Jackpot Analysis Missouri Powerball

Jackpot Analysis for Missouri 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 Missouri residents, the state will deduct 4% from your lottery earnings.

Missouri 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(4%)$3,936,000
Net Lumpsum Payment$58,095,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,251,016 $1,163,206
$130,041
$1,957,769
2 $3,413,664 $1,223,386
$136,547
$2,053,731
3 $3,584,304 $1,286,523
$143,372
$2,154,409
4 $3,763,584 $1,352,856
$150,543
$2,260,185
5 $3,951,720 $1,422,467
$158,069
$2,371,184
6 $4,149,360 $1,495,594
$165,974
$2,487,792
7 $4,356,720 $1,572,317
$174,269
$2,610,134
8 $4,574,664 $1,652,956
$182,987
$2,738,721
9 $4,803,408 $1,737,591
$192,136
$2,873,681
10 $5,043,600 $1,826,462
$201,744
$3,015,394
11 $5,295,672 $1,919,729
$211,827
$3,164,116
12 $5,560,488 $2,017,711
$222,420
$3,320,357
13 $5,838,480 $2,120,568
$233,539
$3,484,373
14 $6,130,512 $2,228,620
$245,220
$3,656,672
15 $6,437,016 $2,342,026
$257,481
$3,837,509
16 $6,758,856 $2,461,107
$270,354
$4,027,395
17 $7,096,680 $2,586,102
$283,867
$4,226,711
18 $7,451,568 $2,717,411
$298,063
$4,436,094
19 $7,824,168 $2,855,273
$312,967
$4,655,928
20 $8,215,344 $3,000,008
$328,614
$4,886,722
21 $8,626,176 $3,152,016
$345,047
$5,129,113
22 $9,057,528 $3,311,616
$362,301
$5,383,611
23 $9,510,264 $3,479,128
$380,411
$5,650,725
24 $9,985,896 $3,655,112
$399,436
$5,931,348
25 $10,485,072 $3,839,807
$419,403
$6,225,862
26 $11,009,520 $4,033,853
$440,381
$6,535,286
27 $11,559,888 $4,237,489
$462,396
$6,860,003
28 $12,137,904 $4,451,355
$485,516
$7,201,033
29 $12,744,864 $4,675,930
$509,795
$7,559,139
30 $13,382,064 $4,911,694
$535,283
$7,935,087