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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin 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(7.65%) | $9,990,900 | | Net Lumpsum Payment | $72,326,770 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,334,688 |
$1,564,165
$331,604 |
$2,438,919 |
| 2 |
$4,551,552 |
$1,644,405
$348,194 |
$2,558,953 |
| 3 |
$4,779,072 |
$1,728,587
$365,599 |
$2,684,886 |
| 4 |
$5,018,112 |
$1,817,032
$383,886 |
$2,817,194 |
| 5 |
$5,268,960 |
$1,909,846
$403,075 |
$2,956,039 |
| 6 |
$5,532,480 |
$2,007,348
$423,235 |
$3,101,897 |
| 7 |
$5,808,960 |
$2,109,646
$444,385 |
$3,254,929 |
| 8 |
$6,099,552 |
$2,217,165
$466,616 |
$3,415,771 |
| 9 |
$6,404,544 |
$2,330,012
$489,948 |
$3,584,584 |
| 10 |
$6,724,800 |
$2,448,506
$514,447 |
$3,761,847 |
| 11 |
$7,060,896 |
$2,572,862
$540,159 |
$3,947,875 |
| 12 |
$7,413,984 |
$2,703,504
$567,170 |
$4,143,310 |
| 13 |
$7,784,640 |
$2,840,647
$595,525 |
$4,348,468 |
| 14 |
$8,174,016 |
$2,984,716
$625,312 |
$4,563,988 |
| 15 |
$8,582,688 |
$3,135,925
$656,576 |
$4,790,187 |
| 16 |
$9,011,808 |
$3,294,699
$689,403 |
$5,027,706 |
| 17 |
$9,462,240 |
$3,461,359
$723,861 |
$5,277,020 |
| 18 |
$9,935,424 |
$3,636,437
$760,060 |
$5,538,927 |
| 19 |
$10,432,224 |
$3,820,253
$798,065 |
$5,813,906 |
| 20 |
$10,953,792 |
$4,013,233
$837,965 |
$6,102,594 |
| 21 |
$11,501,568 |
$4,215,911
$879,870 |
$6,405,787 |
| 22 |
$12,076,704 |
$4,428,711
$923,868 |
$6,724,125 |
| 23 |
$12,680,352 |
$4,652,061
$970,047 |
$7,058,244 |
| 24 |
$13,314,528 |
$4,886,706
$1,018,561 |
$7,409,261 |
| 25 |
$13,980,096 |
$5,132,966
$1,069,477 |
$7,777,653 |
| 26 |
$14,679,360 |
$5,391,694
$1,122,971 |
$8,164,695 |
| 27 |
$15,413,184 |
$5,663,208
$1,179,109 |
$8,570,867 |
| 28 |
$16,183,872 |
$5,948,363
$1,238,066 |
$8,997,443 |
| 29 |
$16,993,152 |
$6,247,797
$1,299,976 |
$9,445,379 |
| 30 |
$17,842,752 |
$6,562,149
$1,364,971 |
$9,915,632 |
|
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