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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin 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(7.65%) | $16,745,850 | | Net Lumpsum Payment | $121,200,820 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,254,582 |
$2,644,526
$554,976 |
$4,055,080 |
| 2 |
$7,617,528 |
$2,778,816
$582,741 |
$4,255,971 |
| 3 |
$7,998,308 |
$2,919,704
$611,871 |
$4,466,733 |
| 4 |
$8,398,368 |
$3,067,727
$642,475 |
$4,688,166 |
| 5 |
$8,818,190 |
$3,223,061
$674,592 |
$4,920,537 |
| 6 |
$9,259,220 |
$3,386,242
$708,330 |
$5,164,648 |
| 7 |
$9,721,940 |
$3,557,448
$743,728 |
$5,420,764 |
| 8 |
$10,208,278 |
$3,737,393
$780,933 |
$5,689,952 |
| 9 |
$10,718,716 |
$3,926,255
$819,982 |
$5,972,479 |
| 10 |
$11,254,700 |
$4,124,569
$860,985 |
$6,269,146 |
| 11 |
$11,817,194 |
$4,332,692
$904,015 |
$6,580,487 |
| 12 |
$12,408,126 |
$4,551,337
$949,222 |
$6,907,567 |
| 13 |
$13,028,460 |
$4,780,861
$996,677 |
$7,250,922 |
| 14 |
$13,680,124 |
$5,021,976
$1,046,529 |
$7,611,619 |
| 15 |
$14,364,082 |
$5,275,041
$1,098,852 |
$7,990,189 |
| 16 |
$15,082,262 |
$5,540,767
$1,153,793 |
$8,387,702 |
| 17 |
$15,836,110 |
$5,819,691
$1,211,462 |
$8,804,957 |
| 18 |
$16,628,036 |
$6,112,704
$1,272,045 |
$9,243,287 |
| 19 |
$17,459,486 |
$6,420,340
$1,335,651 |
$9,703,495 |
| 20 |
$18,332,388 |
$6,743,314
$1,402,428 |
$10,186,646 |
| 21 |
$19,249,152 |
$7,082,517
$1,472,560 |
$10,694,075 |
| 22 |
$20,211,706 |
$7,438,662
$1,546,196 |
$11,226,848 |
| 23 |
$21,221,978 |
$7,812,462
$1,623,481 |
$11,786,035 |
| 24 |
$22,283,342 |
$8,205,167
$1,704,676 |
$12,373,499 |
| 25 |
$23,397,244 |
$8,617,311
$1,789,889 |
$12,990,044 |
| 26 |
$24,567,540 |
$9,050,320
$1,879,417 |
$13,637,803 |
| 27 |
$25,795,676 |
$9,504,731
$1,973,369 |
$14,317,576 |
| 28 |
$27,085,508 |
$9,981,968
$2,072,041 |
$15,031,499 |
| 29 |
$28,439,928 |
$10,483,104
$2,175,654 |
$15,781,170 |
| 30 |
$29,861,828 |
$11,009,207
$2,284,430 |
$16,568,191 |
|
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