The jackpot for the Powerball draw on Sat Aug 30, 2025, is projected to be $950 Million, with an option for a cash payout of $428.9 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 30, 2025 |
|---|
| Draw Date | Sat Aug 30, 2025 | | Projected Jackpot | $950,000,000 | | Cash Value | $428,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $428,900,000 | | Federal Tax(24%) | $102,936,000 | | Additional Federal Tax | $55,717,330 | | State Tax(7.65%) | $32,810,850 | | Net Lumpsum Payment | $237,435,820 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$14,298,450 |
$5,250,757
$1,093,831 |
$7,953,862 |
| 2 |
$15,013,800 |
$5,515,436
$1,148,556 |
$8,349,808 |
| 3 |
$15,764,300 |
$5,793,121
$1,205,969 |
$8,765,210 |
| 4 |
$16,552,800 |
$6,084,866
$1,266,289 |
$9,201,645 |
| 5 |
$17,380,250 |
$6,391,023
$1,329,589 |
$9,659,638 |
| 6 |
$18,249,500 |
$6,712,645
$1,396,087 |
$10,140,768 |
| 7 |
$19,161,500 |
$7,050,085
$1,465,855 |
$10,645,560 |
| 8 |
$20,120,050 |
$7,404,749
$1,539,184 |
$11,176,117 |
| 9 |
$21,126,100 |
$7,776,987
$1,616,147 |
$11,732,966 |
| 10 |
$22,182,500 |
$8,167,855
$1,696,961 |
$12,317,684 |
| 11 |
$23,291,150 |
$8,578,056
$1,781,773 |
$12,931,321 |
| 12 |
$24,455,850 |
$9,008,995
$1,870,873 |
$13,575,982 |
| 13 |
$25,678,500 |
$9,461,375
$1,964,405 |
$14,252,720 |
| 14 |
$26,962,900 |
$9,936,603
$2,062,662 |
$14,963,635 |
| 15 |
$28,310,950 |
$10,435,382
$2,165,788 |
$15,709,780 |
| 16 |
$29,726,450 |
$10,959,117
$2,274,073 |
$16,493,260 |
| 17 |
$31,212,250 |
$11,508,863
$2,387,737 |
$17,315,650 |
| 18 |
$32,773,100 |
$12,086,377
$2,507,142 |
$18,179,581 |
| 19 |
$34,411,850 |
$12,692,715
$2,632,507 |
$19,086,628 |
| 20 |
$36,132,300 |
$13,329,281
$2,764,121 |
$20,038,898 |
| 21 |
$37,939,200 |
$13,997,834
$2,902,349 |
$21,039,017 |
| 22 |
$39,836,350 |
$14,699,780
$3,047,481 |
$22,089,089 |
| 23 |
$41,827,550 |
$15,436,524
$3,199,808 |
$23,191,218 |
| 24 |
$43,919,450 |
$16,210,527
$3,359,838 |
$24,349,085 |
| 25 |
$46,114,900 |
$17,022,843
$3,527,790 |
$25,564,267 |
| 26 |
$48,421,500 |
$17,876,285
$3,704,245 |
$26,840,970 |
| 27 |
$50,842,100 |
$18,771,907
$3,889,421 |
$28,180,772 |
| 28 |
$53,384,300 |
$19,712,521
$4,083,899 |
$29,587,880 |
| 29 |
$56,053,800 |
$20,700,236
$4,288,116 |
$31,065,448 |
| 30 |
$58,856,300 |
$21,737,161
$4,502,507 |
$32,616,632 |
|
|
