The jackpot for the Powerball draw on Wed Aug 13, 2025, is projected to be $526 Million, with an option for a cash payout of $241 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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin Powerball Jackpot/Cash Option for Wed Aug 13, 2025 |
|---|
| Draw Date | Wed Aug 13, 2025 | | Projected Jackpot | $526,000,000 | | Cash Value | $241,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $241,000,000 | | Federal Tax(24%) | $57,840,000 | | Additional Federal Tax | $31,290,330 | | State Tax(7.65%) | $18,436,500 | | Net Lumpsum Payment | $133,433,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,916,826 |
$2,889,556
$605,637 |
$4,421,633 |
| 2 |
$8,312,904 |
$3,036,105
$635,937 |
$4,640,862 |
| 3 |
$8,728,444 |
$3,189,855
$667,726 |
$4,870,863 |
| 4 |
$9,165,024 |
$3,351,389
$701,124 |
$5,112,511 |
| 5 |
$9,623,170 |
$3,520,903
$736,173 |
$5,366,094 |
| 6 |
$10,104,460 |
$3,698,981
$772,991 |
$5,632,488 |
| 7 |
$10,609,420 |
$3,885,816
$811,621 |
$5,911,983 |
| 8 |
$11,140,154 |
$4,082,187
$852,222 |
$6,205,745 |
| 9 |
$11,697,188 |
$4,288,290
$894,835 |
$6,514,063 |
| 10 |
$12,282,100 |
$4,504,707
$939,581 |
$6,837,812 |
| 11 |
$12,895,942 |
$4,731,829
$986,540 |
$7,177,573 |
| 12 |
$13,540,818 |
$4,970,433
$1,035,873 |
$7,534,512 |
| 13 |
$14,217,780 |
$5,220,909
$1,087,660 |
$7,909,211 |
| 14 |
$14,928,932 |
$5,484,035
$1,142,063 |
$8,302,834 |
| 15 |
$15,675,326 |
$5,760,201
$1,199,162 |
$8,715,963 |
| 16 |
$16,459,066 |
$6,050,185
$1,259,119 |
$9,149,762 |
| 17 |
$17,281,730 |
$6,354,570
$1,322,052 |
$9,605,108 |
| 18 |
$18,145,948 |
$6,674,331
$1,388,165 |
$10,083,452 |
| 19 |
$19,053,298 |
$7,010,051
$1,457,577 |
$10,585,670 |
| 20 |
$20,005,884 |
$7,362,507
$1,530,450 |
$11,112,927 |
| 21 |
$21,006,336 |
$7,732,675
$1,606,985 |
$11,666,676 |
| 22 |
$22,056,758 |
$8,121,331
$1,687,342 |
$12,248,085 |
| 23 |
$23,159,254 |
$8,529,254
$1,771,683 |
$12,858,317 |
| 24 |
$24,317,506 |
$8,957,808
$1,860,289 |
$13,499,409 |
| 25 |
$25,533,092 |
$9,407,574
$1,953,282 |
$14,172,236 |
| 26 |
$26,810,220 |
$9,880,112
$2,050,982 |
$14,879,126 |
| 27 |
$28,150,468 |
$10,376,004
$2,153,511 |
$15,620,953 |
| 28 |
$29,558,044 |
$10,896,807
$2,261,190 |
$16,400,047 |
| 29 |
$31,036,104 |
$11,443,689
$2,374,262 |
$17,218,153 |
| 30 |
$32,587,804 |
$12,017,818
$2,492,967 |
$18,077,019 |
|
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