The jackpot for the Powerball draw on Wed Sep 17, 2025, is projected to be $81 Million, with an option for a cash payout of $37.9 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 Sep 17, 2025 |
|---|
| Draw Date | Wed Sep 17, 2025 | | Projected Jackpot | $81,000,000 | | Cash Value | $37,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $37,900,000 | | Federal Tax(24%) | $9,096,000 | | Additional Federal Tax | $4,887,330 | | State Tax(6.75%) | $2,558,250 | | Net Lumpsum Payment | $21,358,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,219,131 |
$411,409
$82,291 |
$725,431 |
| 2 |
$1,280,124 |
$433,976
$86,408 |
$759,740 |
| 3 |
$1,344,114 |
$457,653
$90,728 |
$795,733 |
| 4 |
$1,411,344 |
$482,528
$95,266 |
$833,550 |
| 5 |
$1,481,895 |
$508,632
$100,028 |
$873,235 |
| 6 |
$1,556,010 |
$536,054
$105,031 |
$914,925 |
| 7 |
$1,633,770 |
$564,825
$110,279 |
$958,666 |
| 8 |
$1,715,499 |
$595,065
$115,796 |
$1,004,638 |
| 9 |
$1,801,278 |
$626,803
$121,586 |
$1,052,889 |
| 10 |
$1,891,350 |
$660,130
$127,666 |
$1,103,554 |
| 11 |
$1,985,877 |
$695,105
$134,047 |
$1,156,725 |
| 12 |
$2,085,183 |
$731,848
$140,750 |
$1,212,585 |
| 13 |
$2,189,430 |
$770,419
$147,787 |
$1,271,224 |
| 14 |
$2,298,942 |
$810,939
$155,179 |
$1,332,824 |
| 15 |
$2,413,881 |
$853,466
$162,937 |
$1,397,478 |
| 16 |
$2,534,571 |
$898,122
$171,084 |
$1,465,365 |
| 17 |
$2,661,255 |
$944,995
$179,635 |
$1,536,625 |
| 18 |
$2,794,338 |
$994,235
$188,618 |
$1,611,485 |
| 19 |
$2,934,063 |
$1,045,934
$198,049 |
$1,690,080 |
| 20 |
$3,080,754 |
$1,100,209
$207,951 |
$1,772,594 |
| 21 |
$3,234,816 |
$1,157,212
$218,350 |
$1,859,254 |
| 22 |
$3,396,573 |
$1,217,062
$229,269 |
$1,950,242 |
| 23 |
$3,566,349 |
$1,279,880
$240,729 |
$2,045,740 |
| 24 |
$3,744,711 |
$1,345,873
$252,768 |
$2,146,070 |
| 25 |
$3,931,902 |
$1,415,134
$265,403 |
$2,251,365 |
| 26 |
$4,128,570 |
$1,487,901
$278,678 |
$2,361,991 |
| 27 |
$4,334,958 |
$1,564,265
$292,610 |
$2,478,083 |
| 28 |
$4,551,714 |
$1,644,465
$307,241 |
$2,600,008 |
| 29 |
$4,779,324 |
$1,728,680
$322,604 |
$2,728,040 |
| 30 |
$5,018,274 |
$1,817,092
$338,733 |
$2,862,449 |
|
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