The jackpot for the Powerball draw on Wed Oct 22, 2025, is projected to be $320 Million, with an option for a cash payout of $152.2 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 Missouri residents, the state will deduct 4% from your lottery earnings.
Missouri Powerball Jackpot/Cash Option for Wed Oct 22, 2025 |
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Draw Date | Wed Oct 22, 2025 | Projected Jackpot | $320,000,000 | Cash Value | $152,200,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $152,200,000 | Federal Tax(24%) | $36,528,000 | Additional Federal Tax | $19,746,330 | State Tax(4%) | $6,088,000 | Net Lumpsum Payment | $89,837,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$4,816,320 |
$1,742,369 $192,653 |
$2,881,298 |
2 |
$5,057,280 |
$1,831,524 $202,291 |
$3,023,465 |
3 |
$5,310,080 |
$1,925,060 $212,403 |
$3,172,617 |
4 |
$5,575,680 |
$2,023,332 $223,027 |
$3,329,321 |
5 |
$5,854,400 |
$2,126,458 $234,176 |
$3,493,766 |
6 |
$6,147,200 |
$2,234,794 $245,888 |
$3,666,518 |
7 |
$6,454,400 |
$2,348,458 $258,176 |
$3,847,766 |
8 |
$6,777,280 |
$2,467,924 $271,091 |
$4,038,265 |
9 |
$7,116,160 |
$2,593,310 $284,646 |
$4,238,204 |
10 |
$7,472,000 |
$2,724,970 $298,880 |
$4,448,150 |
11 |
$7,845,440 |
$2,863,143 $313,818 |
$4,668,479 |
12 |
$8,237,760 |
$3,008,302 $329,510 |
$4,899,948 |
13 |
$8,649,600 |
$3,160,682 $345,984 |
$5,142,934 |
14 |
$9,082,240 |
$3,320,759 $363,290 |
$5,398,191 |
15 |
$9,536,320 |
$3,488,769 $381,453 |
$5,666,098 |
16 |
$10,013,120 |
$3,665,185 $400,525 |
$5,947,410 |
17 |
$10,513,600 |
$3,850,362 $420,544 |
$6,242,694 |
18 |
$11,039,360 |
$4,044,894 $441,574 |
$6,552,892 |
19 |
$11,591,360 |
$4,249,134 $463,654 |
$6,878,572 |
20 |
$12,170,880 |
$4,463,556 $486,835 |
$7,220,489 |
21 |
$12,779,520 |
$4,688,753 $511,181 |
$7,579,586 |
22 |
$13,418,560 |
$4,925,198 $536,742 |
$7,956,620 |
23 |
$14,089,280 |
$5,173,364 $563,571 |
$8,352,345 |
24 |
$14,793,920 |
$5,434,081 $591,757 |
$8,768,082 |
25 |
$15,533,440 |
$5,707,703 $621,338 |
$9,204,399 |
26 |
$16,310,400 |
$5,995,178 $652,416 |
$9,662,806 |
27 |
$17,125,760 |
$6,296,862 $685,030 |
$10,143,868 |
28 |
$17,982,080 |
$6,613,700 $719,283 |
$10,649,097 |
29 |
$18,881,280 |
$6,946,404 $755,251 |
$11,179,625 |
30 |
$19,825,280 |
$7,295,684 $793,011 |
$11,736,585 |
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