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 Missouri residents, the state will deduct 4% from your lottery earnings.
Missouri Powerball Jackpot/Cash Option for Sat Aug 9, 2025 |
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Draw Date | Sat Aug 9, 2025 | Projected Jackpot | $482,000,000 | Cash Value | $218,900,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $218,900,000 | Federal Tax(24%) | $52,536,000 | Additional Federal Tax | $28,417,330 | State Tax(4%) | $8,756,000 | Net Lumpsum Payment | $129,190,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$7,254,582 |
$2,644,526 $290,183 |
$4,319,873 |
2 |
$7,617,528 |
$2,778,816 $304,701 |
$4,534,011 |
3 |
$7,998,308 |
$2,919,704 $319,932 |
$4,758,672 |
4 |
$8,398,368 |
$3,067,727 $335,935 |
$4,994,706 |
5 |
$8,818,190 |
$3,223,061 $352,728 |
$5,242,401 |
6 |
$9,259,220 |
$3,386,242 $370,369 |
$5,502,609 |
7 |
$9,721,940 |
$3,557,448 $388,878 |
$5,775,614 |
8 |
$10,208,278 |
$3,737,393 $408,331 |
$6,062,554 |
9 |
$10,718,716 |
$3,926,255 $428,749 |
$6,363,712 |
10 |
$11,254,700 |
$4,124,569 $450,188 |
$6,679,943 |
11 |
$11,817,194 |
$4,332,692 $472,688 |
$7,011,814 |
12 |
$12,408,126 |
$4,551,337 $496,325 |
$7,360,464 |
13 |
$13,028,460 |
$4,780,861 $521,138 |
$7,726,461 |
14 |
$13,680,124 |
$5,021,976 $547,205 |
$8,110,943 |
15 |
$14,364,082 |
$5,275,041 $574,563 |
$8,514,478 |
16 |
$15,082,262 |
$5,540,767 $603,290 |
$8,938,205 |
17 |
$15,836,110 |
$5,819,691 $633,444 |
$9,382,975 |
18 |
$16,628,036 |
$6,112,704 $665,121 |
$9,850,211 |
19 |
$17,459,486 |
$6,420,340 $698,379 |
$10,340,767 |
20 |
$18,332,388 |
$6,743,314 $733,296 |
$10,855,778 |
21 |
$19,249,152 |
$7,082,517 $769,966 |
$11,396,669 |
22 |
$20,211,706 |
$7,438,662 $808,468 |
$11,964,576 |
23 |
$21,221,978 |
$7,812,462 $848,879 |
$12,560,637 |
24 |
$22,283,342 |
$8,205,167 $891,334 |
$13,186,841 |
25 |
$23,397,244 |
$8,617,311 $935,890 |
$13,844,043 |
26 |
$24,567,540 |
$9,050,320 $982,702 |
$14,534,518 |
27 |
$25,795,676 |
$9,504,731 $1,031,827 |
$15,259,118 |
28 |
$27,085,508 |
$9,981,968 $1,083,420 |
$16,020,120 |
29 |
$28,439,928 |
$10,483,104 $1,137,597 |
$16,819,227 |
30 |
$29,861,828 |
$11,009,207 $1,194,473 |
$17,658,148 |
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