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 Ohio residents, the state will deduct 3.99% from your lottery earnings.
| Ohio 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(3.99%) | $4,819,920 | | Net Lumpsum Payment | $71,323,750 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,883,158 |
$1,397,099
$154,938 |
$2,331,121 |
| 2 |
$4,077,432 |
$1,468,980
$162,690 |
$2,445,762 |
| 3 |
$4,281,252 |
$1,544,394
$170,822 |
$2,566,036 |
| 4 |
$4,495,392 |
$1,623,625
$179,366 |
$2,692,401 |
| 5 |
$4,720,110 |
$1,706,771
$188,332 |
$2,825,007 |
| 6 |
$4,956,180 |
$1,794,117
$197,752 |
$2,964,311 |
| 7 |
$5,203,860 |
$1,885,759
$207,634 |
$3,110,467 |
| 8 |
$5,464,182 |
$1,982,078
$218,021 |
$3,264,083 |
| 9 |
$5,737,404 |
$2,083,170
$228,922 |
$3,425,312 |
| 10 |
$6,024,300 |
$2,189,321
$240,370 |
$3,594,609 |
| 11 |
$6,325,386 |
$2,300,723
$252,383 |
$3,772,280 |
| 12 |
$6,641,694 |
$2,417,757
$265,004 |
$3,958,933 |
| 13 |
$6,973,740 |
$2,540,614
$278,252 |
$4,154,874 |
| 14 |
$7,322,556 |
$2,669,676
$292,170 |
$4,360,710 |
| 15 |
$7,688,658 |
$2,805,134
$306,777 |
$4,576,747 |
| 16 |
$8,073,078 |
$2,947,369
$322,116 |
$4,803,593 |
| 17 |
$8,476,590 |
$3,096,669
$338,216 |
$5,041,705 |
| 18 |
$8,900,484 |
$3,253,509
$355,129 |
$5,291,846 |
| 19 |
$9,345,534 |
$3,418,178
$372,887 |
$5,554,469 |
| 20 |
$9,812,772 |
$3,591,056
$391,530 |
$5,830,186 |
| 21 |
$10,303,488 |
$3,772,621
$411,109 |
$6,119,758 |
| 22 |
$10,818,714 |
$3,963,255
$431,667 |
$6,423,792 |
| 23 |
$11,359,482 |
$4,163,339
$453,243 |
$6,742,900 |
| 24 |
$11,927,598 |
$4,373,542
$475,911 |
$7,078,145 |
| 25 |
$12,523,836 |
$4,594,150
$499,701 |
$7,429,985 |
| 26 |
$13,150,260 |
$4,825,927
$524,695 |
$7,799,638 |
| 27 |
$13,807,644 |
$5,069,159
$550,925 |
$8,187,560 |
| 28 |
$14,498,052 |
$5,324,610
$578,472 |
$8,594,970 |
| 29 |
$15,223,032 |
$5,592,852
$607,399 |
$9,022,781 |
| 30 |
$15,984,132 |
$5,874,459
$637,767 |
$9,471,906 |
|
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