The jackpot for the Powerball draw on Wed Jul 2, 2025, is projected to be $174 Million, with an option for a cash payout of $79.7 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 Jul 2, 2025 |
|---|
| Draw Date | Wed Jul 2, 2025 | | Projected Jackpot | $174,000,000 | | Cash Value | $79,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $79,700,000 | | Federal Tax(24%) | $19,128,000 | | Additional Federal Tax | $10,321,330 | | State Tax(7.65%) | $6,097,050 | | Net Lumpsum Payment | $44,153,620 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,618,874 |
$929,314
$200,344 |
$1,489,216 |
| 2 |
$2,749,896 |
$977,792
$210,367 |
$1,561,737 |
| 3 |
$2,887,356 |
$1,028,652
$220,883 |
$1,637,821 |
| 4 |
$3,031,776 |
$1,082,088
$231,931 |
$1,717,757 |
| 5 |
$3,183,330 |
$1,138,162
$243,525 |
$1,801,643 |
| 6 |
$3,342,540 |
$1,197,070
$255,704 |
$1,889,766 |
| 7 |
$3,509,580 |
$1,258,875
$268,483 |
$1,982,222 |
| 8 |
$3,685,146 |
$1,323,834
$281,914 |
$2,079,398 |
| 9 |
$3,869,412 |
$1,392,013
$296,010 |
$2,181,389 |
| 10 |
$4,062,900 |
$1,463,603
$310,812 |
$2,288,485 |
| 11 |
$4,265,958 |
$1,538,735
$326,346 |
$2,400,877 |
| 12 |
$4,479,282 |
$1,617,665
$342,665 |
$2,518,952 |
| 13 |
$4,703,220 |
$1,700,522
$359,796 |
$2,642,902 |
| 14 |
$4,938,468 |
$1,787,564
$377,793 |
$2,773,111 |
| 15 |
$5,185,374 |
$1,878,919
$396,681 |
$2,909,774 |
| 16 |
$5,444,634 |
$1,974,845
$416,515 |
$3,053,274 |
| 17 |
$5,716,770 |
$2,075,535
$437,333 |
$3,203,902 |
| 18 |
$6,002,652 |
$2,181,312
$459,203 |
$3,362,137 |
| 19 |
$6,302,802 |
$2,292,367
$482,164 |
$3,528,271 |
| 20 |
$6,617,916 |
$2,408,959
$506,271 |
$3,702,686 |
| 21 |
$6,948,864 |
$2,531,410
$531,588 |
$3,885,866 |
| 22 |
$7,296,342 |
$2,659,977
$558,170 |
$4,078,195 |
| 23 |
$7,661,046 |
$2,794,917
$586,070 |
$4,280,059 |
| 24 |
$8,044,194 |
$2,936,682
$615,381 |
$4,492,131 |
| 25 |
$8,446,308 |
$3,085,464
$646,143 |
$4,714,701 |
| 26 |
$8,868,780 |
$3,241,779
$678,462 |
$4,948,539 |
| 27 |
$9,312,132 |
$3,405,819
$712,378 |
$5,193,935 |
| 28 |
$9,777,756 |
$3,578,100
$747,998 |
$5,451,658 |
| 29 |
$10,266,696 |
$3,759,008
$785,402 |
$5,722,286 |
| 30 |
$10,779,996 |
$3,948,929
$824,670 |
$6,006,397 |
|
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