Jackpot Analysis Rhode Island Powerball

Jackpot Analysis for Rhode Island Powerball
The jackpot for the Powerball draw on Wed Jun 25, 2025, is projected to be $140 Million, with an option for a cash payout of $63 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 Rhode Island residents, the state will deduct 5.99% from your lottery earnings.

Rhode Island Powerball Jackpot/Cash Option for Wed Jun 25, 2025
Draw DateWed Jun 25, 2025
Projected Jackpot$140,000,000
Cash Value$63,000,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$63,000,000
Federal Tax(24%)$15,120,000
Additional Federal Tax$8,150,330
State Tax(5.99%)$3,773,700
Net Lumpsum Payment$35,955,970
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $2,107,140 $739,972
$126,218
$1,240,950
2 $2,212,560 $778,978
$132,532
$1,301,050
3 $2,323,160 $819,900
$139,157
$1,364,103
4 $2,439,360 $862,894
$146,118
$1,430,348
5 $2,561,300 $908,011
$153,422
$1,499,867
6 $2,689,400 $955,408
$161,095
$1,572,897
7 $2,823,800 $1,005,136
$169,146
$1,649,518
8 $2,965,060 $1,057,403
$177,607
$1,730,050
9 $3,113,320 $1,112,259
$186,488
$1,814,573
10 $3,269,000 $1,169,860
$195,813
$1,903,327
11 $3,432,380 $1,230,311
$205,600
$1,996,469
12 $3,604,020 $1,293,818
$215,881
$2,094,321
13 $3,784,200 $1,360,484
$226,674
$2,197,042
14 $3,973,480 $1,430,518
$238,011
$2,304,951
15 $4,172,140 $1,504,022
$249,911
$2,418,207
16 $4,380,740 $1,581,204
$262,406
$2,537,130
17 $4,599,700 $1,662,219
$275,522
$2,661,959
18 $4,829,720 $1,747,327
$289,300
$2,793,093
19 $5,071,220 $1,836,682
$303,766
$2,930,772
20 $5,324,760 $1,930,492
$318,953
$3,075,315
21 $5,591,040 $2,029,015
$334,903
$3,227,122
22 $5,870,620 $2,132,460
$351,650
$3,386,510
23 $6,164,060 $2,241,033
$369,227
$3,553,800
24 $6,472,340 $2,355,096
$387,693
$3,729,551
25 $6,795,880 $2,474,806
$407,073
$3,914,001
26 $7,135,800 $2,600,576
$427,434
$4,107,790
27 $7,492,520 $2,732,563
$448,802
$4,311,155
28 $7,867,160 $2,871,180
$471,243
$4,524,737
29 $8,260,560 $3,016,738
$494,808
$4,749,014
30 $8,673,560 $3,169,548
$519,546
$4,984,466