The jackpot for the Powerball draw on Sat Jul 19, 2025, is projected to be $288 Million, with an option for a cash payout of $130.6 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 Sat Jul 19, 2025 |
|---|
| Draw Date | Sat Jul 19, 2025 | | Projected Jackpot | $288,000,000 | | Cash Value | $130,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $130,600,000 | | Federal Tax(24%) | $31,344,000 | | Additional Federal Tax | $16,938,330 | | State Tax(4%) | $5,224,000 | | Net Lumpsum Payment | $77,093,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,334,688 |
$1,564,165
$173,388 |
$2,597,135 |
| 2 |
$4,551,552 |
$1,644,405
$182,062 |
$2,725,085 |
| 3 |
$4,779,072 |
$1,728,587
$191,163 |
$2,859,322 |
| 4 |
$5,018,112 |
$1,817,032
$200,724 |
$3,000,356 |
| 5 |
$5,268,960 |
$1,909,846
$210,758 |
$3,148,356 |
| 6 |
$5,532,480 |
$2,007,348
$221,299 |
$3,303,833 |
| 7 |
$5,808,960 |
$2,109,646
$232,358 |
$3,466,956 |
| 8 |
$6,099,552 |
$2,217,165
$243,982 |
$3,638,405 |
| 9 |
$6,404,544 |
$2,330,012
$256,182 |
$3,818,350 |
| 10 |
$6,724,800 |
$2,448,506
$268,992 |
$4,007,302 |
| 11 |
$7,060,896 |
$2,572,862
$282,436 |
$4,205,598 |
| 12 |
$7,413,984 |
$2,703,504
$296,559 |
$4,413,921 |
| 13 |
$7,784,640 |
$2,840,647
$311,386 |
$4,632,607 |
| 14 |
$8,174,016 |
$2,984,716
$326,961 |
$4,862,339 |
| 15 |
$8,582,688 |
$3,135,925
$343,308 |
$5,103,455 |
| 16 |
$9,011,808 |
$3,294,699
$360,472 |
$5,356,637 |
| 17 |
$9,462,240 |
$3,461,359
$378,490 |
$5,622,391 |
| 18 |
$9,935,424 |
$3,636,437
$397,417 |
$5,901,570 |
| 19 |
$10,432,224 |
$3,820,253
$417,289 |
$6,194,682 |
| 20 |
$10,953,792 |
$4,013,233
$438,152 |
$6,502,407 |
| 21 |
$11,501,568 |
$4,215,911
$460,063 |
$6,825,594 |
| 22 |
$12,076,704 |
$4,428,711
$483,068 |
$7,164,925 |
| 23 |
$12,680,352 |
$4,652,061
$507,214 |
$7,521,077 |
| 24 |
$13,314,528 |
$4,886,706
$532,581 |
$7,895,241 |
| 25 |
$13,980,096 |
$5,132,966
$559,204 |
$8,287,926 |
| 26 |
$14,679,360 |
$5,391,694
$587,174 |
$8,700,492 |
| 27 |
$15,413,184 |
$5,663,208
$616,527 |
$9,133,449 |
| 28 |
$16,183,872 |
$5,948,363
$647,355 |
$9,588,154 |
| 29 |
$16,993,152 |
$6,247,797
$679,726 |
$10,065,629 |
| 30 |
$17,842,752 |
$6,562,149
$713,710 |
$10,566,893 |
|
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