The jackpot for the Powerball draw on Sat Nov 8, 2025, is projected to be $467 Million, with an option for a cash payout of $220.7 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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana Powerball Jackpot/Cash Option for Sat Nov 8, 2025 |
|---|
| Draw Date | Sat Nov 8, 2025 | | Projected Jackpot | $467,000,000 | | Cash Value | $220,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $220,700,000 | | Federal Tax(24%) | $52,968,000 | | Additional Federal Tax | $28,651,330 | | State Tax(6.75%) | $14,897,250 | | Net Lumpsum Payment | $124,183,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,028,817 |
$2,560,993
$474,445 |
$3,993,379 |
| 2 |
$7,380,468 |
$2,691,104
$498,182 |
$4,191,182 |
| 3 |
$7,749,398 |
$2,827,608
$523,084 |
$4,398,706 |
| 4 |
$8,137,008 |
$2,971,023
$549,248 |
$4,616,737 |
| 5 |
$8,543,765 |
$3,121,523
$576,704 |
$4,845,538 |
| 6 |
$8,971,070 |
$3,279,626
$605,547 |
$5,085,897 |
| 7 |
$9,419,390 |
$3,445,505
$635,809 |
$5,338,076 |
| 8 |
$9,890,593 |
$3,619,850
$667,615 |
$5,603,128 |
| 9 |
$10,385,146 |
$3,802,834
$700,997 |
$5,881,315 |
| 10 |
$10,904,450 |
$3,994,977
$736,050 |
$6,173,423 |
| 11 |
$11,449,439 |
$4,196,623
$772,837 |
$6,479,979 |
| 12 |
$12,021,981 |
$4,408,463
$811,484 |
$6,802,034 |
| 13 |
$12,623,010 |
$4,630,844
$852,053 |
$7,140,113 |
| 14 |
$13,254,394 |
$4,864,456
$894,672 |
$7,495,266 |
| 15 |
$13,917,067 |
$5,109,645
$939,402 |
$7,868,020 |
| 16 |
$14,612,897 |
$5,367,102
$986,371 |
$8,259,424 |
| 17 |
$15,343,285 |
$5,637,346
$1,035,672 |
$8,670,267 |
| 18 |
$16,110,566 |
$5,921,240
$1,087,463 |
$9,101,863 |
| 19 |
$16,916,141 |
$6,219,303
$1,141,840 |
$9,554,998 |
| 20 |
$17,761,878 |
$6,532,225
$1,198,927 |
$10,030,726 |
| 21 |
$18,650,112 |
$6,860,872
$1,258,883 |
$10,530,357 |
| 22 |
$19,582,711 |
$7,205,933
$1,321,833 |
$11,054,945 |
| 23 |
$20,561,543 |
$7,568,101
$1,387,904 |
$11,605,538 |
| 24 |
$21,589,877 |
$7,948,585
$1,457,317 |
$12,183,975 |
| 25 |
$22,669,114 |
$8,347,903
$1,530,165 |
$12,791,046 |
| 26 |
$23,802,990 |
$8,767,437
$1,606,702 |
$13,428,851 |
| 27 |
$24,992,906 |
$9,207,706
$1,687,021 |
$14,098,179 |
| 28 |
$26,242,598 |
$9,670,092
$1,771,375 |
$14,801,131 |
| 29 |
$27,554,868 |
$10,155,632
$1,859,954 |
$15,539,282 |
| 30 |
$28,932,518 |
$10,665,362
$1,952,945 |
$16,314,211 |
|
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