The jackpot for the Powerball draw on Wed Oct 8, 2025, is projected to be $223 Million, with an option for a cash payout of $104.4 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 Missouri residents, the state will deduct 4% from your lottery earnings.
| Missouri Powerball Jackpot/Cash Option for Wed Oct 8, 2025 |
|---|
| Draw Date | Wed Oct 8, 2025 | | Projected Jackpot | $223,000,000 | | Cash Value | $104,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $104,400,000 | | Federal Tax(24%) | $25,056,000 | | Additional Federal Tax | $13,532,330 | | State Tax(4%) | $4,176,000 | | Net Lumpsum Payment | $61,635,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,356,373 |
$1,202,188
$134,255 |
$2,019,930 |
| 2 |
$3,524,292 |
$1,264,318
$140,972 |
$2,119,002 |
| 3 |
$3,700,462 |
$1,329,501
$148,018 |
$2,222,943 |
| 4 |
$3,885,552 |
$1,397,985
$155,422 |
$2,332,145 |
| 5 |
$4,079,785 |
$1,469,851
$163,191 |
$2,446,743 |
| 6 |
$4,283,830 |
$1,545,347
$171,353 |
$2,567,130 |
| 7 |
$4,497,910 |
$1,624,557
$179,916 |
$2,693,437 |
| 8 |
$4,722,917 |
$1,707,810
$188,917 |
$2,826,190 |
| 9 |
$4,959,074 |
$1,795,188
$198,363 |
$2,965,523 |
| 10 |
$5,207,050 |
$1,886,939
$208,282 |
$3,111,829 |
| 11 |
$5,467,291 |
$1,983,228
$218,692 |
$3,265,371 |
| 12 |
$5,740,689 |
$2,084,385
$229,628 |
$3,426,676 |
| 13 |
$6,027,690 |
$2,190,576
$241,108 |
$3,596,006 |
| 14 |
$6,329,186 |
$2,302,129
$253,167 |
$3,773,890 |
| 15 |
$6,645,623 |
$2,419,211
$265,825 |
$3,960,587 |
| 16 |
$6,977,893 |
$2,542,151
$279,116 |
$4,156,626 |
| 17 |
$7,326,665 |
$2,671,196
$293,067 |
$4,362,402 |
| 18 |
$7,693,054 |
$2,806,760
$307,722 |
$4,578,572 |
| 19 |
$8,077,729 |
$2,949,090
$323,109 |
$4,805,530 |
| 20 |
$8,481,582 |
$3,098,516
$339,263 |
$5,043,803 |
| 21 |
$8,905,728 |
$3,255,450
$356,229 |
$5,294,049 |
| 22 |
$9,351,059 |
$3,420,222
$374,042 |
$5,556,795 |
| 23 |
$9,818,467 |
$3,593,163
$392,739 |
$5,832,565 |
| 24 |
$10,309,513 |
$3,774,850
$412,381 |
$6,122,282 |
| 25 |
$10,824,866 |
$3,965,531
$432,995 |
$6,426,340 |
| 26 |
$11,366,310 |
$4,165,865
$454,652 |
$6,745,793 |
| 27 |
$11,934,514 |
$4,376,101
$477,381 |
$7,081,032 |
| 28 |
$12,531,262 |
$4,596,897
$501,250 |
$7,433,115 |
| 29 |
$13,157,892 |
$4,828,750
$526,316 |
$7,802,826 |
| 30 |
$13,815,742 |
$5,072,155
$552,630 |
$8,190,957 |
|
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