The jackpot for the Powerball draw on Wed Aug 13, 2025, is projected to be $526 Million, with an option for a cash payout of $241 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 Aug 13, 2025 |
|---|
| Draw Date | Wed Aug 13, 2025 | | Projected Jackpot | $526,000,000 | | Cash Value | $241,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $241,000,000 | | Federal Tax(24%) | $57,840,000 | | Additional Federal Tax | $31,290,330 | | State Tax(5%) | $12,050,000 | | Net Lumpsum Payment | $139,819,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,916,826 |
$2,889,556
$395,841 |
$4,631,429 |
| 2 |
$8,312,904 |
$3,036,105
$415,645 |
$4,861,154 |
| 3 |
$8,728,444 |
$3,189,855
$436,422 |
$5,102,167 |
| 4 |
$9,165,024 |
$3,351,389
$458,251 |
$5,355,384 |
| 5 |
$9,623,170 |
$3,520,903
$481,159 |
$5,621,108 |
| 6 |
$10,104,460 |
$3,698,981
$505,223 |
$5,900,256 |
| 7 |
$10,609,420 |
$3,885,816
$530,471 |
$6,193,133 |
| 8 |
$11,140,154 |
$4,082,187
$557,008 |
$6,500,959 |
| 9 |
$11,697,188 |
$4,288,290
$584,859 |
$6,824,039 |
| 10 |
$12,282,100 |
$4,504,707
$614,105 |
$7,163,288 |
| 11 |
$12,895,942 |
$4,731,829
$644,797 |
$7,519,316 |
| 12 |
$13,540,818 |
$4,970,433
$677,041 |
$7,893,344 |
| 13 |
$14,217,780 |
$5,220,909
$710,889 |
$8,285,982 |
| 14 |
$14,928,932 |
$5,484,035
$746,447 |
$8,698,450 |
| 15 |
$15,675,326 |
$5,760,201
$783,766 |
$9,131,359 |
| 16 |
$16,459,066 |
$6,050,185
$822,953 |
$9,585,928 |
| 17 |
$17,281,730 |
$6,354,570
$864,087 |
$10,063,073 |
| 18 |
$18,145,948 |
$6,674,331
$907,297 |
$10,564,320 |
| 19 |
$19,053,298 |
$7,010,051
$952,665 |
$11,090,582 |
| 20 |
$20,005,884 |
$7,362,507
$1,000,294 |
$11,643,083 |
| 21 |
$21,006,336 |
$7,732,675
$1,050,317 |
$12,223,344 |
| 22 |
$22,056,758 |
$8,121,331
$1,102,838 |
$12,832,589 |
| 23 |
$23,159,254 |
$8,529,254
$1,157,963 |
$13,472,037 |
| 24 |
$24,317,506 |
$8,957,808
$1,215,875 |
$14,143,823 |
| 25 |
$25,533,092 |
$9,407,574
$1,276,655 |
$14,848,863 |
| 26 |
$26,810,220 |
$9,880,112
$1,340,511 |
$15,589,597 |
| 27 |
$28,150,468 |
$10,376,004
$1,407,523 |
$16,366,941 |
| 28 |
$29,558,044 |
$10,896,807
$1,477,902 |
$17,183,335 |
| 29 |
$31,036,104 |
$11,443,689
$1,551,805 |
$18,040,610 |
| 30 |
$32,587,804 |
$12,017,818
$1,629,390 |
$18,940,596 |
|
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