Jackpot Analysis Kansas Powerball

Jackpot Analysis for Kansas Powerball
The jackpot for the Powerball draw on Wed Jul 2, 2025, is projected to be $174 Million, with an option for a cash payout of $79.7 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 Kansas residents, the state will deduct 5% from your lottery earnings.

Kansas Powerball Jackpot/Cash Option for Wed Jul 2, 2025
Draw DateWed Jul 2, 2025
Projected Jackpot$174,000,000
Cash Value$79,700,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$79,700,000
Federal Tax(24%)$19,128,000
Additional Federal Tax$10,321,330
State Tax(5%)$3,985,000
Net Lumpsum Payment$46,265,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $2,618,874 $929,314
$130,944
$1,558,616
2 $2,749,896 $977,792
$137,495
$1,634,609
3 $2,887,356 $1,028,652
$144,368
$1,714,336
4 $3,031,776 $1,082,088
$151,589
$1,798,099
5 $3,183,330 $1,138,162
$159,167
$1,886,001
6 $3,342,540 $1,197,070
$167,127
$1,978,343
7 $3,509,580 $1,258,875
$175,479
$2,075,226
8 $3,685,146 $1,323,834
$184,257
$2,177,055
9 $3,869,412 $1,392,013
$193,471
$2,283,928
10 $4,062,900 $1,463,603
$203,145
$2,396,152
11 $4,265,958 $1,538,735
$213,298
$2,513,925
12 $4,479,282 $1,617,665
$223,964
$2,637,653
13 $4,703,220 $1,700,522
$235,161
$2,767,537
14 $4,938,468 $1,787,564
$246,923
$2,903,981
15 $5,185,374 $1,878,919
$259,269
$3,047,186
16 $5,444,634 $1,974,845
$272,232
$3,197,557
17 $5,716,770 $2,075,535
$285,839
$3,355,396
18 $6,002,652 $2,181,312
$300,133
$3,521,207
19 $6,302,802 $2,292,367
$315,140
$3,695,295
20 $6,617,916 $2,408,959
$330,896
$3,878,061
21 $6,948,864 $2,531,410
$347,443
$4,070,011
22 $7,296,342 $2,659,977
$364,817
$4,271,548
23 $7,661,046 $2,794,917
$383,052
$4,483,077
24 $8,044,194 $2,936,682
$402,210
$4,705,302
25 $8,446,308 $3,085,464
$422,315
$4,938,529
26 $8,868,780 $3,241,779
$443,439
$5,183,562
27 $9,312,132 $3,405,819
$465,607
$5,440,706
28 $9,777,756 $3,578,100
$488,888
$5,710,768
29 $10,266,696 $3,759,008
$513,335
$5,994,353
30 $10,779,996 $3,948,929
$539,000
$6,292,067