The jackpot for the Powerball draw on Mon Oct 27, 2025, is projected to be $358 Million, with an option for a cash payout of $170.7 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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana Powerball Jackpot/Cash Option for Mon Oct 27, 2025 |
|---|
| Draw Date | Mon Oct 27, 2025 | | Projected Jackpot | $358,000,000 | | Cash Value | $170,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $170,700,000 | | Federal Tax(24%) | $40,968,000 | | Additional Federal Tax | $22,151,330 | | State Tax(4.75%) | $8,108,250 | | Net Lumpsum Payment | $99,472,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,388,258 |
$1,953,986 $255,942 |
$3,178,330 |
| 2 |
$5,657,832 |
$2,053,728 $268,747 |
$3,335,357 |
| 3 |
$5,940,652 |
$2,158,372 $282,181 |
$3,500,099 |
| 4 |
$6,237,792 |
$2,268,313 $296,295 |
$3,673,184 |
| 5 |
$6,549,610 |
$2,383,686 $311,106 |
$3,854,818 |
| 6 |
$6,877,180 |
$2,504,887 $326,666 |
$4,045,627 |
| 7 |
$7,220,860 |
$2,632,049 $342,991 |
$4,245,820 |
| 8 |
$7,582,082 |
$2,765,701 $360,149 |
$4,456,232 |
| 9 |
$7,961,204 |
$2,905,976 $378,157 |
$4,677,071 |
| 10 |
$8,359,300 |
$3,053,271 $397,067 |
$4,908,962 |
| 11 |
$8,777,086 |
$3,207,852 $416,912 |
$5,152,322 |
| 12 |
$9,215,994 |
$3,370,248 $437,760 |
$5,407,986 |
| 13 |
$9,676,740 |
$3,540,724 $459,645 |
$5,676,371 |
| 14 |
$10,160,756 |
$3,719,810 $482,636 |
$5,958,310 |
| 15 |
$10,668,758 |
$3,907,771 $506,766 |
$6,254,221 |
| 16 |
$11,202,178 |
$4,105,136 $532,103 |
$6,564,939 |
| 17 |
$11,762,090 |
$4,312,304 $558,699 |
$6,891,087 |
| 18 |
$12,350,284 |
$4,529,935 $586,638 |
$7,233,711 |
| 19 |
$12,967,834 |
$4,758,429 $615,972 |
$7,593,433 |
| 20 |
$13,616,172 |
$4,998,314 $646,768 |
$7,971,090 |
| 21 |
$14,297,088 |
$5,250,253 $679,112 |
$8,367,723 |
| 22 |
$15,012,014 |
$5,514,776 $713,071 |
$8,784,167 |
| 23 |
$15,762,382 |
$5,792,412 $748,713 |
$9,221,257 |
| 24 |
$16,550,698 |
$6,084,089 $786,158 |
$9,680,451 |
| 25 |
$17,378,036 |
$6,390,204 $825,457 |
$10,162,375 |
| 26 |
$18,247,260 |
$6,711,817 $866,745 |
$10,668,698 |
| 27 |
$19,159,444 |
$7,049,325 $910,074 |
$11,200,045 |
| 28 |
$20,117,452 |
$7,403,788 $955,579 |
$11,758,085 |
| 29 |
$21,123,432 |
$7,776,000 $1,003,363 |
$12,344,069 |
| 30 |
$22,179,532 |
$8,166,757 $1,053,528 |
$12,959,247 |
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