Jackpot Analysis Maine Powerball

Jackpot Analysis for Maine Powerball
The jackpot for the Powerball draw on Sat Aug 9, 2025, is projected to be $482 Million, with an option for a cash payout of $218.9 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 Maine residents, the state will deduct 5% from your lottery earnings.

Maine Powerball Jackpot/Cash Option for Sat Aug 9, 2025
Draw DateSat Aug 9, 2025
Projected Jackpot$482,000,000
Cash Value$218,900,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$218,900,000
Federal Tax(24%)$52,536,000
Additional Federal Tax$28,417,330
State Tax(5%)$10,945,000
Net Lumpsum Payment$127,001,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $7,254,582 $2,644,526
$362,729
$4,247,327
2 $7,617,528 $2,778,816
$380,876
$4,457,836
3 $7,998,308 $2,919,704
$399,915
$4,678,689
4 $8,398,368 $3,067,727
$419,918
$4,910,723
5 $8,818,190 $3,223,061
$440,910
$5,154,219
6 $9,259,220 $3,386,242
$462,961
$5,410,017
7 $9,721,940 $3,557,448
$486,097
$5,678,395
8 $10,208,278 $3,737,393
$510,414
$5,960,471
9 $10,718,716 $3,926,255
$535,936
$6,256,525
10 $11,254,700 $4,124,569
$562,735
$6,567,396
11 $11,817,194 $4,332,692
$590,860
$6,893,642
12 $12,408,126 $4,551,337
$620,406
$7,236,383
13 $13,028,460 $4,780,861
$651,423
$7,596,176
14 $13,680,124 $5,021,976
$684,006
$7,974,142
15 $14,364,082 $5,275,041
$718,204
$8,370,837
16 $15,082,262 $5,540,767
$754,113
$8,787,382
17 $15,836,110 $5,819,691
$791,806
$9,224,613
18 $16,628,036 $6,112,704
$831,402
$9,683,930
19 $17,459,486 $6,420,340
$872,974
$10,166,172
20 $18,332,388 $6,743,314
$916,619
$10,672,455
21 $19,249,152 $7,082,517
$962,458
$11,204,177
22 $20,211,706 $7,438,662
$1,010,585
$11,762,459
23 $21,221,978 $7,812,462
$1,061,099
$12,348,417
24 $22,283,342 $8,205,167
$1,114,167
$12,964,008
25 $23,397,244 $8,617,311
$1,169,862
$13,610,071
26 $24,567,540 $9,050,320
$1,228,377
$14,288,843
27 $25,795,676 $9,504,731
$1,289,784
$15,001,161
28 $27,085,508 $9,981,968
$1,354,275
$15,749,265
29 $28,439,928 $10,483,104
$1,421,996
$16,534,828
30 $29,861,828 $11,009,207
$1,493,091
$17,359,530