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 West Virginia residents, the state will deduct 6.5% from your lottery earnings.
| West Virginia 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(6.5%) | $50,069,500 | | Net Lumpsum Payment | $435,259,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$25,586,700 |
$9,427,409
$1,663,136 |
$14,496,155 |
| 2 |
$26,866,800 |
$9,901,046
$1,746,342 |
$15,219,412 |
| 3 |
$28,209,800 |
$10,397,956
$1,833,637 |
$15,978,207 |
| 4 |
$29,620,800 |
$10,920,026
$1,925,352 |
$16,775,422 |
| 5 |
$31,101,500 |
$11,467,885
$2,021,598 |
$17,612,017 |
| 6 |
$32,657,000 |
$12,043,420
$2,122,705 |
$18,490,875 |
| 7 |
$34,289,000 |
$12,647,260
$2,228,785 |
$19,412,955 |
| 8 |
$36,004,300 |
$13,281,921
$2,340,280 |
$20,382,099 |
| 9 |
$37,804,600 |
$13,948,032
$2,457,299 |
$21,399,269 |
| 10 |
$39,695,000 |
$14,647,480
$2,580,175 |
$22,467,345 |
| 11 |
$41,678,900 |
$15,381,523
$2,709,129 |
$23,588,248 |
| 12 |
$43,763,100 |
$16,152,677
$2,844,602 |
$24,765,821 |
| 13 |
$45,951,000 |
$16,962,200
$2,986,815 |
$26,001,985 |
| 14 |
$48,249,400 |
$17,812,608
$3,136,211 |
$27,300,581 |
| 15 |
$50,661,700 |
$18,705,159
$3,293,011 |
$28,663,530 |
| 16 |
$53,194,700 |
$19,642,369
$3,457,656 |
$30,094,675 |
| 17 |
$55,853,500 |
$20,626,125
$3,630,478 |
$31,596,897 |
| 18 |
$58,646,600 |
$21,659,572
$3,812,029 |
$33,174,999 |
| 19 |
$61,579,100 |
$22,744,597
$4,002,642 |
$34,831,861 |
| 20 |
$64,657,800 |
$23,883,716
$4,202,757 |
$36,571,327 |
| 21 |
$67,891,200 |
$25,080,074
$4,412,928 |
$38,398,198 |
| 22 |
$71,286,100 |
$26,336,187
$4,633,597 |
$40,316,316 |
| 23 |
$74,849,300 |
$27,654,571
$4,865,205 |
$42,329,524 |
| 24 |
$78,592,700 |
$29,039,629
$5,108,526 |
$44,444,545 |
| 25 |
$82,521,400 |
$30,493,248
$5,363,891 |
$46,664,261 |
| 26 |
$86,649,000 |
$32,020,460
$5,632,185 |
$48,996,355 |
| 27 |
$90,980,600 |
$33,623,152
$5,913,739 |
$51,443,709 |
| 28 |
$95,529,800 |
$35,306,356
$6,209,437 |
$54,014,007 |
| 29 |
$100,306,800 |
$37,073,846
$6,519,942 |
$56,713,012 |
| 30 |
$105,321,800 |
$38,929,396
$6,845,917 |
$59,546,487 |
|
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