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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana 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(6.75%) | $51,995,250 | | Net Lumpsum Payment | $433,333,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$25,586,700 |
$9,427,409
$1,727,102 |
$14,432,189 |
| 2 |
$26,866,800 |
$9,901,046
$1,813,509 |
$15,152,245 |
| 3 |
$28,209,800 |
$10,397,956
$1,904,162 |
$15,907,682 |
| 4 |
$29,620,800 |
$10,920,026
$1,999,404 |
$16,701,370 |
| 5 |
$31,101,500 |
$11,467,885
$2,099,351 |
$17,534,264 |
| 6 |
$32,657,000 |
$12,043,420
$2,204,348 |
$18,409,232 |
| 7 |
$34,289,000 |
$12,647,260
$2,314,508 |
$19,327,232 |
| 8 |
$36,004,300 |
$13,281,921
$2,430,290 |
$20,292,089 |
| 9 |
$37,804,600 |
$13,948,032
$2,551,811 |
$21,304,757 |
| 10 |
$39,695,000 |
$14,647,480
$2,679,413 |
$22,368,107 |
| 11 |
$41,678,900 |
$15,381,523
$2,813,326 |
$23,484,051 |
| 12 |
$43,763,100 |
$16,152,677
$2,954,009 |
$24,656,414 |
| 13 |
$45,951,000 |
$16,962,200
$3,101,693 |
$25,887,107 |
| 14 |
$48,249,400 |
$17,812,608
$3,256,835 |
$27,179,957 |
| 15 |
$50,661,700 |
$18,705,159
$3,419,665 |
$28,536,876 |
| 16 |
$53,194,700 |
$19,642,369
$3,590,642 |
$29,961,689 |
| 17 |
$55,853,500 |
$20,626,125
$3,770,111 |
$31,457,264 |
| 18 |
$58,646,600 |
$21,659,572
$3,958,646 |
$33,028,382 |
| 19 |
$61,579,100 |
$22,744,597
$4,156,589 |
$34,677,914 |
| 20 |
$64,657,800 |
$23,883,716
$4,364,402 |
$36,409,682 |
| 21 |
$67,891,200 |
$25,080,074
$4,582,656 |
$38,228,470 |
| 22 |
$71,286,100 |
$26,336,187
$4,811,812 |
$40,138,101 |
| 23 |
$74,849,300 |
$27,654,571
$5,052,328 |
$42,142,401 |
| 24 |
$78,592,700 |
$29,039,629
$5,305,007 |
$44,248,064 |
| 25 |
$82,521,400 |
$30,493,248
$5,570,195 |
$46,457,957 |
| 26 |
$86,649,000 |
$32,020,460
$5,848,808 |
$48,779,732 |
| 27 |
$90,980,600 |
$33,623,152
$6,141,191 |
$51,216,257 |
| 28 |
$95,529,800 |
$35,306,356
$6,448,262 |
$53,775,182 |
| 29 |
$100,306,800 |
$37,073,846
$6,770,709 |
$56,462,245 |
| 30 |
$105,321,800 |
$38,929,396
$7,109,222 |
$59,283,182 |
|
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