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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana Powerball Jackpot/Cash Option for Sat Aug 9, 2025 |
|---|
| Draw Date | Sat 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(6.75%) | $14,775,750 | | Net Lumpsum Payment | $123,170,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,254,582 |
$2,644,526
$489,684 |
$4,120,372 |
| 2 |
$7,617,528 |
$2,778,816
$514,183 |
$4,324,529 |
| 3 |
$7,998,308 |
$2,919,704
$539,886 |
$4,538,718 |
| 4 |
$8,398,368 |
$3,067,727
$566,890 |
$4,763,751 |
| 5 |
$8,818,190 |
$3,223,061
$595,228 |
$4,999,901 |
| 6 |
$9,259,220 |
$3,386,242
$624,997 |
$5,247,981 |
| 7 |
$9,721,940 |
$3,557,448
$656,231 |
$5,508,261 |
| 8 |
$10,208,278 |
$3,737,393
$689,059 |
$5,781,826 |
| 9 |
$10,718,716 |
$3,926,255
$723,513 |
$6,068,948 |
| 10 |
$11,254,700 |
$4,124,569
$759,692 |
$6,370,439 |
| 11 |
$11,817,194 |
$4,332,692
$797,661 |
$6,686,841 |
| 12 |
$12,408,126 |
$4,551,337
$837,549 |
$7,019,240 |
| 13 |
$13,028,460 |
$4,780,861
$879,421 |
$7,368,178 |
| 14 |
$13,680,124 |
$5,021,976
$923,408 |
$7,734,740 |
| 15 |
$14,364,082 |
$5,275,041
$969,576 |
$8,119,465 |
| 16 |
$15,082,262 |
$5,540,767
$1,018,053 |
$8,523,442 |
| 17 |
$15,836,110 |
$5,819,691
$1,068,937 |
$8,947,482 |
| 18 |
$16,628,036 |
$6,112,704
$1,122,392 |
$9,392,940 |
| 19 |
$17,459,486 |
$6,420,340
$1,178,515 |
$9,860,631 |
| 20 |
$18,332,388 |
$6,743,314
$1,237,436 |
$10,351,638 |
| 21 |
$19,249,152 |
$7,082,517
$1,299,318 |
$10,867,317 |
| 22 |
$20,211,706 |
$7,438,662
$1,364,290 |
$11,408,754 |
| 23 |
$21,221,978 |
$7,812,462
$1,432,484 |
$11,977,032 |
| 24 |
$22,283,342 |
$8,205,167
$1,504,126 |
$12,574,049 |
| 25 |
$23,397,244 |
$8,617,311
$1,579,314 |
$13,200,619 |
| 26 |
$24,567,540 |
$9,050,320
$1,658,309 |
$13,858,911 |
| 27 |
$25,795,676 |
$9,504,731
$1,741,208 |
$14,549,737 |
| 28 |
$27,085,508 |
$9,981,968
$1,828,272 |
$15,275,268 |
| 29 |
$28,439,928 |
$10,483,104
$1,919,695 |
$16,037,129 |
| 30 |
$29,861,828 |
$11,009,207
$2,015,673 |
$16,836,948 |
|
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