The jackpot for the Powerball draw on Wed Oct 29, 2025, is projected to be $376 Million, with an option for a cash payout of $179.3 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho Powerball Jackpot/Cash Option for Wed Oct 29, 2025 |
|---|
| Draw Date | Wed Oct 29, 2025 | | Projected Jackpot | $376,000,000 | | Cash Value | $179,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $179,300,000 | | Federal Tax(24%) | $43,032,000 | | Additional Federal Tax | $23,269,330 | | State Tax(5.8%) | $10,399,400 | | Net Lumpsum Payment | $102,599,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,659,176 |
$2,054,226
$328,232 |
$3,276,718 |
| 2 |
$5,942,304 |
$2,158,983
$344,654 |
$3,438,667 |
| 3 |
$6,239,344 |
$2,268,888
$361,882 |
$3,608,574 |
| 4 |
$6,551,424 |
$2,384,357
$379,983 |
$3,787,084 |
| 5 |
$6,878,920 |
$2,505,531
$398,977 |
$3,974,412 |
| 6 |
$7,222,960 |
$2,632,826
$418,932 |
$4,171,202 |
| 7 |
$7,583,920 |
$2,766,381
$439,867 |
$4,377,672 |
| 8 |
$7,963,304 |
$2,906,753
$461,872 |
$4,594,679 |
| 9 |
$8,361,488 |
$3,054,081
$484,966 |
$4,822,441 |
| 10 |
$8,779,600 |
$3,208,782
$509,217 |
$5,061,601 |
| 11 |
$9,218,392 |
$3,371,135
$534,667 |
$5,312,590 |
| 12 |
$9,679,368 |
$3,541,697
$561,403 |
$5,576,268 |
| 13 |
$10,163,280 |
$3,720,744
$589,470 |
$5,853,066 |
| 14 |
$10,671,632 |
$3,908,834
$618,955 |
$6,143,843 |
| 15 |
$11,205,176 |
$4,106,246
$649,900 |
$6,449,030 |
| 16 |
$11,765,416 |
$4,313,534
$682,394 |
$6,769,488 |
| 17 |
$12,353,480 |
$4,531,118
$716,502 |
$7,105,860 |
| 18 |
$12,971,248 |
$4,759,692
$752,332 |
$7,459,224 |
| 19 |
$13,619,848 |
$4,999,674
$789,951 |
$7,830,223 |
| 20 |
$14,300,784 |
$5,251,620
$829,445 |
$8,219,719 |
| 21 |
$15,015,936 |
$5,516,227
$870,924 |
$8,628,785 |
| 22 |
$15,766,808 |
$5,794,049
$914,475 |
$9,058,284 |
| 23 |
$16,554,904 |
$6,085,645
$960,184 |
$9,509,075 |
| 24 |
$17,382,856 |
$6,391,987
$1,008,206 |
$9,982,663 |
| 25 |
$18,251,792 |
$6,713,493
$1,058,604 |
$10,479,695 |
| 26 |
$19,164,720 |
$7,051,277
$1,111,554 |
$11,001,889 |
| 27 |
$20,122,768 |
$7,405,755
$1,167,121 |
$11,549,892 |
| 28 |
$21,128,944 |
$7,778,040
$1,225,479 |
$12,125,425 |
| 29 |
$22,185,504 |
$8,168,967
$1,286,759 |
$12,729,778 |
| 30 |
$23,294,704 |
$8,579,371
$1,351,093 |
$13,364,240 |
|
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