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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky 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(4.5%) | $34,663,500 | | Net Lumpsum Payment | $450,665,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$25,586,700 |
$9,427,409
$1,151,402 |
$15,007,889 |
| 2 |
$26,866,800 |
$9,901,046
$1,209,006 |
$15,756,748 |
| 3 |
$28,209,800 |
$10,397,956
$1,269,441 |
$16,542,403 |
| 4 |
$29,620,800 |
$10,920,026
$1,332,936 |
$17,367,838 |
| 5 |
$31,101,500 |
$11,467,885
$1,399,568 |
$18,234,047 |
| 6 |
$32,657,000 |
$12,043,420
$1,469,565 |
$19,144,015 |
| 7 |
$34,289,000 |
$12,647,260
$1,543,005 |
$20,098,735 |
| 8 |
$36,004,300 |
$13,281,921
$1,620,194 |
$21,102,185 |
| 9 |
$37,804,600 |
$13,948,032
$1,701,207 |
$22,155,361 |
| 10 |
$39,695,000 |
$14,647,480
$1,786,275 |
$23,261,245 |
| 11 |
$41,678,900 |
$15,381,523
$1,875,551 |
$24,421,826 |
| 12 |
$43,763,100 |
$16,152,677
$1,969,340 |
$25,641,083 |
| 13 |
$45,951,000 |
$16,962,200
$2,067,795 |
$26,921,005 |
| 14 |
$48,249,400 |
$17,812,608
$2,171,223 |
$28,265,569 |
| 15 |
$50,661,700 |
$18,705,159
$2,279,777 |
$29,676,764 |
| 16 |
$53,194,700 |
$19,642,369
$2,393,762 |
$31,158,569 |
| 17 |
$55,853,500 |
$20,626,125
$2,513,408 |
$32,713,967 |
| 18 |
$58,646,600 |
$21,659,572
$2,639,097 |
$34,347,931 |
| 19 |
$61,579,100 |
$22,744,597
$2,771,060 |
$36,063,443 |
| 20 |
$64,657,800 |
$23,883,716
$2,909,601 |
$37,864,483 |
| 21 |
$67,891,200 |
$25,080,074
$3,055,104 |
$39,756,022 |
| 22 |
$71,286,100 |
$26,336,187
$3,207,875 |
$41,742,038 |
| 23 |
$74,849,300 |
$27,654,571
$3,368,219 |
$43,826,510 |
| 24 |
$78,592,700 |
$29,039,629
$3,536,672 |
$46,016,399 |
| 25 |
$82,521,400 |
$30,493,248
$3,713,463 |
$48,314,689 |
| 26 |
$86,649,000 |
$32,020,460
$3,899,205 |
$50,729,335 |
| 27 |
$90,980,600 |
$33,623,152
$4,094,127 |
$53,263,321 |
| 28 |
$95,529,800 |
$35,306,356
$4,298,841 |
$55,924,603 |
| 29 |
$100,306,800 |
$37,073,846
$4,513,806 |
$58,719,148 |
| 30 |
$105,321,800 |
$38,929,396
$4,739,481 |
$61,652,923 |
|
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