The jackpot for the Powerball draw on Sat Sep 20, 2025, is projected to be $99 Million, with an option for a cash payout of $46.3 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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
Wisconsin Powerball Jackpot/Cash Option for Sat Sep 20, 2025 |
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Draw Date | Sat Sep 20, 2025 | Projected Jackpot | $99,000,000 | Cash Value | $46,300,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $46,300,000 | Federal Tax(24%) | $11,112,000 | Additional Federal Tax | $5,979,330 | State Tax(7.65%) | $3,541,950 | Net Lumpsum Payment | $25,666,720 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$1,490,049 |
$511,649 $113,989 |
$864,411 |
2 |
$1,564,596 |
$539,231 $119,692 |
$905,673 |
3 |
$1,642,806 |
$568,169 $125,675 |
$948,962 |
4 |
$1,724,976 |
$598,572 $131,961 |
$994,443 |
5 |
$1,811,205 |
$630,476 $138,557 |
$1,042,172 |
6 |
$1,901,790 |
$663,993 $145,487 |
$1,092,310 |
7 |
$1,996,830 |
$699,157 $152,757 |
$1,144,916 |
8 |
$2,096,721 |
$736,117 $160,399 |
$1,200,205 |
9 |
$2,201,562 |
$774,908 $168,419 |
$1,258,235 |
10 |
$2,311,650 |
$815,641 $176,841 |
$1,319,168 |
11 |
$2,427,183 |
$858,388 $185,679 |
$1,383,116 |
12 |
$2,548,557 |
$903,296 $194,965 |
$1,450,296 |
13 |
$2,675,970 |
$950,439 $204,712 |
$1,520,819 |
14 |
$2,809,818 |
$999,963 $214,951 |
$1,594,904 |
15 |
$2,950,299 |
$1,051,941 $225,698 |
$1,672,660 |
16 |
$3,097,809 |
$1,106,520 $236,982 |
$1,754,307 |
17 |
$3,252,645 |
$1,163,809 $248,827 |
$1,840,009 |
18 |
$3,415,302 |
$1,223,992 $261,271 |
$1,930,039 |
19 |
$3,586,077 |
$1,287,179 $274,335 |
$2,024,563 |
20 |
$3,765,366 |
$1,353,516 $288,050 |
$2,123,800 |
21 |
$3,953,664 |
$1,423,186 $302,455 |
$2,228,023 |
22 |
$4,151,367 |
$1,496,336 $317,580 |
$2,337,451 |
23 |
$4,358,871 |
$1,573,113 $333,454 |
$2,452,304 |
24 |
$4,576,869 |
$1,653,772 $350,130 |
$2,572,967 |
25 |
$4,805,658 |
$1,738,424 $367,633 |
$2,699,601 |
26 |
$5,046,030 |
$1,827,361 $386,021 |
$2,832,648 |
27 |
$5,298,282 |
$1,920,695 $405,319 |
$2,972,268 |
28 |
$5,563,206 |
$2,018,717 $425,585 |
$3,118,904 |
29 |
$5,841,396 |
$2,121,647 $446,867 |
$3,272,882 |
30 |
$6,133,446 |
$2,229,705 $469,209 |
$3,434,532 |
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