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 Rhode Island residents, the state will deduct 5.99% from your lottery earnings.
| Rhode Island 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(5.99%) | $10,224,930 | | Net Lumpsum Payment | $97,355,740 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,388,258 |
$1,953,986
$322,757 |
$3,111,515 |
| 2 |
$5,657,832 |
$2,053,728
$338,904 |
$3,265,200 |
| 3 |
$5,940,652 |
$2,158,372
$355,845 |
$3,426,435 |
| 4 |
$6,237,792 |
$2,268,313
$373,644 |
$3,595,835 |
| 5 |
$6,549,610 |
$2,383,686
$392,322 |
$3,773,602 |
| 6 |
$6,877,180 |
$2,504,887
$411,943 |
$3,960,350 |
| 7 |
$7,220,860 |
$2,632,049
$432,530 |
$4,156,281 |
| 8 |
$7,582,082 |
$2,765,701
$454,167 |
$4,362,214 |
| 9 |
$7,961,204 |
$2,905,976
$476,876 |
$4,578,352 |
| 10 |
$8,359,300 |
$3,053,271
$500,722 |
$4,805,307 |
| 11 |
$8,777,086 |
$3,207,852
$525,747 |
$5,043,487 |
| 12 |
$9,215,994 |
$3,370,248
$552,038 |
$5,293,708 |
| 13 |
$9,676,740 |
$3,540,724
$579,637 |
$5,556,379 |
| 14 |
$10,160,756 |
$3,719,810
$608,629 |
$5,832,317 |
| 15 |
$10,668,758 |
$3,907,771
$639,059 |
$6,121,928 |
| 16 |
$11,202,178 |
$4,105,136
$671,010 |
$6,426,032 |
| 17 |
$11,762,090 |
$4,312,304
$704,549 |
$6,745,237 |
| 18 |
$12,350,284 |
$4,529,935
$739,782 |
$7,080,567 |
| 19 |
$12,967,834 |
$4,758,429
$776,773 |
$7,432,632 |
| 20 |
$13,616,172 |
$4,998,314
$815,609 |
$7,802,249 |
| 21 |
$14,297,088 |
$5,250,253
$856,396 |
$8,190,439 |
| 22 |
$15,012,014 |
$5,514,776
$899,220 |
$8,598,018 |
| 23 |
$15,762,382 |
$5,792,412
$944,167 |
$9,025,803 |
| 24 |
$16,550,698 |
$6,084,089
$991,387 |
$9,475,222 |
| 25 |
$17,378,036 |
$6,390,204
$1,040,944 |
$9,946,888 |
| 26 |
$18,247,260 |
$6,711,817
$1,093,011 |
$10,442,432 |
| 27 |
$19,159,444 |
$7,049,325
$1,147,651 |
$10,962,468 |
| 28 |
$20,117,452 |
$7,403,788
$1,205,035 |
$11,508,629 |
| 29 |
$21,123,432 |
$7,776,000
$1,265,294 |
$12,082,138 |
| 30 |
$22,179,532 |
$8,166,757
$1,328,554 |
$12,684,221 |
|
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