The jackpot for the Powerball draw on Mon May 19, 2025, is projected to be $134 Million, with an option for a cash payout of $60.3 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 Missouri residents, the state will deduct 4% from your lottery earnings.
| Missouri Powerball Jackpot/Cash Option for Mon May 19, 2025 |
|---|
| Draw Date | Mon May 19, 2025 | | Projected Jackpot | $134,000,000 | | Cash Value | $60,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $60,300,000 | | Federal Tax(24%) | $14,472,000 | | Additional Federal Tax | $7,799,330 | | State Tax(4%) | $2,412,000 | | Net Lumpsum Payment | $35,616,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,016,834 |
$706,559
$80,673 |
$1,229,602 |
| 2 |
$2,117,736 |
$743,893
$84,709 |
$1,289,134 |
| 3 |
$2,223,596 |
$783,061
$88,944 |
$1,351,591 |
| 4 |
$2,334,816 |
$824,212
$93,393 |
$1,417,211 |
| 5 |
$2,451,530 |
$867,396
$98,061 |
$1,486,073 |
| 6 |
$2,574,140 |
$912,762
$102,966 |
$1,558,412 |
| 7 |
$2,702,780 |
$960,359
$108,111 |
$1,634,310 |
| 8 |
$2,837,986 |
$1,010,385
$113,519 |
$1,714,082 |
| 9 |
$2,979,892 |
$1,062,890
$119,196 |
$1,797,806 |
| 10 |
$3,128,900 |
$1,118,023
$125,156 |
$1,885,721 |
| 11 |
$3,285,278 |
$1,175,883
$131,411 |
$1,977,984 |
| 12 |
$3,449,562 |
$1,236,668
$137,982 |
$2,074,912 |
| 13 |
$3,622,020 |
$1,300,478
$144,881 |
$2,176,661 |
| 14 |
$3,803,188 |
$1,367,510
$152,128 |
$2,283,550 |
| 15 |
$3,993,334 |
$1,437,864
$159,733 |
$2,395,737 |
| 16 |
$4,192,994 |
$1,511,738
$167,720 |
$2,513,536 |
| 17 |
$4,402,570 |
$1,589,281
$176,103 |
$2,637,186 |
| 18 |
$4,622,732 |
$1,670,741
$184,909 |
$2,767,082 |
| 19 |
$4,853,882 |
$1,756,267
$194,155 |
$2,903,460 |
| 20 |
$5,096,556 |
$1,846,056
$203,862 |
$3,046,638 |
| 21 |
$5,351,424 |
$1,940,357
$214,057 |
$3,197,010 |
| 22 |
$5,619,022 |
$2,039,369
$224,761 |
$3,354,892 |
| 23 |
$5,899,886 |
$2,143,288
$235,995 |
$3,520,603 |
| 24 |
$6,194,954 |
$2,252,463
$247,798 |
$3,694,693 |
| 25 |
$6,504,628 |
$2,367,043
$260,185 |
$3,877,400 |
| 26 |
$6,829,980 |
$2,487,423
$273,199 |
$4,069,358 |
| 27 |
$7,171,412 |
$2,613,753
$286,856 |
$4,270,803 |
| 28 |
$7,529,996 |
$2,746,429
$301,200 |
$4,482,367 |
| 29 |
$7,906,536 |
$2,885,749
$316,261 |
$4,704,526 |
| 30 |
$8,301,836 |
$3,032,010
$332,073 |
$4,937,753 |
|
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