Jackpot Analysis Maine Powerball

Jackpot Analysis for Maine Powerball
The jackpot for the Powerball draw on Wed Jul 23, 2025, is projected to be $325 Million, with an option for a cash payout of $145.3 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 Maine residents, the state will deduct 5% from your lottery earnings.

Maine Powerball Jackpot/Cash Option for Wed Jul 23, 2025
Draw DateWed Jul 23, 2025
Projected Jackpot$325,000,000
Cash Value$145,300,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$145,300,000
Federal Tax(24%)$34,872,000
Additional Federal Tax$18,849,330
State Tax(5%)$7,265,000
Net Lumpsum Payment$84,313,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $4,891,575 $1,770,213
$244,579
$2,876,783
2 $5,136,300 $1,860,761
$256,815
$3,018,724
3 $5,393,050 $1,955,759
$269,653
$3,167,638
4 $5,662,800 $2,055,566
$283,140
$3,324,094
5 $5,945,875 $2,160,304
$297,294
$3,488,277
6 $6,243,250 $2,270,333
$312,163
$3,660,754
7 $6,555,250 $2,385,773
$327,763
$3,841,714
8 $6,883,175 $2,507,105
$344,159
$4,031,911
9 $7,227,350 $2,634,450
$361,368
$4,231,532
10 $7,588,750 $2,768,168
$379,438
$4,441,144
11 $7,968,025 $2,908,500
$398,401
$4,661,124
12 $8,366,475 $3,055,926
$418,324
$4,892,225
13 $8,784,750 $3,210,688
$439,238
$5,134,824
14 $9,224,150 $3,373,266
$461,208
$5,389,676
15 $9,685,325 $3,543,901
$484,266
$5,657,158
16 $10,169,575 $3,723,073
$508,479
$5,938,023
17 $10,677,875 $3,911,144
$533,894
$6,232,837
18 $11,211,850 $4,108,715
$560,593
$6,542,542
19 $11,772,475 $4,316,146
$588,624
$6,867,705
20 $12,361,050 $4,533,919
$618,053
$7,209,078
21 $12,979,200 $4,762,634
$648,960
$7,567,606
22 $13,628,225 $5,002,774
$681,411
$7,944,040
23 $14,309,425 $5,254,818
$715,471
$8,339,136
24 $15,025,075 $5,519,608
$751,254
$8,754,213
25 $15,776,150 $5,797,506
$788,808
$9,189,836
26 $16,565,250 $6,089,473
$828,263
$9,647,514
27 $17,393,350 $6,395,870
$869,668
$10,127,812
28 $18,263,050 $6,717,659
$913,153
$10,632,238
29 $19,176,300 $7,055,561
$958,815
$11,161,924
30 $20,135,050 $7,410,299
$1,006,753
$11,717,998