The jackpot for the Powerball draw on Sat Oct 25, 2025, is projected to be $344 Million, with an option for a cash payout of $163.7 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 Rhode Island residents, the state will deduct 5.99% from your lottery earnings.
| Rhode Island Powerball Jackpot/Cash Option for Sat Oct 25, 2025 |
|---|
| Draw Date | Sat Oct 25, 2025 | | Projected Jackpot | $344,000,000 | | Cash Value | $163,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $163,700,000 | | Federal Tax(24%) | $39,288,000 | | Additional Federal Tax | $21,241,330 | | State Tax(5.99%) | $9,805,630 | | Net Lumpsum Payment | $93,365,040 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,177,544 |
$1,876,022
$310,135 |
$2,991,387 |
| 2 |
$5,436,576 |
$1,971,864
$325,651 |
$3,139,061 |
| 3 |
$5,708,336 |
$2,072,415
$341,929 |
$3,293,992 |
| 4 |
$5,993,856 |
$2,178,057
$359,032 |
$3,456,767 |
| 5 |
$6,293,480 |
$2,288,918
$376,979 |
$3,627,583 |
| 6 |
$6,608,240 |
$2,405,379
$395,834 |
$3,807,027 |
| 7 |
$6,938,480 |
$2,527,568
$415,615 |
$3,995,297 |
| 8 |
$7,285,576 |
$2,655,994
$436,406 |
$4,193,176 |
| 9 |
$7,649,872 |
$2,790,783
$458,227 |
$4,400,862 |
| 10 |
$8,032,400 |
$2,932,318
$481,141 |
$4,618,941 |
| 11 |
$8,433,848 |
$3,080,854
$505,187 |
$4,847,807 |
| 12 |
$8,855,592 |
$3,236,899
$530,450 |
$5,088,243 |
| 13 |
$9,298,320 |
$3,400,709
$556,969 |
$5,340,642 |
| 14 |
$9,763,408 |
$3,572,791
$584,828 |
$5,605,789 |
| 15 |
$10,251,544 |
$3,753,402
$614,067 |
$5,884,075 |
| 16 |
$10,764,104 |
$3,943,049
$644,770 |
$6,176,285 |
| 17 |
$11,302,120 |
$4,142,115
$676,997 |
$6,483,008 |
| 18 |
$11,867,312 |
$4,351,236
$710,852 |
$6,805,224 |
| 19 |
$12,460,712 |
$4,570,794
$746,397 |
$7,143,521 |
| 20 |
$13,083,696 |
$4,801,298
$783,713 |
$7,498,685 |
| 21 |
$13,737,984 |
$5,043,384
$822,905 |
$7,871,695 |
| 22 |
$14,424,952 |
$5,297,563
$864,055 |
$8,263,334 |
| 23 |
$15,145,976 |
$5,564,342
$907,244 |
$8,674,390 |
| 24 |
$15,903,464 |
$5,844,612
$952,617 |
$9,106,235 |
| 25 |
$16,698,448 |
$6,138,756
$1,000,237 |
$9,559,455 |
| 26 |
$17,533,680 |
$6,447,792
$1,050,267 |
$10,035,621 |
| 27 |
$18,410,192 |
$6,772,101
$1,102,771 |
$10,535,320 |
| 28 |
$19,330,736 |
$7,112,703
$1,157,911 |
$11,060,122 |
| 29 |
$20,297,376 |
$7,470,360
$1,215,813 |
$11,611,203 |
| 30 |
$21,312,176 |
$7,845,836
$1,276,599 |
$12,189,741 |
|
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