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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
Pennsylvania Powerball Jackpot/Cash Option for Mon Oct 13, 2025 |
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Draw Date | Mon Oct 13, 2025 | Projected Jackpot | $258,000,000 | Cash Value | $120,800,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $120,800,000 | Federal Tax(24%) | $28,992,000 | Additional Federal Tax | $15,664,330 | State Tax(3.07%) | $3,708,560 | Net Lumpsum Payment | $72,435,110 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,883,158 |
$1,397,099 $119,213 |
$2,366,846 |
2 |
$4,077,432 |
$1,468,980 $125,177 |
$2,483,275 |
3 |
$4,281,252 |
$1,544,394 $131,434 |
$2,605,424 |
4 |
$4,495,392 |
$1,623,625 $138,009 |
$2,733,758 |
5 |
$4,720,110 |
$1,706,771 $144,907 |
$2,868,432 |
6 |
$4,956,180 |
$1,794,117 $152,155 |
$3,009,908 |
7 |
$5,203,860 |
$1,885,759 $159,759 |
$3,158,342 |
8 |
$5,464,182 |
$1,982,078 $167,750 |
$3,314,354 |
9 |
$5,737,404 |
$2,083,170 $176,138 |
$3,478,096 |
10 |
$6,024,300 |
$2,189,321 $184,946 |
$3,650,033 |
11 |
$6,325,386 |
$2,300,723 $194,189 |
$3,830,474 |
12 |
$6,641,694 |
$2,417,757 $203,900 |
$4,020,037 |
13 |
$6,973,740 |
$2,540,614 $214,094 |
$4,219,032 |
14 |
$7,322,556 |
$2,669,676 $224,802 |
$4,428,078 |
15 |
$7,688,658 |
$2,805,134 $236,042 |
$4,647,482 |
16 |
$8,073,078 |
$2,947,369 $247,843 |
$4,877,866 |
17 |
$8,476,590 |
$3,096,669 $260,231 |
$5,119,690 |
18 |
$8,900,484 |
$3,253,509 $273,245 |
$5,373,730 |
19 |
$9,345,534 |
$3,418,178 $286,908 |
$5,640,448 |
20 |
$9,812,772 |
$3,591,056 $301,252 |
$5,920,464 |
21 |
$10,303,488 |
$3,772,621 $316,317 |
$6,214,550 |
22 |
$10,818,714 |
$3,963,255 $332,135 |
$6,523,324 |
23 |
$11,359,482 |
$4,163,339 $348,736 |
$6,847,407 |
24 |
$11,927,598 |
$4,373,542 $366,177 |
$7,187,879 |
25 |
$12,523,836 |
$4,594,150 $384,482 |
$7,545,204 |
26 |
$13,150,260 |
$4,825,927 $403,713 |
$7,920,620 |
27 |
$13,807,644 |
$5,069,159 $423,895 |
$8,314,590 |
28 |
$14,498,052 |
$5,324,610 $445,090 |
$8,728,352 |
29 |
$15,223,032 |
$5,592,852 $467,347 |
$9,162,833 |
30 |
$15,984,132 |
$5,874,459 $490,713 |
$9,618,960 |
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