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 West Virginia residents, the state will deduct 6.5% from your lottery earnings.
West Virginia 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(6.5%) | $7,852,000 | Net Lumpsum Payment | $68,291,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,883,158 |
$1,397,099 $252,405 |
$2,233,654 |
2 |
$4,077,432 |
$1,468,980 $265,033 |
$2,343,419 |
3 |
$4,281,252 |
$1,544,394 $278,281 |
$2,458,577 |
4 |
$4,495,392 |
$1,623,625 $292,200 |
$2,579,567 |
5 |
$4,720,110 |
$1,706,771 $306,807 |
$2,706,532 |
6 |
$4,956,180 |
$1,794,117 $322,152 |
$2,839,911 |
7 |
$5,203,860 |
$1,885,759 $338,251 |
$2,979,850 |
8 |
$5,464,182 |
$1,982,078 $355,172 |
$3,126,932 |
9 |
$5,737,404 |
$2,083,170 $372,931 |
$3,281,303 |
10 |
$6,024,300 |
$2,189,321 $391,580 |
$3,443,399 |
11 |
$6,325,386 |
$2,300,723 $411,150 |
$3,613,513 |
12 |
$6,641,694 |
$2,417,757 $431,710 |
$3,792,227 |
13 |
$6,973,740 |
$2,540,614 $453,293 |
$3,979,833 |
14 |
$7,322,556 |
$2,669,676 $475,966 |
$4,176,914 |
15 |
$7,688,658 |
$2,805,134 $499,763 |
$4,383,761 |
16 |
$8,073,078 |
$2,947,369 $524,750 |
$4,600,959 |
17 |
$8,476,590 |
$3,096,669 $550,978 |
$4,828,943 |
18 |
$8,900,484 |
$3,253,509 $578,531 |
$5,068,444 |
19 |
$9,345,534 |
$3,418,178 $607,460 |
$5,319,896 |
20 |
$9,812,772 |
$3,591,056 $637,830 |
$5,583,886 |
21 |
$10,303,488 |
$3,772,621 $669,727 |
$5,861,140 |
22 |
$10,818,714 |
$3,963,255 $703,216 |
$6,152,243 |
23 |
$11,359,482 |
$4,163,339 $738,366 |
$6,457,777 |
24 |
$11,927,598 |
$4,373,542 $775,294 |
$6,778,762 |
25 |
$12,523,836 |
$4,594,150 $814,049 |
$7,115,637 |
26 |
$13,150,260 |
$4,825,927 $854,767 |
$7,469,566 |
27 |
$13,807,644 |
$5,069,159 $897,497 |
$7,840,988 |
28 |
$14,498,052 |
$5,324,610 $942,373 |
$8,231,069 |
29 |
$15,223,032 |
$5,592,852 $989,497 |
$8,640,683 |
30 |
$15,984,132 |
$5,874,459 $1,038,969 |
$9,070,704 |
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