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 West Virginia residents, the state will deduct 6.5% from your lottery earnings.
| West Virginia 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(6.5%) | $11,095,500 | | Net Lumpsum Payment | $96,485,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,388,258 |
$1,953,986
$350,237 |
$3,084,035 |
| 2 |
$5,657,832 |
$2,053,728
$367,759 |
$3,236,345 |
| 3 |
$5,940,652 |
$2,158,372
$386,142 |
$3,396,138 |
| 4 |
$6,237,792 |
$2,268,313
$405,456 |
$3,564,023 |
| 5 |
$6,549,610 |
$2,383,686
$425,725 |
$3,740,199 |
| 6 |
$6,877,180 |
$2,504,887
$447,017 |
$3,925,276 |
| 7 |
$7,220,860 |
$2,632,049
$469,356 |
$4,119,455 |
| 8 |
$7,582,082 |
$2,765,701
$492,835 |
$4,323,546 |
| 9 |
$7,961,204 |
$2,905,976
$517,478 |
$4,537,750 |
| 10 |
$8,359,300 |
$3,053,271
$543,355 |
$4,762,674 |
| 11 |
$8,777,086 |
$3,207,852
$570,511 |
$4,998,723 |
| 12 |
$9,215,994 |
$3,370,248
$599,040 |
$5,246,706 |
| 13 |
$9,676,740 |
$3,540,724
$628,988 |
$5,507,028 |
| 14 |
$10,160,756 |
$3,719,810
$660,449 |
$5,780,497 |
| 15 |
$10,668,758 |
$3,907,771
$693,469 |
$6,067,518 |
| 16 |
$11,202,178 |
$4,105,136
$728,142 |
$6,368,900 |
| 17 |
$11,762,090 |
$4,312,304
$764,536 |
$6,685,250 |
| 18 |
$12,350,284 |
$4,529,935
$802,768 |
$7,017,581 |
| 19 |
$12,967,834 |
$4,758,429
$842,909 |
$7,366,496 |
| 20 |
$13,616,172 |
$4,998,314
$885,051 |
$7,732,807 |
| 21 |
$14,297,088 |
$5,250,253
$929,311 |
$8,117,524 |
| 22 |
$15,012,014 |
$5,514,776
$975,781 |
$8,521,457 |
| 23 |
$15,762,382 |
$5,792,412
$1,024,555 |
$8,945,415 |
| 24 |
$16,550,698 |
$6,084,089
$1,075,795 |
$9,390,814 |
| 25 |
$17,378,036 |
$6,390,204
$1,129,572 |
$9,858,260 |
| 26 |
$18,247,260 |
$6,711,817
$1,186,072 |
$10,349,371 |
| 27 |
$19,159,444 |
$7,049,325
$1,245,364 |
$10,864,755 |
| 28 |
$20,117,452 |
$7,403,788
$1,307,634 |
$11,406,030 |
| 29 |
$21,123,432 |
$7,776,000
$1,373,023 |
$11,974,409 |
| 30 |
$22,179,532 |
$8,166,757
$1,441,670 |
$12,571,105 |
|
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