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 Kansas residents, the state will deduct 5% from your lottery earnings.
Kansas Powerball Jackpot/Cash Option for Sat Jul 12, 2025 |
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Draw Date | Sat Jul 12, 2025 | Projected Jackpot | $234,000,000 | Cash Value | $106,600,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $106,600,000 | Federal Tax(24%) | $25,584,000 | Additional Federal Tax | $13,818,330 | State Tax(5%) | $5,330,000 | Net Lumpsum Payment | $61,867,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,521,934 |
$1,263,446 $176,097 |
$2,082,391 |
2 |
$3,698,136 |
$1,328,641 $184,907 |
$2,184,588 |
3 |
$3,882,996 |
$1,397,039 $194,150 |
$2,291,807 |
4 |
$4,077,216 |
$1,468,900 $203,861 |
$2,404,455 |
5 |
$4,281,030 |
$1,544,311 $214,052 |
$2,522,667 |
6 |
$4,495,140 |
$1,623,532 $224,757 |
$2,646,851 |
7 |
$4,719,780 |
$1,706,649 $235,989 |
$2,777,142 |
8 |
$4,955,886 |
$1,794,008 $247,794 |
$2,914,084 |
9 |
$5,203,692 |
$1,885,696 $260,185 |
$3,057,811 |
10 |
$5,463,900 |
$1,981,973 $273,195 |
$3,208,732 |
11 |
$5,736,978 |
$2,083,012 $286,849 |
$3,367,117 |
12 |
$6,023,862 |
$2,189,159 $301,193 |
$3,533,510 |
13 |
$6,325,020 |
$2,300,588 $316,251 |
$3,708,181 |
14 |
$6,641,388 |
$2,417,644 $332,069 |
$3,891,675 |
15 |
$6,973,434 |
$2,540,501 $348,672 |
$4,084,261 |
16 |
$7,322,094 |
$2,669,505 $366,105 |
$4,286,484 |
17 |
$7,688,070 |
$2,804,916 $384,404 |
$4,498,750 |
18 |
$8,072,532 |
$2,947,167 $403,627 |
$4,721,738 |
19 |
$8,476,182 |
$3,096,518 $423,809 |
$4,955,855 |
20 |
$8,899,956 |
$3,253,314 $444,998 |
$5,201,644 |
21 |
$9,345,024 |
$3,417,989 $467,251 |
$5,459,784 |
22 |
$9,812,322 |
$3,590,890 $490,616 |
$5,730,816 |
23 |
$10,302,786 |
$3,772,361 $515,139 |
$6,015,286 |
24 |
$10,818,054 |
$3,963,010 $540,903 |
$6,314,141 |
25 |
$11,358,828 |
$4,163,097 $567,941 |
$6,627,790 |
26 |
$11,926,980 |
$4,373,313 $596,349 |
$6,957,318 |
27 |
$12,523,212 |
$4,593,919 $626,161 |
$7,303,132 |
28 |
$13,149,396 |
$4,825,607 $657,470 |
$7,666,319 |
29 |
$13,806,936 |
$5,068,897 $690,347 |
$8,047,692 |
30 |
$14,497,236 |
$5,324,308 $724,862 |
$8,448,066 |
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