The jackpot for the Powerball draw on Wed Jul 30, 2025, is projected to be $384 Million, with an option for a cash payout of $173.1 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 Missouri residents, the state will deduct 4% from your lottery earnings.
Missouri Powerball Jackpot/Cash Option for Wed Jul 30, 2025 |
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Draw Date | Wed Jul 30, 2025 | Projected Jackpot | $384,000,000 | Cash Value | $173,100,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $173,100,000 | Federal Tax(24%) | $41,544,000 | Additional Federal Tax | $22,463,330 | State Tax(4%) | $6,924,000 | Net Lumpsum Payment | $102,168,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$5,779,584 |
$2,098,776 $231,183 |
$3,449,625 |
2 |
$6,068,736 |
$2,205,763 $242,749 |
$3,620,224 |
3 |
$6,372,096 |
$2,318,006 $254,884 |
$3,799,206 |
4 |
$6,690,816 |
$2,435,932 $267,633 |
$3,987,251 |
5 |
$7,025,280 |
$2,559,684 $281,011 |
$4,184,585 |
6 |
$7,376,640 |
$2,689,687 $295,066 |
$4,391,887 |
7 |
$7,745,280 |
$2,826,084 $309,811 |
$4,609,385 |
8 |
$8,132,736 |
$2,969,443 $325,309 |
$4,837,984 |
9 |
$8,539,392 |
$3,119,905 $341,576 |
$5,077,911 |
10 |
$8,966,400 |
$3,277,898 $358,656 |
$5,329,846 |
11 |
$9,414,528 |
$3,443,706 $376,581 |
$5,594,241 |
12 |
$9,885,312 |
$3,617,896 $395,412 |
$5,872,004 |
13 |
$10,379,520 |
$3,800,753 $415,181 |
$6,163,586 |
14 |
$10,898,688 |
$3,992,845 $435,948 |
$6,469,895 |
15 |
$11,443,584 |
$4,194,456 $457,743 |
$6,791,385 |
16 |
$12,015,744 |
$4,406,156 $480,630 |
$7,128,958 |
17 |
$12,616,320 |
$4,628,369 $504,653 |
$7,483,298 |
18 |
$13,247,232 |
$4,861,806 $529,889 |
$7,855,537 |
19 |
$13,909,632 |
$5,106,894 $556,385 |
$8,246,353 |
20 |
$14,605,056 |
$5,364,201 $584,202 |
$8,656,653 |
21 |
$15,335,424 |
$5,634,437 $613,417 |
$9,087,570 |
22 |
$16,102,272 |
$5,918,171 $644,091 |
$9,540,010 |
23 |
$16,907,136 |
$6,215,971 $676,285 |
$10,014,880 |
24 |
$17,752,704 |
$6,528,831 $710,108 |
$10,513,765 |
25 |
$18,640,128 |
$6,857,178 $745,605 |
$11,037,345 |
26 |
$19,572,480 |
$7,202,148 $782,899 |
$11,587,433 |
27 |
$20,550,912 |
$7,564,168 $822,036 |
$12,164,708 |
28 |
$21,578,496 |
$7,944,374 $863,140 |
$12,770,982 |
29 |
$22,657,536 |
$8,343,619 $906,301 |
$13,407,616 |
30 |
$23,790,336 |
$8,762,755 $951,613 |
$14,075,968 |
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