The jackpot for the Powerball draw on Wed Mar 25, 2026, is projected to be $147 Million, with an option for a cash payout of $66.6 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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana Powerball Jackpot/Cash Option for Wed Mar 25, 2026 |
|---|
| Draw Date | Wed Mar 25, 2026 | | Projected Jackpot | $147,000,000 | | Cash Value | $66,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $66,600,000 | | Federal Tax(24%) | $15,984,000 | | Additional Federal Tax | $8,618,330 | | State Tax(6.75%) | $4,495,500 | | Net Lumpsum Payment | $37,502,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,212,497 |
$778,954
$149,344 |
$1,284,199 |
| 2 |
$2,323,188 |
$819,910
$156,815 |
$1,346,463 |
| 3 |
$2,439,318 |
$862,878
$164,654 |
$1,411,786 |
| 4 |
$2,561,328 |
$908,022
$172,890 |
$1,480,416 |
| 5 |
$2,689,365 |
$955,395
$181,532 |
$1,552,438 |
| 6 |
$2,823,870 |
$1,005,162
$190,611 |
$1,628,097 |
| 7 |
$2,964,990 |
$1,057,377
$200,137 |
$1,707,476 |
| 8 |
$3,113,313 |
$1,112,256
$210,149 |
$1,790,908 |
| 9 |
$3,268,986 |
$1,169,855
$220,657 |
$1,878,474 |
| 10 |
$3,432,450 |
$1,230,337
$231,690 |
$1,970,423 |
| 11 |
$3,603,999 |
$1,293,810
$243,270 |
$2,066,919 |
| 12 |
$3,784,221 |
$1,360,492
$255,435 |
$2,168,294 |
| 13 |
$3,973,410 |
$1,430,492
$268,205 |
$2,274,713 |
| 14 |
$4,172,154 |
$1,504,027
$281,620 |
$2,386,507 |
| 15 |
$4,380,747 |
$1,581,207
$295,700 |
$2,503,840 |
| 16 |
$4,599,777 |
$1,662,248
$310,485 |
$2,627,044 |
| 17 |
$4,829,685 |
$1,747,314
$326,004 |
$2,756,367 |
| 18 |
$5,071,206 |
$1,836,677
$342,306 |
$2,892,223 |
| 19 |
$5,324,781 |
$1,930,499
$359,423 |
$3,034,859 |
| 20 |
$5,590,998 |
$2,029,000
$377,392 |
$3,184,606 |
| 21 |
$5,870,592 |
$2,132,449
$396,265 |
$3,341,878 |
| 22 |
$6,164,151 |
$2,241,066
$416,080 |
$3,507,005 |
| 23 |
$6,472,263 |
$2,355,068
$436,878 |
$3,680,317 |
| 24 |
$6,795,957 |
$2,474,834
$458,727 |
$3,862,396 |
| 25 |
$7,135,674 |
$2,600,530
$481,658 |
$4,053,486 |
| 26 |
$7,492,590 |
$2,732,589
$505,750 |
$4,254,251 |
| 27 |
$7,867,146 |
$2,871,174
$531,032 |
$4,464,940 |
| 28 |
$8,260,518 |
$3,016,722
$557,585 |
$4,686,211 |
| 29 |
$8,673,588 |
$3,169,558
$585,467 |
$4,918,563 |
| 30 |
$9,107,238 |
$3,330,008
$614,739 |
$5,162,491 |
|
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