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 Massachusetts residents, the state will deduct 5% from your lottery earnings.
| Massachusetts Powerball Jackpot/Cash Option for Sat Sep 20, 2025 |
|---|
| Draw Date | Sat Sep 20, 2025 | | Projected Jackpot | $99,000,000 | | Cash Value | $46,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $46,300,000 | | Federal Tax(24%) | $11,112,000 | | Additional Federal Tax | $5,979,330 | | State Tax(5%) | $2,315,000 | | Net Lumpsum Payment | $26,893,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,490,049 |
$511,649
$74,502 |
$903,898 |
| 2 |
$1,564,596 |
$539,231
$78,230 |
$947,135 |
| 3 |
$1,642,806 |
$568,169
$82,140 |
$992,497 |
| 4 |
$1,724,976 |
$598,572
$86,249 |
$1,040,155 |
| 5 |
$1,811,205 |
$630,476
$90,560 |
$1,090,169 |
| 6 |
$1,901,790 |
$663,993
$95,090 |
$1,142,707 |
| 7 |
$1,996,830 |
$699,157
$99,842 |
$1,197,831 |
| 8 |
$2,096,721 |
$736,117
$104,836 |
$1,255,768 |
| 9 |
$2,201,562 |
$774,908
$110,078 |
$1,316,576 |
| 10 |
$2,311,650 |
$815,641
$115,583 |
$1,380,426 |
| 11 |
$2,427,183 |
$858,388
$121,359 |
$1,447,436 |
| 12 |
$2,548,557 |
$903,296
$127,428 |
$1,517,833 |
| 13 |
$2,675,970 |
$950,439
$133,799 |
$1,591,732 |
| 14 |
$2,809,818 |
$999,963
$140,491 |
$1,669,364 |
| 15 |
$2,950,299 |
$1,051,941
$147,515 |
$1,750,843 |
| 16 |
$3,097,809 |
$1,106,520
$154,890 |
$1,836,399 |
| 17 |
$3,252,645 |
$1,163,809
$162,632 |
$1,926,204 |
| 18 |
$3,415,302 |
$1,223,992
$170,765 |
$2,020,545 |
| 19 |
$3,586,077 |
$1,287,179
$179,304 |
$2,119,594 |
| 20 |
$3,765,366 |
$1,353,516
$188,268 |
$2,223,582 |
| 21 |
$3,953,664 |
$1,423,186
$197,683 |
$2,332,795 |
| 22 |
$4,151,367 |
$1,496,336
$207,568 |
$2,447,463 |
| 23 |
$4,358,871 |
$1,573,113
$217,944 |
$2,567,814 |
| 24 |
$4,576,869 |
$1,653,772
$228,843 |
$2,694,254 |
| 25 |
$4,805,658 |
$1,738,424
$240,283 |
$2,826,951 |
| 26 |
$5,046,030 |
$1,827,361
$252,302 |
$2,966,367 |
| 27 |
$5,298,282 |
$1,920,695
$264,914 |
$3,112,673 |
| 28 |
$5,563,206 |
$2,018,717
$278,160 |
$3,266,329 |
| 29 |
$5,841,396 |
$2,121,647
$292,070 |
$3,427,679 |
| 30 |
$6,133,446 |
$2,229,705
$306,672 |
$3,597,069 |
|
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