Jackpot Analysis Minnesota Powerball

Jackpot Analysis for Minnesota 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 Minnesota residents, the state will deduct 7.25% from your lottery earnings.

Minnesota 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(7.25%)$8,758,000
Net Lumpsum Payment$67,385,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,883,158 $1,397,099
$281,529
$2,204,530
2 $4,077,432 $1,468,980
$295,614
$2,312,838
3 $4,281,252 $1,544,394
$310,391
$2,426,467
4 $4,495,392 $1,623,625
$325,916
$2,545,851
5 $4,720,110 $1,706,771
$342,208
$2,671,131
6 $4,956,180 $1,794,117
$359,323
$2,802,740
7 $5,203,860 $1,885,759
$377,280
$2,940,821
8 $5,464,182 $1,982,078
$396,153
$3,085,951
9 $5,737,404 $2,083,170
$415,962
$3,238,272
10 $6,024,300 $2,189,321
$436,762
$3,398,217
11 $6,325,386 $2,300,723
$458,590
$3,566,073
12 $6,641,694 $2,417,757
$481,523
$3,742,414
13 $6,973,740 $2,540,614
$505,596
$3,927,530
14 $7,322,556 $2,669,676
$530,885
$4,121,995
15 $7,688,658 $2,805,134
$557,428
$4,326,096
16 $8,073,078 $2,947,369
$585,298
$4,540,411
17 $8,476,590 $3,096,669
$614,553
$4,765,368
18 $8,900,484 $3,253,509
$645,285
$5,001,690
19 $9,345,534 $3,418,178
$677,551
$5,249,805
20 $9,812,772 $3,591,056
$711,426
$5,510,290
21 $10,303,488 $3,772,621
$747,003
$5,783,864
22 $10,818,714 $3,963,255
$784,357
$6,071,102
23 $11,359,482 $4,163,339
$823,562
$6,372,581
24 $11,927,598 $4,373,542
$864,751
$6,689,305
25 $12,523,836 $4,594,150
$907,978
$7,021,708
26 $13,150,260 $4,825,927
$953,394
$7,370,939
27 $13,807,644 $5,069,159
$1,001,054
$7,737,431
28 $14,498,052 $5,324,610
$1,051,109
$8,122,333
29 $15,223,032 $5,592,852
$1,103,670
$8,526,510
30 $15,984,132 $5,874,459
$1,158,850
$8,950,823