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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
Wisconsin 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(7.65%) | $9,241,200 | Net Lumpsum Payment | $66,902,470 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,883,158 |
$1,397,099 $297,062 |
$2,188,997 |
2 |
$4,077,432 |
$1,468,980 $311,924 |
$2,296,528 |
3 |
$4,281,252 |
$1,544,394 $327,516 |
$2,409,342 |
4 |
$4,495,392 |
$1,623,625 $343,897 |
$2,527,870 |
5 |
$4,720,110 |
$1,706,771 $361,088 |
$2,652,251 |
6 |
$4,956,180 |
$1,794,117 $379,148 |
$2,782,915 |
7 |
$5,203,860 |
$1,885,759 $398,095 |
$2,920,006 |
8 |
$5,464,182 |
$1,982,078 $418,010 |
$3,064,094 |
9 |
$5,737,404 |
$2,083,170 $438,911 |
$3,215,323 |
10 |
$6,024,300 |
$2,189,321 $460,859 |
$3,374,120 |
11 |
$6,325,386 |
$2,300,723 $483,892 |
$3,540,771 |
12 |
$6,641,694 |
$2,417,757 $508,090 |
$3,715,847 |
13 |
$6,973,740 |
$2,540,614 $533,491 |
$3,899,635 |
14 |
$7,322,556 |
$2,669,676 $560,176 |
$4,092,704 |
15 |
$7,688,658 |
$2,805,134 $588,182 |
$4,295,342 |
16 |
$8,073,078 |
$2,947,369 $617,590 |
$4,508,119 |
17 |
$8,476,590 |
$3,096,669 $648,459 |
$4,731,462 |
18 |
$8,900,484 |
$3,253,509 $680,887 |
$4,966,088 |
19 |
$9,345,534 |
$3,418,178 $714,933 |
$5,212,423 |
20 |
$9,812,772 |
$3,591,056 $750,677 |
$5,471,039 |
21 |
$10,303,488 |
$3,772,621 $788,217 |
$5,742,650 |
22 |
$10,818,714 |
$3,963,255 $827,632 |
$6,027,827 |
23 |
$11,359,482 |
$4,163,339 $869,000 |
$6,327,143 |
24 |
$11,927,598 |
$4,373,542 $912,461 |
$6,641,595 |
25 |
$12,523,836 |
$4,594,150 $958,073 |
$6,971,613 |
26 |
$13,150,260 |
$4,825,927 $1,005,995 |
$7,318,338 |
27 |
$13,807,644 |
$5,069,159 $1,056,285 |
$7,682,200 |
28 |
$14,498,052 |
$5,324,610 $1,109,101 |
$8,064,341 |
29 |
$15,223,032 |
$5,592,852 $1,164,562 |
$8,465,618 |
30 |
$15,984,132 |
$5,874,459 $1,222,786 |
$8,886,887 |
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