The jackpot for the Powerball draw on Mon Oct 13, 2025, is projected to be $258 Million, with an option for a cash payout of $120.8 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
Idaho Powerball Jackpot/Cash Option for Mon Oct 13, 2025 |
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Draw Date | Mon Oct 13, 2025 | Projected Jackpot | $258,000,000 | Cash Value | $120,800,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $120,800,000 | Federal Tax(24%) | $28,992,000 | Additional Federal Tax | $15,664,330 | State Tax(5.8%) | $7,006,400 | Net Lumpsum Payment | $69,137,270 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,883,158 |
$1,397,099 $225,223 |
$2,260,836 |
2 |
$4,077,432 |
$1,468,980 $236,491 |
$2,371,961 |
3 |
$4,281,252 |
$1,544,394 $248,313 |
$2,488,545 |
4 |
$4,495,392 |
$1,623,625 $260,733 |
$2,611,034 |
5 |
$4,720,110 |
$1,706,771 $273,766 |
$2,739,573 |
6 |
$4,956,180 |
$1,794,117 $287,458 |
$2,874,605 |
7 |
$5,203,860 |
$1,885,759 $301,824 |
$3,016,277 |
8 |
$5,464,182 |
$1,982,078 $316,923 |
$3,165,181 |
9 |
$5,737,404 |
$2,083,170 $332,769 |
$3,321,465 |
10 |
$6,024,300 |
$2,189,321 $349,409 |
$3,485,570 |
11 |
$6,325,386 |
$2,300,723 $366,872 |
$3,657,791 |
12 |
$6,641,694 |
$2,417,757 $385,218 |
$3,838,719 |
13 |
$6,973,740 |
$2,540,614 $404,477 |
$4,028,649 |
14 |
$7,322,556 |
$2,669,676 $424,708 |
$4,228,172 |
15 |
$7,688,658 |
$2,805,134 $445,942 |
$4,437,582 |
16 |
$8,073,078 |
$2,947,369 $468,239 |
$4,657,470 |
17 |
$8,476,590 |
$3,096,669 $491,642 |
$4,888,279 |
18 |
$8,900,484 |
$3,253,509 $516,228 |
$5,130,747 |
19 |
$9,345,534 |
$3,418,178 $542,041 |
$5,385,315 |
20 |
$9,812,772 |
$3,591,056 $569,141 |
$5,652,575 |
21 |
$10,303,488 |
$3,772,621 $597,602 |
$5,933,265 |
22 |
$10,818,714 |
$3,963,255 $627,485 |
$6,227,974 |
23 |
$11,359,482 |
$4,163,339 $658,850 |
$6,537,293 |
24 |
$11,927,598 |
$4,373,542 $691,801 |
$6,862,255 |
25 |
$12,523,836 |
$4,594,150 $726,382 |
$7,203,304 |
26 |
$13,150,260 |
$4,825,927 $762,715 |
$7,561,618 |
27 |
$13,807,644 |
$5,069,159 $800,843 |
$7,937,642 |
28 |
$14,498,052 |
$5,324,610 $840,887 |
$8,332,555 |
29 |
$15,223,032 |
$5,592,852 $882,936 |
$8,747,244 |
30 |
$15,984,132 |
$5,874,459 $927,080 |
$9,182,593 |
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