Jackpot Analysis West Virginia Powerball

Jackpot Analysis for West Virginia Powerball
The jackpot for the Powerball draw on Sat Jul 12, 2025, is projected to be $234 Million, with an option for a cash payout of $106.6 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 Jul 12, 2025
Draw DateSat Jul 12, 2025
Projected Jackpot$234,000,000
Cash Value$106,600,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$106,600,000
Federal Tax(24%)$25,584,000
Additional Federal Tax$13,818,330
State Tax(6.5%)$6,929,000
Net Lumpsum Payment$60,268,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,521,934 $1,263,446
$228,926
$2,029,562
2 $3,698,136 $1,328,641
$240,379
$2,129,116
3 $3,882,996 $1,397,039
$252,395
$2,233,562
4 $4,077,216 $1,468,900
$265,019
$2,343,297
5 $4,281,030 $1,544,311
$278,267
$2,458,452
6 $4,495,140 $1,623,532
$292,184
$2,579,424
7 $4,719,780 $1,706,649
$306,786
$2,706,345
8 $4,955,886 $1,794,008
$322,133
$2,839,745
9 $5,203,692 $1,885,696
$338,240
$2,979,756
10 $5,463,900 $1,981,973
$355,154
$3,126,773
11 $5,736,978 $2,083,012
$372,904
$3,281,062
12 $6,023,862 $2,189,159
$391,551
$3,443,152
13 $6,325,020 $2,300,588
$411,126
$3,613,306
14 $6,641,388 $2,417,644
$431,690
$3,792,054
15 $6,973,434 $2,540,501
$453,273
$3,979,660
16 $7,322,094 $2,669,505
$475,936
$4,176,653
17 $7,688,070 $2,804,916
$499,725
$4,383,429
18 $8,072,532 $2,947,167
$524,715
$4,600,650
19 $8,476,182 $3,096,518
$550,952
$4,828,712
20 $8,899,956 $3,253,314
$578,497
$5,068,145
21 $9,345,024 $3,417,989
$607,427
$5,319,608
22 $9,812,322 $3,590,890
$637,801
$5,583,631
23 $10,302,786 $3,772,361
$669,681
$5,860,744
24 $10,818,054 $3,963,010
$703,174
$6,151,870
25 $11,358,828 $4,163,097
$738,324
$6,457,407
26 $11,926,980 $4,373,313
$775,254
$6,778,413
27 $12,523,212 $4,593,919
$814,009
$7,115,284
28 $13,149,396 $4,825,607
$854,711
$7,469,078
29 $13,806,936 $5,068,897
$897,451
$7,840,588
30 $14,497,236 $5,324,308
$942,320
$8,230,608