The jackpot for the Powerball draw on Wed Sep 17, 2025, is projected to be $81 Million, with an option for a cash payout of $37.9 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 Wed Sep 17, 2025 |
|---|
| Draw Date | Wed Sep 17, 2025 | | Projected Jackpot | $81,000,000 | | Cash Value | $37,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $37,900,000 | | Federal Tax(24%) | $9,096,000 | | Additional Federal Tax | $4,887,330 | | State Tax(5.99%) | $2,270,210 | | Net Lumpsum Payment | $21,646,460 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,219,131 |
$411,409
$73,026 |
$734,696 |
| 2 |
$1,280,124 |
$433,976
$76,679 |
$769,469 |
| 3 |
$1,344,114 |
$457,653
$80,512 |
$805,949 |
| 4 |
$1,411,344 |
$482,528
$84,540 |
$844,276 |
| 5 |
$1,481,895 |
$508,632
$88,766 |
$884,497 |
| 6 |
$1,556,010 |
$536,054
$93,205 |
$926,751 |
| 7 |
$1,633,770 |
$564,825
$97,863 |
$971,082 |
| 8 |
$1,715,499 |
$595,065
$102,758 |
$1,017,676 |
| 9 |
$1,801,278 |
$626,803
$107,897 |
$1,066,578 |
| 10 |
$1,891,350 |
$660,130
$113,292 |
$1,117,928 |
| 11 |
$1,985,877 |
$695,105
$118,954 |
$1,171,818 |
| 12 |
$2,085,183 |
$731,848
$124,902 |
$1,228,433 |
| 13 |
$2,189,430 |
$770,419
$131,147 |
$1,287,864 |
| 14 |
$2,298,942 |
$810,939
$137,707 |
$1,350,296 |
| 15 |
$2,413,881 |
$853,466
$144,591 |
$1,415,824 |
| 16 |
$2,534,571 |
$898,122
$151,821 |
$1,484,628 |
| 17 |
$2,661,255 |
$944,995
$159,409 |
$1,556,851 |
| 18 |
$2,794,338 |
$994,235
$167,381 |
$1,632,722 |
| 19 |
$2,934,063 |
$1,045,934
$175,750 |
$1,712,379 |
| 20 |
$3,080,754 |
$1,100,209
$184,537 |
$1,796,008 |
| 21 |
$3,234,816 |
$1,157,212
$193,765 |
$1,883,839 |
| 22 |
$3,396,573 |
$1,217,062
$203,455 |
$1,976,056 |
| 23 |
$3,566,349 |
$1,279,880
$213,624 |
$2,072,845 |
| 24 |
$3,744,711 |
$1,345,873
$224,308 |
$2,174,530 |
| 25 |
$3,931,902 |
$1,415,134
$235,521 |
$2,281,247 |
| 26 |
$4,128,570 |
$1,487,901
$247,301 |
$2,393,368 |
| 27 |
$4,334,958 |
$1,564,265
$259,664 |
$2,511,029 |
| 28 |
$4,551,714 |
$1,644,465
$272,648 |
$2,634,601 |
| 29 |
$4,779,324 |
$1,728,680
$286,282 |
$2,764,362 |
| 30 |
$5,018,274 |
$1,817,092
$300,595 |
$2,900,587 |
|
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