Jackpot Analysis Maryland Powerball

Jackpot Analysis for Maryland Powerball
The jackpot for the Powerball draw on Sat Oct 25, 2025, is projected to be $344 Million, with an option for a cash payout of $163.7 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 Maryland residents, the state will deduct 8.95% from your lottery earnings.

Maryland Powerball Jackpot/Cash Option for Sat Oct 25, 2025
Draw DateSat Oct 25, 2025
Projected Jackpot$344,000,000
Cash Value$163,700,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$163,700,000
Federal Tax(24%)$39,288,000
Additional Federal Tax$21,241,330
State Tax(8.95%)$14,651,150
Net Lumpsum Payment$88,519,520
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $5,177,544 $1,876,022
$463,390
$2,838,132
2 $5,436,576 $1,971,864
$486,574
$2,978,138
3 $5,708,336 $2,072,415
$510,896
$3,125,025
4 $5,993,856 $2,178,057
$536,450
$3,279,349
5 $6,293,480 $2,288,918
$563,266
$3,441,296
6 $6,608,240 $2,405,379
$591,437
$3,611,424
7 $6,938,480 $2,527,568
$620,994
$3,789,918
8 $7,285,576 $2,655,994
$652,059
$3,977,523
9 $7,649,872 $2,790,783
$684,664
$4,174,425
10 $8,032,400 $2,932,318
$718,900
$4,381,182
11 $8,433,848 $3,080,854
$754,829
$4,598,165
12 $8,855,592 $3,236,899
$792,575
$4,826,118
13 $9,298,320 $3,400,709
$832,200
$5,065,411
14 $9,763,408 $3,572,791
$873,825
$5,316,792
15 $10,251,544 $3,753,402
$917,513
$5,580,629
16 $10,764,104 $3,943,049
$963,387
$5,857,668
17 $11,302,120 $4,142,115
$1,011,540
$6,148,465
18 $11,867,312 $4,351,236
$1,062,124
$6,453,952
19 $12,460,712 $4,570,794
$1,115,234
$6,774,684
20 $13,083,696 $4,801,298
$1,170,991
$7,111,407
21 $13,737,984 $5,043,384
$1,229,550
$7,465,050
22 $14,424,952 $5,297,563
$1,291,033
$7,836,356
23 $15,145,976 $5,564,342
$1,355,565
$8,226,069
24 $15,903,464 $5,844,612
$1,423,360
$8,635,492
25 $16,698,448 $6,138,756
$1,494,511
$9,065,181
26 $17,533,680 $6,447,792
$1,569,264
$9,516,624
27 $18,410,192 $6,772,101
$1,647,712
$9,990,379
28 $19,330,736 $7,112,703
$1,730,101
$10,487,932
29 $20,297,376 $7,470,360
$1,816,615
$11,010,401
30 $21,312,176 $7,845,836
$1,907,440
$11,558,900