Jackpot Analysis Rhode Island Powerball

Jackpot Analysis for Rhode Island Powerball
The jackpot for the Powerball draw on Sat Jul 26, 2025, is projected to be $350 Million, with an option for a cash payout of $156.5 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 Rhode Island residents, the state will deduct 5.99% from your lottery earnings.

Rhode Island Powerball Jackpot/Cash Option for Sat Jul 26, 2025
Draw DateSat Jul 26, 2025
Projected Jackpot$350,000,000
Cash Value$156,500,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$156,500,000
Federal Tax(24%)$37,560,000
Additional Federal Tax$20,305,330
State Tax(5.99%)$9,374,350
Net Lumpsum Payment$89,260,320
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $5,267,850 $1,909,435
$315,544
$3,042,871
2 $5,531,400 $2,006,948
$331,331
$3,193,121
3 $5,807,900 $2,109,253
$347,893
$3,350,754
4 $6,098,400 $2,216,738
$365,294
$3,516,368
5 $6,403,250 $2,329,533
$383,555
$3,690,162
6 $6,723,500 $2,448,025
$402,738
$3,872,737
7 $7,059,500 $2,572,345
$422,864
$4,064,291
8 $7,412,650 $2,703,011
$444,018
$4,265,621
9 $7,783,300 $2,840,151
$466,220
$4,476,929
10 $8,172,500 $2,984,155
$489,533
$4,698,812
11 $8,580,950 $3,135,282
$513,999
$4,931,669
12 $9,010,050 $3,294,049
$539,702
$5,176,299
13 $9,460,500 $3,460,715
$566,684
$5,433,101
14 $9,933,700 $3,635,799
$595,029
$5,702,872
15 $10,430,350 $3,819,560
$624,778
$5,986,012
16 $10,951,850 $4,012,515
$656,016
$6,283,319
17 $11,499,250 $4,215,053
$688,805
$6,595,392
18 $12,074,300 $4,427,821
$723,251
$6,923,228
19 $12,678,050 $4,651,209
$759,415
$7,267,426
20 $13,311,900 $4,885,733
$797,383
$7,628,784
21 $13,977,600 $5,132,042
$837,258
$8,008,300
22 $14,676,550 $5,390,654
$879,125
$8,406,771
23 $15,410,150 $5,662,086
$923,068
$8,824,996
24 $16,180,850 $5,947,245
$969,233
$9,264,372
25 $16,989,700 $6,246,519
$1,017,683
$9,725,498
26 $17,839,500 $6,560,945
$1,068,586
$10,209,969
27 $18,731,300 $6,890,911
$1,122,005
$10,718,384
28 $19,667,900 $7,237,453
$1,178,107
$11,252,340
29 $20,651,400 $7,601,348
$1,237,019
$11,813,033
30 $21,683,900 $7,983,373
$1,298,866
$12,401,661