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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana 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(6.75%) | $12,102,750 | | Net Lumpsum Payment | $100,895,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,659,176 |
$2,054,226
$381,994 |
$3,222,956 |
| 2 |
$5,942,304 |
$2,158,983
$401,106 |
$3,382,215 |
| 3 |
$6,239,344 |
$2,268,888
$421,156 |
$3,549,300 |
| 4 |
$6,551,424 |
$2,384,357
$442,221 |
$3,724,846 |
| 5 |
$6,878,920 |
$2,505,531
$464,327 |
$3,909,062 |
| 6 |
$7,222,960 |
$2,632,826
$487,550 |
$4,102,584 |
| 7 |
$7,583,920 |
$2,766,381
$511,915 |
$4,305,624 |
| 8 |
$7,963,304 |
$2,906,753
$537,523 |
$4,519,028 |
| 9 |
$8,361,488 |
$3,054,081
$564,400 |
$4,743,007 |
| 10 |
$8,779,600 |
$3,208,782
$592,623 |
$4,978,195 |
| 11 |
$9,218,392 |
$3,371,135
$622,241 |
$5,225,016 |
| 12 |
$9,679,368 |
$3,541,697
$653,357 |
$5,484,314 |
| 13 |
$10,163,280 |
$3,720,744
$686,021 |
$5,756,515 |
| 14 |
$10,671,632 |
$3,908,834
$720,335 |
$6,042,463 |
| 15 |
$11,205,176 |
$4,106,246
$756,349 |
$6,342,581 |
| 16 |
$11,765,416 |
$4,313,534
$794,166 |
$6,657,716 |
| 17 |
$12,353,480 |
$4,531,118
$833,860 |
$6,988,502 |
| 18 |
$12,971,248 |
$4,759,692
$875,559 |
$7,335,997 |
| 19 |
$13,619,848 |
$4,999,674
$919,340 |
$7,700,834 |
| 20 |
$14,300,784 |
$5,251,620
$965,303 |
$8,083,861 |
| 21 |
$15,015,936 |
$5,516,227
$1,013,576 |
$8,486,133 |
| 22 |
$15,766,808 |
$5,794,049
$1,064,260 |
$8,908,499 |
| 23 |
$16,554,904 |
$6,085,645
$1,117,456 |
$9,351,803 |
| 24 |
$17,382,856 |
$6,391,987
$1,173,343 |
$9,817,526 |
| 25 |
$18,251,792 |
$6,713,493
$1,231,996 |
$10,306,303 |
| 26 |
$19,164,720 |
$7,051,277
$1,293,619 |
$10,819,824 |
| 27 |
$20,122,768 |
$7,405,755
$1,358,287 |
$11,358,726 |
| 28 |
$21,128,944 |
$7,778,040
$1,426,204 |
$11,924,700 |
| 29 |
$22,185,504 |
$8,168,967
$1,497,522 |
$12,519,015 |
| 30 |
$23,294,704 |
$8,579,371
$1,572,393 |
$13,142,940 |
|
|
