Jackpot Analysis Maryland Powerball

Jackpot Analysis for Maryland Powerball
The jackpot for the Powerball draw on Mon Oct 13, 2025, is projected to be $258 Million, with an option for a cash payout of $120.8 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 Maryland residents, the state will deduct 8.95% from your lottery earnings.

Maryland Powerball Jackpot/Cash Option for Mon Oct 13, 2025
Draw DateMon Oct 13, 2025
Projected Jackpot$258,000,000
Cash Value$120,800,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$120,800,000
Federal Tax(24%)$28,992,000
Additional Federal Tax$15,664,330
State Tax(8.95%)$10,811,600
Net Lumpsum Payment$65,332,070
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,883,158 $1,397,099
$347,543
$2,138,516
2 $4,077,432 $1,468,980
$364,930
$2,243,522
3 $4,281,252 $1,544,394
$383,172
$2,353,686
4 $4,495,392 $1,623,625
$402,338
$2,469,429
5 $4,720,110 $1,706,771
$422,450
$2,590,889
6 $4,956,180 $1,794,117
$443,578
$2,718,485
7 $5,203,860 $1,885,759
$465,745
$2,852,356
8 $5,464,182 $1,982,078
$489,044
$2,993,060
9 $5,737,404 $2,083,170
$513,498
$3,140,736
10 $6,024,300 $2,189,321
$539,175
$3,295,804
11 $6,325,386 $2,300,723
$566,122
$3,458,541
12 $6,641,694 $2,417,757
$594,432
$3,629,505
13 $6,973,740 $2,540,614
$624,150
$3,808,976
14 $7,322,556 $2,669,676
$655,369
$3,997,511
15 $7,688,658 $2,805,134
$688,135
$4,195,389
16 $8,073,078 $2,947,369
$722,540
$4,403,169
17 $8,476,590 $3,096,669
$758,655
$4,621,266
18 $8,900,484 $3,253,509
$796,593
$4,850,382
19 $9,345,534 $3,418,178
$836,425
$5,090,931
20 $9,812,772 $3,591,056
$878,243
$5,343,473
21 $10,303,488 $3,772,621
$922,162
$5,608,705
22 $10,818,714 $3,963,255
$968,275
$5,887,184
23 $11,359,482 $4,163,339
$1,016,674
$6,179,469
24 $11,927,598 $4,373,542
$1,067,520
$6,486,536
25 $12,523,836 $4,594,150
$1,120,883
$6,808,803
26 $13,150,260 $4,825,927
$1,176,948
$7,147,385
27 $13,807,644 $5,069,159
$1,235,784
$7,502,701
28 $14,498,052 $5,324,610
$1,297,576
$7,875,866
29 $15,223,032 $5,592,852
$1,362,461
$8,267,719
30 $15,984,132 $5,874,459
$1,430,580
$8,679,093