The jackpot for the Powerball draw on Mon Jun 30, 2025, is projected to be $162 Million, with an option for a cash payout of $74.2 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 Arkansas residents, the state will deduct 4.9% from your lottery earnings.
| Arkansas Powerball Jackpot/Cash Option for Mon Jun 30, 2025 |
|---|
| Draw Date | Mon Jun 30, 2025 | | Projected Jackpot | $162,000,000 | | Cash Value | $74,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $74,200,000 | | Federal Tax(24%) | $17,808,000 | | Additional Federal Tax | $9,606,330 | | State Tax(4.9%) | $3,635,800 | | Net Lumpsum Payment | $43,149,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,438,262 |
$862,487
$119,475 |
$1,456,300 |
| 2 |
$2,560,248 |
$907,622
$125,452 |
$1,527,174 |
| 3 |
$2,688,228 |
$954,975
$131,723 |
$1,601,530 |
| 4 |
$2,822,688 |
$1,004,725
$138,312 |
$1,679,651 |
| 5 |
$2,963,790 |
$1,056,933
$145,226 |
$1,761,631 |
| 6 |
$3,112,020 |
$1,111,778
$152,489 |
$1,847,753 |
| 7 |
$3,267,540 |
$1,169,320
$160,109 |
$1,938,111 |
| 8 |
$3,430,998 |
$1,229,800
$168,119 |
$2,033,079 |
| 9 |
$3,602,556 |
$1,293,276
$176,525 |
$2,132,755 |
| 10 |
$3,782,700 |
$1,359,929
$185,352 |
$2,237,419 |
| 11 |
$3,971,754 |
$1,429,879
$194,616 |
$2,347,259 |
| 12 |
$4,170,366 |
$1,503,366
$204,348 |
$2,462,652 |
| 13 |
$4,378,860 |
$1,580,509
$214,564 |
$2,583,787 |
| 14 |
$4,597,884 |
$1,661,547
$225,296 |
$2,711,041 |
| 15 |
$4,827,762 |
$1,746,602
$236,560 |
$2,844,600 |
| 16 |
$5,069,142 |
$1,835,913
$248,388 |
$2,984,841 |
| 17 |
$5,322,510 |
$1,929,659
$260,803 |
$3,132,048 |
| 18 |
$5,588,676 |
$2,028,141
$273,845 |
$3,286,690 |
| 19 |
$5,868,126 |
$2,131,537
$287,538 |
$3,449,051 |
| 20 |
$6,161,508 |
$2,240,088
$301,914 |
$3,619,506 |
| 21 |
$6,469,632 |
$2,354,094
$317,012 |
$3,798,526 |
| 22 |
$6,793,146 |
$2,473,794
$332,864 |
$3,986,488 |
| 23 |
$7,132,698 |
$2,599,429
$349,502 |
$4,183,767 |
| 24 |
$7,489,422 |
$2,731,417
$366,982 |
$4,391,023 |
| 25 |
$7,863,804 |
$2,869,938
$385,326 |
$4,608,540 |
| 26 |
$8,257,140 |
$3,015,472
$404,600 |
$4,837,068 |
| 27 |
$8,669,916 |
$3,168,199
$424,826 |
$5,076,891 |
| 28 |
$9,103,428 |
$3,328,599
$446,068 |
$5,328,761 |
| 29 |
$9,558,648 |
$3,497,030
$468,374 |
$5,593,244 |
| 30 |
$10,036,548 |
$3,673,853
$491,791 |
$5,870,904 |
|
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