Jackpot Analysis Kansas Powerball

Jackpot Analysis for Kansas Powerball
The jackpot for the Powerball draw on Wed Jul 9, 2025, is projected to be $216 Million, with an option for a cash payout of $98.4 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 Kansas residents, the state will deduct 5% from your lottery earnings.

Kansas Powerball Jackpot/Cash Option for Wed Jul 9, 2025
Draw DateWed Jul 9, 2025
Projected Jackpot$216,000,000
Cash Value$98,400,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$98,400,000
Federal Tax(24%)$23,616,000
Additional Federal Tax$12,752,330
State Tax(5%)$4,920,000
Net Lumpsum Payment$57,111,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,251,016 $1,163,206
$162,551
$1,925,259
2 $3,413,664 $1,223,386
$170,683
$2,019,595
3 $3,584,304 $1,286,523
$179,215
$2,118,566
4 $3,763,584 $1,352,856
$188,179
$2,222,549
5 $3,951,720 $1,422,467
$197,586
$2,331,667
6 $4,149,360 $1,495,594
$207,468
$2,446,298
7 $4,356,720 $1,572,317
$217,836
$2,566,567
8 $4,574,664 $1,652,956
$228,733
$2,692,975
9 $4,803,408 $1,737,591
$240,170
$2,825,647
10 $5,043,600 $1,826,462
$252,180
$2,964,958
11 $5,295,672 $1,919,729
$264,784
$3,111,159
12 $5,560,488 $2,017,711
$278,024
$3,264,753
13 $5,838,480 $2,120,568
$291,924
$3,425,988
14 $6,130,512 $2,228,620
$306,526
$3,595,366
15 $6,437,016 $2,342,026
$321,851
$3,773,139
16 $6,758,856 $2,461,107
$337,943
$3,959,806
17 $7,096,680 $2,586,102
$354,834
$4,155,744
18 $7,451,568 $2,717,411
$372,578
$4,361,579
19 $7,824,168 $2,855,273
$391,208
$4,577,687
20 $8,215,344 $3,000,008
$410,767
$4,804,569
21 $8,626,176 $3,152,016
$431,309
$5,042,851
22 $9,057,528 $3,311,616
$452,876
$5,293,036
23 $9,510,264 $3,479,128
$475,513
$5,555,623
24 $9,985,896 $3,655,112
$499,295
$5,831,489
25 $10,485,072 $3,839,807
$524,254
$6,121,011
26 $11,009,520 $4,033,853
$550,476
$6,425,191
27 $11,559,888 $4,237,489
$577,994
$6,744,405
28 $12,137,904 $4,451,355
$606,895
$7,079,654
29 $12,744,864 $4,675,930
$637,243
$7,431,691
30 $13,382,064 $4,911,694
$669,103
$7,801,267