$1,481,895 |
$508,632
$96,323 |
$876,940 |
| 6 |
$1,556,010 |
$536,054
$101,141 |
$918,815 |
| 7 |
$1,633,770 |
$564,825
$106,195 |
$962,750 |
| 8 |
$1,715,499 |
$595,065
$111,507 |
$1,008,927 |
| 9 |
$1,801,278 |
$626,803
$117,083 |
$1,057,392 |
| 10 |
$1,891,350 |
$660,130
$122,938 |
$1,108,282 |
| 11 |
$1,985,877 |
$695,105
$129,082 |
$1,161,690 |
| 12 |
$2,085,183 |
$731,848
$135,537 |
$1,217,798 |
| 13 |
$2,189,430 |
$770,419
$142,313 |
$1,276,698 |
| 14 |
$2,298,942 |
$810,939
$149,431 |
$1,338,572 |
| 15 |
$2,413,881 |
$853,466
$156,902 |
$1,403,513 |
| 16 |
$2,534,571 |
$898,122
$164,747 |
$1,471,702 |
| 17 |
$2,661,255 |
$944,995
$172,982 |
$1,543,278 |
| 18 |
$2,794,338 |
$994,235
$181,632 |
$1,618,471 |
| 19 |
$2,934,063 |
$1,045,934
$190,714 |
$1,697,415 |
| 20 |
$3,080,754 |
$1,100,209
$200,249 |
$1,780,296 |
| 21 |
$3,234,816 |
$1,157,212
$210,263 |
$1,867,341 |
| 22 |
$3,396,573 |
$1,217,062
$220,777 |
$1,958,734 |
| 23 |
$3,566,349 |
$1,279,880
$231,813 |
$2,054,656 |
| 24 |
$3,744,711 |
$1,345,873
$243,406 |
$2,155,432 |
| 25 |
$3,931,902 |
$1,415,134
$255,574 |
$2,261,194 |
| 26 |
$4,128,570 |
$1,487,901
$268,357 |
$2,372,312 |
| 27 |
$4,334,958 |
$1,564,265
$281,772 |
$2,488,921 |
| 28 |
$4,551,714 |
$1,644,465
$295,861 |
$2,611,388 |
| 29 |
$4,779,324 |
$1,728,680
$310,656 |
$2,739,988 |
| 30 |
$5,018,274 |
$1,817,092
$326,188 |
$2,874,994 |
|
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