The jackpot for the Powerball draw on Sat Oct 4, 2025, is projected to be $195 Million, with an option for a cash payout of $90.5 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
Pennsylvania Powerball Jackpot/Cash Option for Sat Oct 4, 2025 |
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Draw Date | Sat Oct 4, 2025 | Projected Jackpot | $195,000,000 | Cash Value | $90,500,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $90,500,000 | Federal Tax(24%) | $21,720,000 | Additional Federal Tax | $11,725,330 | State Tax(3.07%) | $2,778,350 | Net Lumpsum Payment | $54,276,320 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$2,934,945 |
$1,046,260 $90,103 |
$1,798,582 |
2 |
$3,081,780 |
$1,100,589 $94,611 |
$1,886,580 |
3 |
$3,235,830 |
$1,157,587 $99,340 |
$1,978,903 |
4 |
$3,397,680 |
$1,217,472 $104,309 |
$2,075,899 |
5 |
$3,567,525 |
$1,280,315 $109,523 |
$2,177,687 |
6 |
$3,745,950 |
$1,346,332 $115,001 |
$2,284,617 |
7 |
$3,933,150 |
$1,415,596 $120,748 |
$2,396,806 |
8 |
$4,129,905 |
$1,488,395 $126,788 |
$2,514,722 |
9 |
$4,336,410 |
$1,564,802 $133,128 |
$2,638,480 |
10 |
$4,553,250 |
$1,645,033 $139,785 |
$2,768,432 |
11 |
$4,780,815 |
$1,729,232 $146,771 |
$2,904,812 |
12 |
$5,019,885 |
$1,817,688 $154,110 |
$3,048,087 |
13 |
$5,270,850 |
$1,910,545 $161,815 |
$3,198,490 |
14 |
$5,534,490 |
$2,008,092 $169,909 |
$3,356,489 |
15 |
$5,811,195 |
$2,110,473 $178,404 |
$3,522,318 |
16 |
$6,101,745 |
$2,217,976 $187,324 |
$3,696,445 |
17 |
$6,406,725 |
$2,330,819 $196,686 |
$3,879,220 |
18 |
$6,727,110 |
$2,449,361 $206,522 |
$4,071,227 |
19 |
$7,063,485 |
$2,573,820 $216,849 |
$4,272,816 |
20 |
$7,416,630 |
$2,704,483 $227,691 |
$4,484,456 |
21 |
$7,787,520 |
$2,841,713 $239,077 |
$4,706,730 |
22 |
$8,176,935 |
$2,985,796 $251,032 |
$4,940,107 |
23 |
$8,585,655 |
$3,137,023 $263,580 |
$5,185,052 |
24 |
$9,015,045 |
$3,295,897 $276,762 |
$5,442,386 |
25 |
$9,465,690 |
$3,462,636 $290,597 |
$5,712,457 |
26 |
$9,939,150 |
$3,637,816 $305,132 |
$5,996,202 |
27 |
$10,436,010 |
$3,821,654 $320,386 |
$6,293,970 |
28 |
$10,957,830 |
$4,014,727 $336,405 |
$6,606,698 |
29 |
$11,505,780 |
$4,217,469 $353,227 |
$6,935,084 |
30 |
$12,081,030 |
$4,430,311 $370,888 |
$7,279,831 |
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