Jackpot Analysis Idaho Powerball

Jackpot Analysis for Idaho Powerball
The jackpot for the Powerball draw on Mon Jul 28, 2025, is projected to be $364 Million, with an option for a cash payout of $164.1 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 Jul 28, 2025
Draw DateMon Jul 28, 2025
Projected Jackpot$364,000,000
Cash Value$164,100,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$164,100,000
Federal Tax(24%)$39,384,000
Additional Federal Tax$21,293,330
State Tax(5.8%)$9,517,800
Net Lumpsum Payment$93,904,870
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $5,478,564 $1,987,399
$317,757
$3,173,408
2 $5,752,656 $2,088,813
$333,654
$3,330,189
3 $6,040,216 $2,195,210
$350,333
$3,494,673
4 $6,342,336 $2,306,995
$367,855
$3,667,486
5 $6,659,380 $2,424,301
$386,244
$3,848,835
6 $6,992,440 $2,547,533
$405,562
$4,039,345
7 $7,341,880 $2,676,826
$425,829
$4,239,225
8 $7,709,156 $2,812,718
$447,131
$4,449,307
9 $8,094,632 $2,955,344
$469,489
$4,669,799
10 $8,499,400 $3,105,108
$492,965
$4,901,327
11 $8,924,188 $3,262,280
$517,603
$5,144,305
12 $9,370,452 $3,427,398
$543,486
$5,399,568
13 $9,838,920 $3,600,731
$570,657
$5,667,532
14 $10,331,048 $3,782,818
$599,201
$5,949,029
15 $10,847,564 $3,973,929
$629,159
$6,244,476
16 $11,389,924 $4,174,602
$660,616
$6,554,706
17 $11,959,220 $4,385,242
$693,635
$6,880,343
18 $12,557,272 $4,606,521
$728,322
$7,222,429
19 $13,185,172 $4,838,844
$764,740
$7,581,588
20 $13,844,376 $5,082,750
$802,974
$7,958,652
21 $14,536,704 $5,338,911
$843,129
$8,354,664
22 $15,263,612 $5,607,867
$885,289
$8,770,456
23 $16,026,556 $5,890,156
$929,540
$9,206,860
24 $16,828,084 $6,186,721
$976,029
$9,665,334
25 $17,669,288 $6,497,967
$1,024,819
$10,146,502
26 $18,553,080 $6,824,970
$1,076,079
$10,652,031
27 $19,480,552 $7,168,135
$1,129,872
$11,182,545
28 $20,454,616 $7,528,538
$1,186,368
$11,739,710
29 $21,477,456 $7,906,989
$1,245,692
$12,324,775
30 $22,551,256 $8,304,295
$1,307,973
$12,938,988