Jackpot Analysis Ohio Powerball

Jackpot Analysis for Ohio Powerball
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 Ohio residents, the state will deduct 3.99% from your lottery earnings.

Ohio Powerball Jackpot/Cash Option for Mon Oct 27, 2025
Draw DateMon 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(3.99%)$6,810,930
Net Lumpsum Payment$100,769,740
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $5,388,258 $1,953,986
$214,991
$3,219,281
2 $5,657,832 $2,053,728
$225,747
$3,378,357
3 $5,940,652 $2,158,372
$237,032
$3,545,248
4 $6,237,792 $2,268,313
$248,888
$3,720,591
5 $6,549,610 $2,383,686
$261,329
$3,904,595
6 $6,877,180 $2,504,887
$274,399
$4,097,894
7 $7,220,860 $2,632,049
$288,112
$4,300,699
8 $7,582,082 $2,765,701
$302,525
$4,513,856
9 $7,961,204 $2,905,976
$317,652
$4,737,576
10 $8,359,300 $3,053,271
$333,536
$4,972,493
11 $8,777,086 $3,207,852
$350,206
$5,219,028
12 $9,215,994 $3,370,248
$367,718
$5,478,028
13 $9,676,740 $3,540,724
$386,102
$5,749,914
14 $10,160,756 $3,719,810
$405,414
$6,035,532
15 $10,668,758 $3,907,771
$425,683
$6,335,304
16 $11,202,178 $4,105,136
$446,967
$6,650,075
17 $11,762,090 $4,312,304
$469,307
$6,980,479
18 $12,350,284 $4,529,935
$492,776
$7,327,573
19 $12,967,834 $4,758,429
$517,417
$7,691,988
20 $13,616,172 $4,998,314
$543,285
$8,074,573
21 $14,297,088 $5,250,253
$570,454
$8,476,381
22 $15,012,014 $5,514,776
$598,979
$8,898,259
23 $15,762,382 $5,792,412
$628,919
$9,341,051
24 $16,550,698 $6,084,089
$660,373
$9,806,236
25 $17,378,036 $6,390,204
$693,384
$10,294,448
26 $18,247,260 $6,711,817
$728,066
$10,807,377
27 $19,159,444 $7,049,325
$764,462
$11,345,657
28 $20,117,452 $7,403,788
$802,686
$11,910,978
29 $21,123,432 $7,776,000
$842,825
$12,504,607
30 $22,179,532 $8,166,757
$884,963
$13,127,812