The jackpot for the Powerball draw on Sat Oct 18, 2025, is projected to be $295 Million, with an option for a cash payout of $138.1 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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana Powerball Jackpot/Cash Option for Sat Oct 18, 2025 |
|---|
| Draw Date | Sat Oct 18, 2025 | | Projected Jackpot | $295,000,000 | | Cash Value | $138,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $138,100,000 | | Federal Tax(24%) | $33,144,000 | | Additional Federal Tax | $17,913,330 | | State Tax(4.75%) | $6,559,750 | | Net Lumpsum Payment | $80,482,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,440,045 |
$1,603,147
$210,902 |
$2,625,996 |
| 2 |
$4,662,180 |
$1,685,337
$221,454 |
$2,755,389 |
| 3 |
$4,895,230 |
$1,771,565
$232,523 |
$2,891,142 |
| 4 |
$5,140,080 |
$1,862,160
$244,154 |
$3,033,766 |
| 5 |
$5,397,025 |
$1,957,230
$256,359 |
$3,183,436 |
| 6 |
$5,666,950 |
$2,057,102
$269,180 |
$3,340,668 |
| 7 |
$5,950,150 |
$2,161,886
$282,632 |
$3,505,632 |
| 8 |
$6,247,805 |
$2,272,018
$296,771 |
$3,679,016 |
| 9 |
$6,560,210 |
$2,387,608
$311,610 |
$3,860,992 |
| 10 |
$6,888,250 |
$2,508,983
$327,192 |
$4,052,075 |
| 11 |
$7,232,515 |
$2,636,361
$343,544 |
$4,252,610 |
| 12 |
$7,594,185 |
$2,770,179
$360,724 |
$4,463,282 |
| 13 |
$7,973,850 |
$2,910,655
$378,758 |
$4,684,437 |
| 14 |
$8,372,690 |
$3,058,226
$397,703 |
$4,916,761 |
| 15 |
$8,791,295 |
$3,213,110
$417,587 |
$5,160,598 |
| 16 |
$9,230,845 |
$3,375,743
$438,465 |
$5,416,637 |
| 17 |
$9,692,225 |
$3,546,454
$460,381 |
$5,685,390 |
| 18 |
$10,176,910 |
$3,725,787
$483,403 |
$5,967,720 |
| 19 |
$10,685,785 |
$3,914,071
$507,575 |
$6,264,139 |
| 20 |
$11,220,030 |
$4,111,741
$532,951 |
$6,575,338 |
| 21 |
$11,781,120 |
$4,319,345
$559,603 |
$6,902,172 |
| 22 |
$12,370,235 |
$4,537,317
$587,586 |
$7,245,332 |
| 23 |
$12,988,555 |
$4,766,096
$616,956 |
$7,605,503 |
| 24 |
$13,638,145 |
$5,006,444
$647,812 |
$7,983,889 |
| 25 |
$14,319,890 |
$5,258,690
$680,195 |
$8,381,005 |
| 26 |
$15,036,150 |
$5,523,706
$714,217 |
$8,798,227 |
| 27 |
$15,787,810 |
$5,801,820
$749,921 |
$9,236,069 |
| 28 |
$16,577,230 |
$6,093,905
$787,418 |
$9,695,907 |
| 29 |
$17,406,180 |
$6,400,617
$826,794 |
$10,178,769 |
| 30 |
$18,276,430 |
$6,722,609
$868,130 |
$10,685,691 |
|
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