The jackpot for the Powerball draw on Sat Sep 6, 2025, is projected to be $1.70 Billion, with an option for a cash payout of $770.3 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 Sat Sep 6, 2025 |
|---|
| Draw Date | Sat Sep 6, 2025 | | Projected Jackpot | $1,700,000,000 | | Cash Value | $770,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $770,300,000 | | Federal Tax(24%) | $184,872,000 | | Additional Federal Tax | $100,099,330 | | State Tax(5.8%) | $44,677,400 | | Net Lumpsum Payment | $440,651,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$25,586,700 |
$9,427,409
$1,484,029 |
$14,675,262 |
| 2 |
$26,866,800 |
$9,901,046
$1,558,274 |
$15,407,480 |
| 3 |
$28,209,800 |
$10,397,956
$1,636,168 |
$16,175,676 |
| 4 |
$29,620,800 |
$10,920,026
$1,718,006 |
$16,982,768 |
| 5 |
$31,101,500 |
$11,467,885
$1,803,887 |
$17,829,728 |
| 6 |
$32,657,000 |
$12,043,420
$1,894,106 |
$18,719,474 |
| 7 |
$34,289,000 |
$12,647,260
$1,988,762 |
$19,652,978 |
| 8 |
$36,004,300 |
$13,281,921
$2,088,249 |
$20,634,130 |
| 9 |
$37,804,600 |
$13,948,032
$2,192,667 |
$21,663,901 |
| 10 |
$39,695,000 |
$14,647,480
$2,302,310 |
$22,745,210 |
| 11 |
$41,678,900 |
$15,381,523
$2,417,376 |
$23,880,001 |
| 12 |
$43,763,100 |
$16,152,677
$2,538,260 |
$25,072,163 |
| 13 |
$45,951,000 |
$16,962,200
$2,665,158 |
$26,323,642 |
| 14 |
$48,249,400 |
$17,812,608
$2,798,465 |
$27,638,327 |
| 15 |
$50,661,700 |
$18,705,159
$2,938,379 |
$29,018,162 |
| 16 |
$53,194,700 |
$19,642,369
$3,085,293 |
$30,467,038 |
| 17 |
$55,853,500 |
$20,626,125
$3,239,503 |
$31,987,872 |
| 18 |
$58,646,600 |
$21,659,572
$3,401,503 |
$33,585,525 |
| 19 |
$61,579,100 |
$22,744,597
$3,571,588 |
$35,262,915 |
| 20 |
$64,657,800 |
$23,883,716
$3,750,152 |
$37,023,932 |
| 21 |
$67,891,200 |
$25,080,074
$3,937,690 |
$38,873,436 |
| 22 |
$71,286,100 |
$26,336,187
$4,134,594 |
$40,815,319 |
| 23 |
$74,849,300 |
$27,654,571
$4,341,259 |
$42,853,470 |
| 24 |
$78,592,700 |
$29,039,629
$4,558,377 |
$44,994,694 |
| 25 |
$82,521,400 |
$30,493,248
$4,786,241 |
$47,241,911 |
| 26 |
$86,649,000 |
$32,020,460
$5,025,642 |
$49,602,898 |
| 27 |
$90,980,600 |
$33,623,152
$5,276,875 |
$52,080,573 |
| 28 |
$95,529,800 |
$35,306,356
$5,540,728 |
$54,682,716 |
| 29 |
$100,306,800 |
$37,073,846
$5,817,794 |
$57,415,160 |
| 30 |
$105,321,800 |
$38,929,396
$6,108,664 |
$60,283,740 |
|
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