The jackpot for the Powerball draw on Mon Oct 6, 2025, is projected to be $207 Million, with an option for a cash payout of $96.9 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
Washington DC Powerball Jackpot/Cash Option for Mon Oct 6, 2025 |
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Draw Date | Mon Oct 6, 2025 | Projected Jackpot | $207,000,000 | Cash Value | $96,900,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $96,900,000 | Federal Tax(24%) | $23,256,000 | Additional Federal Tax | $12,557,330 | State Tax(10.75%) | $10,416,750 | Net Lumpsum Payment | $50,669,920 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,115,557 |
$1,113,086 $334,922 |
$1,667,549 |
2 |
$3,271,428 |
$1,170,759 $351,679 |
$1,748,990 |
3 |
$3,434,958 |
$1,231,265 $369,258 |
$1,834,435 |
4 |
$3,606,768 |
$1,294,835 $387,728 |
$1,924,205 |
5 |
$3,787,065 |
$1,361,544 $407,109 |
$2,018,412 |
6 |
$3,976,470 |
$1,431,624 $427,471 |
$2,117,375 |
7 |
$4,175,190 |
$1,505,151 $448,833 |
$2,221,206 |
8 |
$4,384,053 |
$1,582,430 $471,286 |
$2,330,337 |
9 |
$4,603,266 |
$1,663,539 $494,851 |
$2,444,876 |
10 |
$4,833,450 |
$1,748,707 $519,596 |
$2,565,147 |
11 |
$5,075,019 |
$1,838,087 $545,565 |
$2,691,367 |
12 |
$5,328,801 |
$1,931,987 $572,846 |
$2,823,968 |
13 |
$5,595,210 |
$2,030,558 $601,485 |
$2,963,167 |
14 |
$5,875,074 |
$2,134,108 $631,570 |
$3,109,396 |
15 |
$6,168,807 |
$2,242,789 $663,147 |
$3,262,871 |
16 |
$6,477,237 |
$2,356,908 $696,303 |
$3,424,026 |
17 |
$6,800,985 |
$2,476,695 $731,106 |
$3,593,184 |
18 |
$7,141,086 |
$2,602,532 $767,667 |
$3,770,887 |
19 |
$7,498,161 |
$2,734,650 $806,052 |
$3,957,459 |
20 |
$7,873,038 |
$2,873,354 $846,352 |
$4,153,332 |
21 |
$8,266,752 |
$3,019,029 $888,676 |
$4,359,047 |
22 |
$8,680,131 |
$3,171,979 $933,114 |
$4,575,038 |
23 |
$9,114,003 |
$3,332,511 $979,755 |
$4,801,737 |
24 |
$9,569,817 |
$3,501,163 $1,028,755 |
$5,039,899 |
25 |
$10,048,194 |
$3,678,162 $1,080,181 |
$5,289,851 |
26 |
$10,550,790 |
$3,864,123 $1,134,210 |
$5,552,457 |
27 |
$11,078,226 |
$4,059,274 $1,190,909 |
$5,828,043 |
28 |
$11,632,158 |
$4,264,229 $1,250,457 |
$6,117,472 |
29 |
$12,213,828 |
$4,479,447 $1,312,987 |
$6,421,394 |
30 |
$12,824,478 |
$4,705,387 $1,378,631 |
$6,740,460 |
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