The jackpot for the Powerball draw on Mon Jul 7, 2025, is projected to be $203 Million, with an option for a cash payout of $92.5 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 Missouri residents, the state will deduct 4% from your lottery earnings.
| Missouri Powerball Jackpot/Cash Option for Mon Jul 7, 2025 |
|---|
| Draw Date | Mon Jul 7, 2025 | | Projected Jackpot | $203,000,000 | | Cash Value | $92,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $92,500,000 | | Federal Tax(24%) | $22,200,000 | | Additional Federal Tax | $11,985,330 | | State Tax(4%) | $3,700,000 | | Net Lumpsum Payment | $54,614,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,055,353 |
$1,090,811
$122,214 |
$1,842,328 |
| 2 |
$3,208,212 |
$1,147,369
$128,328 |
$1,932,515 |
| 3 |
$3,368,582 |
$1,206,706
$134,743 |
$2,027,133 |
| 4 |
$3,537,072 |
$1,269,047
$141,483 |
$2,126,542 |
| 5 |
$3,713,885 |
$1,334,468
$148,555 |
$2,230,862 |
| 6 |
$3,899,630 |
$1,403,193
$155,985 |
$2,340,452 |
| 7 |
$4,094,510 |
$1,475,299
$163,780 |
$2,455,431 |
| 8 |
$4,299,337 |
$1,551,085
$171,973 |
$2,576,279 |
| 9 |
$4,514,314 |
$1,630,627
$180,573 |
$2,703,114 |
| 10 |
$4,740,050 |
$1,714,149
$189,602 |
$2,836,299 |
| 11 |
$4,976,951 |
$1,801,802
$199,078 |
$2,976,071 |
| 12 |
$5,225,829 |
$1,893,887
$209,033 |
$3,122,909 |
| 13 |
$5,487,090 |
$1,990,554
$219,484 |
$3,277,052 |
| 14 |
$5,761,546 |
$2,092,102
$230,462 |
$3,438,982 |
| 15 |
$6,049,603 |
$2,198,683
$241,984 |
$3,608,936 |
| 16 |
$6,352,073 |
$2,310,597
$254,083 |
$3,787,393 |
| 17 |
$6,669,565 |
$2,428,069
$266,783 |
$3,974,713 |
| 18 |
$7,003,094 |
$2,551,475
$280,124 |
$4,171,495 |
| 19 |
$7,353,269 |
$2,681,040
$294,131 |
$4,378,098 |
| 20 |
$7,720,902 |
$2,817,064
$308,836 |
$4,595,002 |
| 21 |
$8,107,008 |
$2,959,923
$324,280 |
$4,822,805 |
| 22 |
$8,512,399 |
$3,109,918
$340,496 |
$5,061,985 |
| 23 |
$8,937,887 |
$3,267,349
$357,515 |
$5,313,023 |
| 24 |
$9,384,893 |
$3,432,741
$375,396 |
$5,576,756 |
| 25 |
$9,854,026 |
$3,606,320
$394,161 |
$5,853,545 |
| 26 |
$10,346,910 |
$3,788,687
$413,876 |
$6,144,347 |
| 27 |
$10,864,154 |
$3,980,067
$434,566 |
$6,449,521 |
| 28 |
$11,407,382 |
$4,181,062
$456,295 |
$6,770,025 |
| 29 |
$11,977,812 |
$4,392,121
$479,112 |
$7,106,579 |
| 30 |
$12,576,662 |
$4,613,695
$503,066 |
$7,459,901 |
|
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