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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin Powerball Jackpot/Cash Option for Wed Oct 22, 2025 |
|---|
| Draw Date | Wed Oct 22, 2025 | | Projected Jackpot | $320,000,000 | | Cash Value | $152,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $152,200,000 | | Federal Tax(24%) | $36,528,000 | | Additional Federal Tax | $19,746,330 | | State Tax(7.65%) | $11,643,300 | | Net Lumpsum Payment | $84,282,370 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,816,320 |
$1,742,369
$368,448 |
$2,705,503 |
| 2 |
$5,057,280 |
$1,831,524
$386,882 |
$2,838,874 |
| 3 |
$5,310,080 |
$1,925,060
$406,221 |
$2,978,799 |
| 4 |
$5,575,680 |
$2,023,332
$426,540 |
$3,125,808 |
| 5 |
$5,854,400 |
$2,126,458
$447,862 |
$3,280,080 |
| 6 |
$6,147,200 |
$2,234,794
$470,261 |
$3,442,145 |
| 7 |
$6,454,400 |
$2,348,458
$493,762 |
$3,612,180 |
| 8 |
$6,777,280 |
$2,467,924
$518,462 |
$3,790,894 |
| 9 |
$7,116,160 |
$2,593,310
$544,386 |
$3,978,464 |
| 10 |
$7,472,000 |
$2,724,970
$571,608 |
$4,175,422 |
| 11 |
$7,845,440 |
$2,863,143
$600,176 |
$4,382,121 |
| 12 |
$8,237,760 |
$3,008,302
$630,189 |
$4,599,269 |
| 13 |
$8,649,600 |
$3,160,682
$661,694 |
$4,827,224 |
| 14 |
$9,082,240 |
$3,320,759
$694,791 |
$5,066,690 |
| 15 |
$9,536,320 |
$3,488,769
$729,528 |
$5,318,023 |
| 16 |
$10,013,120 |
$3,665,185
$766,004 |
$5,581,931 |
| 17 |
$10,513,600 |
$3,850,362
$804,290 |
$5,858,948 |
| 18 |
$11,039,360 |
$4,044,894
$844,511 |
$6,149,955 |
| 19 |
$11,591,360 |
$4,249,134
$886,739 |
$6,455,487 |
| 20 |
$12,170,880 |
$4,463,556
$931,072 |
$6,776,252 |
| 21 |
$12,779,520 |
$4,688,753
$977,633 |
$7,113,134 |
| 22 |
$13,418,560 |
$4,925,198
$1,026,520 |
$7,466,842 |
| 23 |
$14,089,280 |
$5,173,364
$1,077,830 |
$7,838,086 |
| 24 |
$14,793,920 |
$5,434,081
$1,131,735 |
$8,228,104 |
| 25 |
$15,533,440 |
$5,707,703
$1,188,308 |
$8,637,429 |
| 26 |
$16,310,400 |
$5,995,178
$1,247,746 |
$9,067,476 |
| 27 |
$17,125,760 |
$6,296,862
$1,310,121 |
$9,518,777 |
| 28 |
$17,982,080 |
$6,613,700
$1,375,629 |
$9,992,751 |
| 29 |
$18,881,280 |
$6,946,404
$1,444,418 |
$10,490,458 |
| 30 |
$19,825,280 |
$7,295,684
$1,516,634 |
$11,012,962 |
|
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