The jackpot for the Powerball draw on Mon Oct 27, 2025, is projected to be $358 Million, with an option for a cash payout of $170.7 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 Mon Oct 27, 2025 |
|---|
| Draw Date | Mon Oct 27, 2025 | | Projected Jackpot | $358,000,000 | | Cash Value | $170,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $170,700,000 | | Federal Tax(24%) | $40,968,000 | | Additional Federal Tax | $22,151,330 | | State Tax(6.75%) | $11,522,250 | | Net Lumpsum Payment | $96,058,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,388,258 |
$1,953,986
$363,707 |
$3,070,565 |
| 2 |
$5,657,832 |
$2,053,728
$381,904 |
$3,222,200 |
| 3 |
$5,940,652 |
$2,158,372
$400,994 |
$3,381,286 |
| 4 |
$6,237,792 |
$2,268,313
$421,051 |
$3,548,428 |
| 5 |
$6,549,610 |
$2,383,686
$442,099 |
$3,723,825 |
| 6 |
$6,877,180 |
$2,504,887
$464,210 |
$3,908,083 |
| 7 |
$7,220,860 |
$2,632,049
$487,408 |
$4,101,403 |
| 8 |
$7,582,082 |
$2,765,701
$511,791 |
$4,304,590 |
| 9 |
$7,961,204 |
$2,905,976
$537,381 |
$4,517,847 |
| 10 |
$8,359,300 |
$3,053,271
$564,253 |
$4,741,776 |
| 11 |
$8,777,086 |
$3,207,852
$592,453 |
$4,976,781 |
| 12 |
$9,215,994 |
$3,370,248
$622,080 |
$5,223,666 |
| 13 |
$9,676,740 |
$3,540,724
$653,180 |
$5,482,836 |
| 14 |
$10,160,756 |
$3,719,810
$685,851 |
$5,755,095 |
| 15 |
$10,668,758 |
$3,907,771
$720,141 |
$6,040,846 |
| 16 |
$11,202,178 |
$4,105,136
$756,147 |
$6,340,895 |
| 17 |
$11,762,090 |
$4,312,304
$793,941 |
$6,655,845 |
| 18 |
$12,350,284 |
$4,529,935
$833,644 |
$6,986,705 |
| 19 |
$12,967,834 |
$4,758,429
$875,329 |
$7,334,076 |
| 20 |
$13,616,172 |
$4,998,314
$919,092 |
$7,698,766 |
| 21 |
$14,297,088 |
$5,250,253
$965,053 |
$8,081,782 |
| 22 |
$15,012,014 |
$5,514,776
$1,013,311 |
$8,483,927 |
| 23 |
$15,762,382 |
$5,792,412
$1,063,961 |
$8,906,009 |
| 24 |
$16,550,698 |
$6,084,089
$1,117,172 |
$9,349,437 |
| 25 |
$17,378,036 |
$6,390,204
$1,173,017 |
$9,814,815 |
| 26 |
$18,247,260 |
$6,711,817
$1,231,690 |
$10,303,753 |
| 27 |
$19,159,444 |
$7,049,325
$1,293,262 |
$10,816,857 |
| 28 |
$20,117,452 |
$7,403,788
$1,357,928 |
$11,355,736 |
| 29 |
$21,123,432 |
$7,776,000
$1,425,832 |
$11,921,600 |
| 30 |
$22,179,532 |
$8,166,757
$1,497,118 |
$12,515,657 |
|
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