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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky Powerball Jackpot/Cash Option for Mon Oct 6, 2025 |
|---|
| Draw Date | Mon Oct 6, 2025 | | Projected Jackpot | $207,000,000 | | Cash Value | $96,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $96,900,000 | | Federal Tax(24%) | $23,256,000 | | Additional Federal Tax | $12,557,330 | | State Tax(4.5%) | $4,360,500 | | Net Lumpsum Payment | $56,726,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,115,557 |
$1,113,086
$140,200 |
$1,862,271 |
| 2 |
$3,271,428 |
$1,170,759
$147,214 |
$1,953,455 |
| 3 |
$3,434,958 |
$1,231,265
$154,573 |
$2,049,120 |
| 4 |
$3,606,768 |
$1,294,835
$162,305 |
$2,149,628 |
| 5 |
$3,787,065 |
$1,361,544
$170,418 |
$2,255,103 |
| 6 |
$3,976,470 |
$1,431,624
$178,941 |
$2,365,905 |
| 7 |
$4,175,190 |
$1,505,151
$187,884 |
$2,482,155 |
| 8 |
$4,384,053 |
$1,582,430
$197,282 |
$2,604,341 |
| 9 |
$4,603,266 |
$1,663,539
$207,147 |
$2,732,580 |
| 10 |
$4,833,450 |
$1,748,707
$217,505 |
$2,867,238 |
| 11 |
$5,075,019 |
$1,838,087
$228,376 |
$3,008,556 |
| 12 |
$5,328,801 |
$1,931,987
$239,796 |
$3,157,018 |
| 13 |
$5,595,210 |
$2,030,558
$251,784 |
$3,312,868 |
| 14 |
$5,875,074 |
$2,134,108
$264,378 |
$3,476,588 |
| 15 |
$6,168,807 |
$2,242,789
$277,596 |
$3,648,422 |
| 16 |
$6,477,237 |
$2,356,908
$291,476 |
$3,828,853 |
| 17 |
$6,800,985 |
$2,476,695
$306,044 |
$4,018,246 |
| 18 |
$7,141,086 |
$2,602,532
$321,349 |
$4,217,205 |
| 19 |
$7,498,161 |
$2,734,650
$337,417 |
$4,426,094 |
| 20 |
$7,873,038 |
$2,873,354
$354,287 |
$4,645,397 |
| 21 |
$8,266,752 |
$3,019,029
$372,004 |
$4,875,719 |
| 22 |
$8,680,131 |
$3,171,979
$390,606 |
$5,117,546 |
| 23 |
$9,114,003 |
$3,332,511
$410,130 |
$5,371,362 |
| 24 |
$9,569,817 |
$3,501,163
$430,642 |
$5,638,012 |
| 25 |
$10,048,194 |
$3,678,162
$452,169 |
$5,917,863 |
| 26 |
$10,550,790 |
$3,864,123
$474,786 |
$6,211,881 |
| 27 |
$11,078,226 |
$4,059,274
$498,520 |
$6,520,432 |
| 28 |
$11,632,158 |
$4,264,229
$523,447 |
$6,844,482 |
| 29 |
$12,213,828 |
$4,479,447
$549,622 |
$7,184,759 |
| 30 |
$12,824,478 |
$4,705,387
$577,102 |
$7,541,989 |
|
|
