The jackpot for the Powerball draw on Sat Oct 11, 2025, is projected to be $244 Million, with an option for a cash payout of $114.2 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
Idaho Powerball Jackpot/Cash Option for Sat Oct 11, 2025 |
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Draw Date | Sat Oct 11, 2025 | Projected Jackpot | $244,000,000 | Cash Value | $114,200,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $114,200,000 | Federal Tax(24%) | $27,408,000 | Additional Federal Tax | $14,806,330 | State Tax(5.8%) | $6,623,600 | Net Lumpsum Payment | $65,362,070 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,672,444 |
$1,319,135 $213,002 |
$2,140,307 |
2 |
$3,856,176 |
$1,387,116 $223,658 |
$2,245,402 |
3 |
$4,048,936 |
$1,458,437 $234,838 |
$2,355,661 |
4 |
$4,251,456 |
$1,533,369 $246,584 |
$2,471,503 |
5 |
$4,463,980 |
$1,612,003 $258,911 |
$2,593,066 |
6 |
$4,687,240 |
$1,694,609 $271,860 |
$2,720,771 |
7 |
$4,921,480 |
$1,781,278 $285,446 |
$2,854,756 |
8 |
$5,167,676 |
$1,872,371 $299,725 |
$2,995,580 |
9 |
$5,426,072 |
$1,967,977 $314,712 |
$3,143,383 |
10 |
$5,697,400 |
$2,068,368 $330,449 |
$3,298,583 |
11 |
$5,982,148 |
$2,173,725 $346,965 |
$3,461,458 |
12 |
$6,281,292 |
$2,284,408 $364,315 |
$3,632,569 |
13 |
$6,595,320 |
$2,400,599 $382,529 |
$3,812,192 |
14 |
$6,925,208 |
$2,522,657 $401,662 |
$4,000,889 |
15 |
$7,271,444 |
$2,650,765 $421,744 |
$4,198,935 |
16 |
$7,635,004 |
$2,785,282 $442,830 |
$4,406,892 |
17 |
$8,016,620 |
$2,926,480 $464,964 |
$4,625,176 |
18 |
$8,417,512 |
$3,074,810 $488,216 |
$4,854,486 |
19 |
$8,838,412 |
$3,230,543 $512,628 |
$5,095,241 |
20 |
$9,280,296 |
$3,394,040 $538,257 |
$5,347,999 |
21 |
$9,744,384 |
$3,565,752 $565,174 |
$5,613,458 |
22 |
$10,231,652 |
$3,746,042 $593,436 |
$5,892,174 |
23 |
$10,743,076 |
$3,935,269 $623,098 |
$6,184,709 |
24 |
$11,280,364 |
$4,134,065 $654,261 |
$6,492,038 |
25 |
$11,844,248 |
$4,342,702 $686,966 |
$6,814,580 |
26 |
$12,436,680 |
$4,561,902 $721,327 |
$7,153,451 |
27 |
$13,058,392 |
$4,791,935 $757,387 |
$7,509,070 |
28 |
$13,711,336 |
$5,033,525 $795,257 |
$7,882,554 |
29 |
$14,396,976 |
$5,287,212 $835,025 |
$8,274,739 |
30 |
$15,116,776 |
$5,553,538 $876,773 |
$8,686,465 |
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