The jackpot for the Powerball draw on Mon Oct 13, 2025, is projected to be $258 Million, with an option for a cash payout of $120.8 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 13, 2025 |
|---|
| Draw Date | Mon Oct 13, 2025 | | Projected Jackpot | $258,000,000 | | Cash Value | $120,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $120,800,000 | | Federal Tax(24%) | $28,992,000 | | Additional Federal Tax | $15,664,330 | | State Tax(6.75%) | $8,154,000 | | Net Lumpsum Payment | $67,989,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,883,158 |
$1,397,099
$262,113 |
$2,223,946 |
| 2 |
$4,077,432 |
$1,468,980
$275,227 |
$2,333,225 |
| 3 |
$4,281,252 |
$1,544,394
$288,985 |
$2,447,873 |
| 4 |
$4,495,392 |
$1,623,625
$303,439 |
$2,568,328 |
| 5 |
$4,720,110 |
$1,706,771
$318,607 |
$2,694,732 |
| 6 |
$4,956,180 |
$1,794,117
$334,542 |
$2,827,521 |
| 7 |
$5,203,860 |
$1,885,759
$351,261 |
$2,966,840 |
| 8 |
$5,464,182 |
$1,982,078
$368,832 |
$3,113,272 |
| 9 |
$5,737,404 |
$2,083,170
$387,275 |
$3,266,959 |
| 10 |
$6,024,300 |
$2,189,321
$406,640 |
$3,428,339 |
| 11 |
$6,325,386 |
$2,300,723
$426,964 |
$3,597,699 |
| 12 |
$6,641,694 |
$2,417,757
$448,314 |
$3,775,623 |
| 13 |
$6,973,740 |
$2,540,614
$470,727 |
$3,962,399 |
| 14 |
$7,322,556 |
$2,669,676
$494,273 |
$4,158,607 |
| 15 |
$7,688,658 |
$2,805,134
$518,984 |
$4,364,540 |
| 16 |
$8,073,078 |
$2,947,369
$544,933 |
$4,580,776 |
| 17 |
$8,476,590 |
$3,096,669
$572,170 |
$4,807,751 |
| 18 |
$8,900,484 |
$3,253,509
$600,783 |
$5,046,192 |
| 19 |
$9,345,534 |
$3,418,178
$630,824 |
$5,296,532 |
| 20 |
$9,812,772 |
$3,591,056
$662,362 |
$5,559,354 |
| 21 |
$10,303,488 |
$3,772,621
$695,485 |
$5,835,382 |
| 22 |
$10,818,714 |
$3,963,255
$730,263 |
$6,125,196 |
| 23 |
$11,359,482 |
$4,163,339
$766,765 |
$6,429,378 |
| 24 |
$11,927,598 |
$4,373,542
$805,113 |
$6,748,943 |
| 25 |
$12,523,836 |
$4,594,150
$845,359 |
$7,084,327 |
| 26 |
$13,150,260 |
$4,825,927
$887,643 |
$7,436,690 |
| 27 |
$13,807,644 |
$5,069,159
$932,016 |
$7,806,469 |
| 28 |
$14,498,052 |
$5,324,610
$978,619 |
$8,194,823 |
| 29 |
$15,223,032 |
$5,592,852
$1,027,555 |
$8,602,625 |
| 30 |
$15,984,132 |
$5,874,459
$1,078,929 |
$9,030,744 |
|
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