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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana 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(6.75%) | $5,008,500 | | Net Lumpsum Payment | $41,777,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,438,262 |
$862,487
$164,583 |
$1,411,192 |
| 2 |
$2,560,248 |
$907,622
$172,817 |
$1,479,809 |
| 3 |
$2,688,228 |
$954,975
$181,455 |
$1,551,798 |
| 4 |
$2,822,688 |
$1,004,725
$190,531 |
$1,627,432 |
| 5 |
$2,963,790 |
$1,056,933
$200,056 |
$1,706,801 |
| 6 |
$3,112,020 |
$1,111,778
$210,061 |
$1,790,181 |
| 7 |
$3,267,540 |
$1,169,320
$220,559 |
$1,877,661 |
| 8 |
$3,430,998 |
$1,229,800
$231,592 |
$1,969,606 |
| 9 |
$3,602,556 |
$1,293,276
$243,173 |
$2,066,107 |
| 10 |
$3,782,700 |
$1,359,929
$255,332 |
$2,167,439 |
| 11 |
$3,971,754 |
$1,429,879
$268,093 |
$2,273,782 |
| 12 |
$4,170,366 |
$1,503,366
$281,500 |
$2,385,500 |
| 13 |
$4,378,860 |
$1,580,509
$295,573 |
$2,502,778 |
| 14 |
$4,597,884 |
$1,661,547
$310,357 |
$2,625,980 |
| 15 |
$4,827,762 |
$1,746,602
$325,874 |
$2,755,286 |
| 16 |
$5,069,142 |
$1,835,913
$342,167 |
$2,891,062 |
| 17 |
$5,322,510 |
$1,929,659
$359,269 |
$3,033,582 |
| 18 |
$5,588,676 |
$2,028,141
$377,236 |
$3,183,299 |
| 19 |
$5,868,126 |
$2,131,537
$396,099 |
$3,340,490 |
| 20 |
$6,161,508 |
$2,240,088
$415,902 |
$3,505,518 |
| 21 |
$6,469,632 |
$2,354,094
$436,700 |
$3,678,838 |
| 22 |
$6,793,146 |
$2,473,794
$458,537 |
$3,860,815 |
| 23 |
$7,132,698 |
$2,599,429
$481,457 |
$4,051,812 |
| 24 |
$7,489,422 |
$2,731,417
$505,536 |
$4,252,469 |
| 25 |
$7,863,804 |
$2,869,938
$530,807 |
$4,463,059 |
| 26 |
$8,257,140 |
$3,015,472
$557,357 |
$4,684,311 |
| 27 |
$8,669,916 |
$3,168,199
$585,219 |
$4,916,498 |
| 28 |
$9,103,428 |
$3,328,599
$614,481 |
$5,160,348 |
| 29 |
$9,558,648 |
$3,497,030
$645,209 |
$5,416,409 |
| 30 |
$10,036,548 |
$3,673,853
$677,467 |
$5,685,228 |
|
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