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 Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin 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(7.65%) | $13,716,450 | | Net Lumpsum Payment | $99,282,220 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,659,176 |
$2,054,226
$432,927 |
$3,172,023 |
| 2 |
$5,942,304 |
$2,158,983
$454,586 |
$3,328,735 |
| 3 |
$6,239,344 |
$2,268,888
$477,310 |
$3,493,146 |
| 4 |
$6,551,424 |
$2,384,357
$501,184 |
$3,665,883 |
| 5 |
$6,878,920 |
$2,505,531
$526,237 |
$3,847,152 |
| 6 |
$7,222,960 |
$2,632,826
$552,556 |
$4,037,578 |
| 7 |
$7,583,920 |
$2,766,381
$580,170 |
$4,237,369 |
| 8 |
$7,963,304 |
$2,906,753
$609,193 |
$4,447,358 |
| 9 |
$8,361,488 |
$3,054,081
$639,654 |
$4,667,753 |
| 10 |
$8,779,600 |
$3,208,782
$671,639 |
$4,899,179 |
| 11 |
$9,218,392 |
$3,371,135
$705,207 |
$5,142,050 |
| 12 |
$9,679,368 |
$3,541,697
$740,472 |
$5,397,199 |
| 13 |
$10,163,280 |
$3,720,744
$777,491 |
$5,665,045 |
| 14 |
$10,671,632 |
$3,908,834
$816,380 |
$5,946,418 |
| 15 |
$11,205,176 |
$4,106,246
$857,196 |
$6,241,734 |
| 16 |
$11,765,416 |
$4,313,534
$900,054 |
$6,551,828 |
| 17 |
$12,353,480 |
$4,531,118
$945,041 |
$6,877,321 |
| 18 |
$12,971,248 |
$4,759,692
$992,300 |
$7,219,256 |
| 19 |
$13,619,848 |
$4,999,674
$1,041,918 |
$7,578,256 |
| 20 |
$14,300,784 |
$5,251,620
$1,094,010 |
$7,955,154 |
| 21 |
$15,015,936 |
$5,516,227
$1,148,719 |
$8,350,990 |
| 22 |
$15,766,808 |
$5,794,049
$1,206,161 |
$8,766,598 |
| 23 |
$16,554,904 |
$6,085,645
$1,266,450 |
$9,202,809 |
| 24 |
$17,382,856 |
$6,391,987
$1,329,788 |
$9,661,081 |
| 25 |
$18,251,792 |
$6,713,493
$1,396,262 |
$10,142,037 |
| 26 |
$19,164,720 |
$7,051,277
$1,466,101 |
$10,647,342 |
| 27 |
$20,122,768 |
$7,405,755
$1,539,392 |
$11,177,621 |
| 28 |
$21,128,944 |
$7,778,040
$1,616,364 |
$11,734,540 |
| 29 |
$22,185,504 |
$8,168,967
$1,697,191 |
$12,319,346 |
| 30 |
$23,294,704 |
$8,579,371
$1,782,045 |
$12,933,288 |
|
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