Kentucky Lottery

KYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Oct 20, 2025 is estimated to be $304 Million, with a cash option of 144.6 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Kentucky, your state will take 4.5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Kentucky Powerball Jackpot/Cash Option for Mon Oct 20, 2025

Draw Date Jackpot Cash Option
Mon Oct 20, 2025$304,000,000$144,600,000

Lumpsum Option Taxes and Payment

Category Amount
Cash Gross Payment$144,600,000
Federal Tax(24%)$34,704,000
Additional Federal Tax$18,758,330
State Tax(4.5%)$6,507,000
Net Lumpsum Payment$84,630,670

Annuity Payment in 30 Installations

Year Gross Payment Fed/State Tax Net Payment
1 $4,575,504 -$1,653,267
-$205,898
$2,716,339
2 $4,804,416 -$1,737,964
-$216,199
$2,850,253
3 $5,044,576 -$1,826,824
-$227,006
$2,990,746
4 $5,296,896 -$1,920,182
-$238,360
$3,138,354
5 $5,561,680 -$2,018,152
-$250,276
$3,293,252
6 $5,839,840 -$2,121,071
-$262,793
$3,455,976
7 $6,131,680 -$2,229,052
-$275,926
$3,626,702
8 $6,438,416 -$2,342,544
-$289,729
$3,806,143
9 $6,760,352 -$2,461,661
-$304,216
$3,994,475
10 $7,098,400 -$2,586,738
-$319,428
$4,192,234
11 $7,453,168 -$2,718,003
-$335,393
$4,399,772
12 $7,825,872 -$2,855,903
-$352,164
$4,617,805
13 $8,217,120 -$3,000,665
-$369,770
$4,846,685
14 $8,628,128 -$3,152,738
-$388,266
$5,087,124
15 $9,059,504 -$3,312,347
-$407,678
$5,339,479
16 $9,512,464 -$3,479,942
-$428,061
$5,604,461
17 $9,987,920 -$3,655,861
-$449,456
$5,882,603
18 $10,487,392 -$3,840,665
-$471,933
$6,174,794
19 $11,011,792 -$4,034,693
-$495,531
$6,481,568
20 $11,562,336 -$4,238,395
-$520,305
$6,803,636
21 $12,140,544 -$4,452,332
-$546,324
$7,141,888
22 $12,747,632 -$4,676,954
-$573,643
$7,497,035
23 $13,384,816 -$4,912,712
-$602,317
$7,869,787
24 $14,054,224 -$5,160,393
-$632,440
$8,261,391
25 $14,756,768 -$5,420,335
-$664,055
$8,672,378
26 $15,494,880 -$5,693,436
-$697,270
$9,104,174
27 $16,269,472 -$5,980,035
-$732,126
$9,557,311
28 $17,082,976 -$6,281,032
-$768,734
$10,033,210
29 $17,937,216 -$6,597,100
-$807,175
$10,532,941
30 $18,834,016 -$6,928,916
-$847,531
$11,057,569
3
0
4
Cash Option: $144.6 Million
Next Draw: Mon Oct 20
Powerball
Sat Oct 18, 2025
031127405810

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