The jackpot for the Powerball draw on Sat Oct 11, 2025, is projected to be $244 Million, with an option for a cash payout of $114.2 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 West Virginia residents, the state will deduct 6.5% from your lottery earnings.
| West Virginia Powerball Jackpot/Cash Option for Sat Oct 11, 2025 |
|---|
| Draw Date | Sat Oct 11, 2025 | | Projected Jackpot | $244,000,000 | | Cash Value | $114,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $114,200,000 | | Federal Tax(24%) | $27,408,000 | | Additional Federal Tax | $14,806,330 | | State Tax(6.5%) | $7,423,000 | | Net Lumpsum Payment | $64,562,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,672,444 |
$1,319,135
$238,709 |
$2,114,600 |
| 2 |
$3,856,176 |
$1,387,116
$250,651 |
$2,218,409 |
| 3 |
$4,048,936 |
$1,458,437
$263,181 |
$2,327,318 |
| 4 |
$4,251,456 |
$1,533,369
$276,345 |
$2,441,742 |
| 5 |
$4,463,980 |
$1,612,003
$290,159 |
$2,561,818 |
| 6 |
$4,687,240 |
$1,694,609
$304,671 |
$2,687,960 |
| 7 |
$4,921,480 |
$1,781,278
$319,896 |
$2,820,306 |
| 8 |
$5,167,676 |
$1,872,371
$335,899 |
$2,959,406 |
| 9 |
$5,426,072 |
$1,967,977
$352,695 |
$3,105,400 |
| 10 |
$5,697,400 |
$2,068,368
$370,331 |
$3,258,701 |
| 11 |
$5,982,148 |
$2,173,725
$388,840 |
$3,419,583 |
| 12 |
$6,281,292 |
$2,284,408
$408,284 |
$3,588,600 |
| 13 |
$6,595,320 |
$2,400,599
$428,696 |
$3,766,025 |
| 14 |
$6,925,208 |
$2,522,657
$450,139 |
$3,952,412 |
| 15 |
$7,271,444 |
$2,650,765
$472,644 |
$4,148,035 |
| 16 |
$7,635,004 |
$2,785,282
$496,275 |
$4,353,447 |
| 17 |
$8,016,620 |
$2,926,480
$521,080 |
$4,569,060 |
| 18 |
$8,417,512 |
$3,074,810
$547,138 |
$4,795,564 |
| 19 |
$8,838,412 |
$3,230,543
$574,497 |
$5,033,372 |
| 20 |
$9,280,296 |
$3,394,040
$603,219 |
$5,283,037 |
| 21 |
$9,744,384 |
$3,565,752
$633,385 |
$5,545,247 |
| 22 |
$10,231,652 |
$3,746,042
$665,057 |
$5,820,553 |
| 23 |
$10,743,076 |
$3,935,269
$698,300 |
$6,109,507 |
| 24 |
$11,280,364 |
$4,134,065
$733,224 |
$6,413,075 |
| 25 |
$11,844,248 |
$4,342,702
$769,876 |
$6,731,670 |
| 26 |
$12,436,680 |
$4,561,902
$808,384 |
$7,066,394 |
| 27 |
$13,058,392 |
$4,791,935
$848,795 |
$7,417,662 |
| 28 |
$13,711,336 |
$5,033,525
$891,237 |
$7,786,574 |
| 29 |
$14,396,976 |
$5,287,212
$935,803 |
$8,173,961 |
| 30 |
$15,116,776 |
$5,553,538
$982,590 |
$8,580,648 |
|
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