Jackpot Analysis Maryland Powerball

Jackpot Analysis for Maryland Powerball
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 Maryland residents, the state will deduct 8.95% from your lottery earnings.

Maryland Powerball Jackpot/Cash Option for Sat Oct 18, 2025
Draw DateSat 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(8.95%)$12,359,950
Net Lumpsum Payment$74,682,720
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $4,440,045 $1,603,147
$397,384
$2,439,514
2 $4,662,180 $1,685,337
$417,265
$2,559,578
3 $4,895,230 $1,771,565
$438,123
$2,685,542
4 $5,140,080 $1,862,160
$460,037
$2,817,883
5 $5,397,025 $1,957,230
$483,034
$2,956,761
6 $5,666,950 $2,057,102
$507,192
$3,102,656
7 $5,950,150 $2,161,886
$532,538
$3,255,726
8 $6,247,805 $2,272,018
$559,179
$3,416,608
9 $6,560,210 $2,387,608
$587,139
$3,585,463
10 $6,888,250 $2,508,983
$616,498
$3,762,769
11 $7,232,515 $2,636,361
$647,310
$3,948,844
12 $7,594,185 $2,770,179
$679,680
$4,144,326
13 $7,973,850 $2,910,655
$713,660
$4,349,535
14 $8,372,690 $3,058,226
$749,356
$4,565,108
15 $8,791,295 $3,213,110
$786,821
$4,791,364
16 $9,230,845 $3,375,743
$826,161
$5,028,941
17 $9,692,225 $3,546,454
$867,454
$5,278,317
18 $10,176,910 $3,725,787
$910,833
$5,540,290
19 $10,685,785 $3,914,071
$956,378
$5,815,336
20 $11,220,030 $4,111,741
$1,004,193
$6,104,096
21 $11,781,120 $4,319,345
$1,054,410
$6,407,365
22 $12,370,235 $4,537,317
$1,107,136
$6,725,782
23 $12,988,555 $4,766,096
$1,162,476
$7,059,983
24 $13,638,145 $5,006,444
$1,220,614
$7,411,087
25 $14,319,890 $5,258,690
$1,281,630
$7,779,570
26 $15,036,150 $5,523,706
$1,345,735
$8,166,709
27 $15,787,810 $5,801,820
$1,413,009
$8,572,981
28 $16,577,230 $6,093,905
$1,483,662
$8,999,663
29 $17,406,180 $6,400,617
$1,557,853
$9,447,710
30 $18,276,430 $6,722,609
$1,635,740
$9,918,081