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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin 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(7.65%) | $5,676,300 | | Net Lumpsum Payment | $41,109,370 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,438,262 |
$862,487
$186,527 |
$1,389,248 |
| 2 |
$2,560,248 |
$907,622
$195,859 |
$1,456,767 |
| 3 |
$2,688,228 |
$954,975
$205,649 |
$1,527,604 |
| 4 |
$2,822,688 |
$1,004,725
$215,936 |
$1,602,027 |
| 5 |
$2,963,790 |
$1,056,933
$226,730 |
$1,680,127 |
| 6 |
$3,112,020 |
$1,111,778
$238,070 |
$1,762,172 |
| 7 |
$3,267,540 |
$1,169,320
$249,967 |
$1,848,253 |
| 8 |
$3,430,998 |
$1,229,800
$262,471 |
$1,938,727 |
| 9 |
$3,602,556 |
$1,293,276
$275,596 |
$2,033,684 |
| 10 |
$3,782,700 |
$1,359,929
$289,377 |
$2,133,394 |
| 11 |
$3,971,754 |
$1,429,879
$303,839 |
$2,238,036 |
| 12 |
$4,170,366 |
$1,503,366
$319,033 |
$2,347,967 |
| 13 |
$4,378,860 |
$1,580,509
$334,983 |
$2,463,368 |
| 14 |
$4,597,884 |
$1,661,547
$351,738 |
$2,584,599 |
| 15 |
$4,827,762 |
$1,746,602
$369,324 |
$2,711,836 |
| 16 |
$5,069,142 |
$1,835,913
$387,789 |
$2,845,440 |
| 17 |
$5,322,510 |
$1,929,659
$407,172 |
$2,985,679 |
| 18 |
$5,588,676 |
$2,028,141
$427,534 |
$3,133,001 |
| 19 |
$5,868,126 |
$2,131,537
$448,912 |
$3,287,677 |
| 20 |
$6,161,508 |
$2,240,088
$471,355 |
$3,450,065 |
| 21 |
$6,469,632 |
$2,354,094
$494,927 |
$3,620,611 |
| 22 |
$6,793,146 |
$2,473,794
$519,676 |
$3,799,676 |
| 23 |
$7,132,698 |
$2,599,429
$545,651 |
$3,987,618 |
| 24 |
$7,489,422 |
$2,731,417
$572,941 |
$4,185,064 |
| 25 |
$7,863,804 |
$2,869,938
$601,581 |
$4,392,285 |
| 26 |
$8,257,140 |
$3,015,472
$631,671 |
$4,609,997 |
| 27 |
$8,669,916 |
$3,168,199
$663,249 |
$4,838,468 |
| 28 |
$9,103,428 |
$3,328,599
$696,412 |
$5,078,417 |
| 29 |
$9,558,648 |
$3,497,030
$731,237 |
$5,330,381 |
| 30 |
$10,036,548 |
$3,673,853
$767,796 |
$5,594,899 |
|
|
