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 Rhode Island residents, the state will deduct 5.99% from your lottery earnings.
| Rhode Island 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(5.99%) | $46,140,970 | | Net Lumpsum Payment | $439,187,700 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$25,586,700 |
$9,427,409
$1,532,643 |
$14,626,648 |
| 2 |
$26,866,800 |
$9,901,046
$1,609,321 |
$15,356,433 |
| 3 |
$28,209,800 |
$10,397,956
$1,689,767 |
$16,122,077 |
| 4 |
$29,620,800 |
$10,920,026
$1,774,286 |
$16,926,488 |
| 5 |
$31,101,500 |
$11,467,885
$1,862,980 |
$17,770,635 |
| 6 |
$32,657,000 |
$12,043,420
$1,956,154 |
$18,657,426 |
| 7 |
$34,289,000 |
$12,647,260
$2,053,911 |
$19,587,829 |
| 8 |
$36,004,300 |
$13,281,921
$2,156,658 |
$20,565,721 |
| 9 |
$37,804,600 |
$13,948,032
$2,264,496 |
$21,592,072 |
| 10 |
$39,695,000 |
$14,647,480
$2,377,731 |
$22,669,789 |
| 11 |
$41,678,900 |
$15,381,523
$2,496,566 |
$23,800,811 |
| 12 |
$43,763,100 |
$16,152,677
$2,621,410 |
$24,989,013 |
| 13 |
$45,951,000 |
$16,962,200
$2,752,465 |
$26,236,335 |
| 14 |
$48,249,400 |
$17,812,608
$2,890,139 |
$27,546,653 |
| 15 |
$50,661,700 |
$18,705,159
$3,034,636 |
$28,921,905 |
| 16 |
$53,194,700 |
$19,642,369
$3,186,363 |
$30,365,968 |
| 17 |
$55,853,500 |
$20,626,125
$3,345,625 |
$31,881,750 |
| 18 |
$58,646,600 |
$21,659,572
$3,512,931 |
$33,474,097 |
| 19 |
$61,579,100 |
$22,744,597
$3,688,588 |
$35,145,915 |
| 20 |
$64,657,800 |
$23,883,716
$3,873,002 |
$36,901,082 |
| 21 |
$67,891,200 |
$25,080,074
$4,066,683 |
$38,744,443 |
| 22 |
$71,286,100 |
$26,336,187
$4,270,037 |
$40,679,876 |
| 23 |
$74,849,300 |
$27,654,571
$4,483,473 |
$42,711,256 |
| 24 |
$78,592,700 |
$29,039,629
$4,707,703 |
$44,845,368 |
| 25 |
$82,521,400 |
$30,493,248
$4,943,032 |
$47,085,120 |
| 26 |
$86,649,000 |
$32,020,460
$5,190,275 |
$49,438,265 |
| 27 |
$90,980,600 |
$33,623,152
$5,449,738 |
$51,907,710 |
| 28 |
$95,529,800 |
$35,306,356
$5,722,235 |
$54,501,209 |
| 29 |
$100,306,800 |
$37,073,846
$6,008,377 |
$57,224,577 |
| 30 |
$105,321,800 |
$38,929,396
$6,308,776 |
$60,083,628 |
|
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