The jackpot for the Powerball draw on Sat Jul 5, 2025, is projected to be $190 Million, with an option for a cash payout of $87 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 Sat Jul 5, 2025 |
|---|
| Draw Date | Sat Jul 5, 2025 | | Projected Jackpot | $190,000,000 | | Cash Value | $87,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $87,000,000 | | Federal Tax(24%) | $20,880,000 | | Additional Federal Tax | $11,270,330 | | State Tax(4%) | $3,480,000 | | Net Lumpsum Payment | $51,369,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,859,690 |
$1,018,416
$114,388 |
$1,726,886 |
| 2 |
$3,002,760 |
$1,071,352
$120,110 |
$1,811,298 |
| 3 |
$3,152,860 |
$1,126,889
$126,114 |
$1,899,857 |
| 4 |
$3,310,560 |
$1,185,238
$132,422 |
$1,992,900 |
| 5 |
$3,476,050 |
$1,246,469
$139,042 |
$2,090,539 |
| 6 |
$3,649,900 |
$1,310,793
$145,996 |
$2,193,111 |
| 7 |
$3,832,300 |
$1,378,281
$153,292 |
$2,300,727 |
| 8 |
$4,024,010 |
$1,449,214
$160,960 |
$2,413,836 |
| 9 |
$4,225,220 |
$1,523,662
$169,009 |
$2,532,549 |
| 10 |
$4,436,500 |
$1,601,835
$177,460 |
$2,657,205 |
| 11 |
$4,658,230 |
$1,683,875
$186,329 |
$2,788,026 |
| 12 |
$4,891,170 |
$1,770,063
$195,647 |
$2,925,460 |
| 13 |
$5,135,700 |
$1,860,539
$205,428 |
$3,069,733 |
| 14 |
$5,392,580 |
$1,955,585
$215,703 |
$3,221,292 |
| 15 |
$5,662,190 |
$2,055,341
$226,488 |
$3,380,361 |
| 16 |
$5,945,290 |
$2,160,088
$237,812 |
$3,547,390 |
| 17 |
$6,242,450 |
$2,270,037
$249,698 |
$3,722,715 |
| 18 |
$6,554,620 |
$2,385,540
$262,185 |
$3,906,895 |
| 19 |
$6,882,370 |
$2,506,807
$275,295 |
$4,100,268 |
| 20 |
$7,226,460 |
$2,634,121
$289,058 |
$4,303,281 |
| 21 |
$7,587,840 |
$2,767,831
$303,514 |
$4,516,495 |
| 22 |
$7,967,270 |
$2,908,220
$318,691 |
$4,740,359 |
| 23 |
$8,365,510 |
$3,055,569
$334,620 |
$4,975,321 |
| 24 |
$8,783,890 |
$3,210,370
$351,356 |
$5,222,164 |
| 25 |
$9,222,980 |
$3,372,833
$368,919 |
$5,481,228 |
| 26 |
$9,684,300 |
$3,543,521
$387,372 |
$5,753,407 |
| 27 |
$10,168,420 |
$3,722,646
$406,737 |
$6,039,037 |
| 28 |
$10,676,860 |
$3,910,769
$427,074 |
$6,339,017 |
| 29 |
$11,210,760 |
$4,108,312
$448,430 |
$6,654,018 |
| 30 |
$11,771,260 |
$4,315,697
$470,850 |
$6,984,713 |
|
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