The jackpot for the Powerball draw on Sat Sep 20, 2025, is projected to be $99 Million, with an option for a cash payout of $46.3 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
Idaho Powerball Jackpot/Cash Option for Sat Sep 20, 2025 |
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Draw Date | Sat Sep 20, 2025 | Projected Jackpot | $99,000,000 | Cash Value | $46,300,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $46,300,000 | Federal Tax(24%) | $11,112,000 | Additional Federal Tax | $5,979,330 | State Tax(5.8%) | $2,685,400 | Net Lumpsum Payment | $26,523,270 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$1,490,049 |
$511,649 $86,423 |
$891,977 |
2 |
$1,564,596 |
$539,231 $90,747 |
$934,618 |
3 |
$1,642,806 |
$568,169 $95,283 |
$979,354 |
4 |
$1,724,976 |
$598,572 $100,049 |
$1,026,355 |
5 |
$1,811,205 |
$630,476 $105,050 |
$1,075,679 |
6 |
$1,901,790 |
$663,993 $110,304 |
$1,127,493 |
7 |
$1,996,830 |
$699,157 $115,816 |
$1,181,857 |
8 |
$2,096,721 |
$736,117 $121,610 |
$1,238,994 |
9 |
$2,201,562 |
$774,908 $127,691 |
$1,298,963 |
10 |
$2,311,650 |
$815,641 $134,076 |
$1,361,933 |
11 |
$2,427,183 |
$858,388 $140,777 |
$1,428,018 |
12 |
$2,548,557 |
$903,296 $147,816 |
$1,497,445 |
13 |
$2,675,970 |
$950,439 $155,206 |
$1,570,325 |
14 |
$2,809,818 |
$999,963 $162,969 |
$1,646,886 |
15 |
$2,950,299 |
$1,051,941 $171,117 |
$1,727,241 |
16 |
$3,097,809 |
$1,106,520 $179,673 |
$1,811,616 |
17 |
$3,252,645 |
$1,163,809 $188,653 |
$1,900,183 |
18 |
$3,415,302 |
$1,223,992 $198,088 |
$1,993,222 |
19 |
$3,586,077 |
$1,287,179 $207,992 |
$2,090,906 |
20 |
$3,765,366 |
$1,353,516 $218,391 |
$2,193,459 |
21 |
$3,953,664 |
$1,423,186 $229,313 |
$2,301,165 |
22 |
$4,151,367 |
$1,496,336 $240,779 |
$2,414,252 |
23 |
$4,358,871 |
$1,573,113 $252,815 |
$2,532,943 |
24 |
$4,576,869 |
$1,653,772 $265,458 |
$2,657,639 |
25 |
$4,805,658 |
$1,738,424 $278,728 |
$2,788,506 |
26 |
$5,046,030 |
$1,827,361 $292,670 |
$2,925,999 |
27 |
$5,298,282 |
$1,920,695 $307,300 |
$3,070,287 |
28 |
$5,563,206 |
$2,018,717 $322,666 |
$3,221,823 |
29 |
$5,841,396 |
$2,121,647 $338,801 |
$3,380,948 |
30 |
$6,133,446 |
$2,229,705 $355,740 |
$3,548,001 |
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