Missouri Lottery

MOLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Aug 9, 2025 is estimated to be $482 Million, with a cash option of 218.9 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 Missouri, your state will take 4% 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.

Missouri Powerball Jackpot/Cash Option for Sat Aug 9, 2025

Draw Date	Jackpot	Cash Option
Sat Aug 9, 2025	$482,000,000	$218,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$218,900,000
Federal Tax(24%)	$52,536,000
Additional Federal Tax	$28,417,330
State Tax(4%)	$8,756,000
Net Lumpsum Payment	$129,190,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$7,254,582	-$2,644,526 -$290,183	$4,319,873
2	$7,617,528	-$2,778,816 -$304,701	$4,534,011
3	$7,998,308	-$2,919,704 -$319,932	$4,758,672
4	$8,398,368	-$3,067,727 -$335,935	$4,994,706
5	$8,818,190	-$3,223,061 -$352,728	$5,242,401
6	$9,259,220	-$3,386,242 -$370,369	$5,502,609
7	$9,721,940	-$3,557,448 -$388,878	$5,775,614
8	$10,208,278	-$3,737,393 -$408,331	$6,062,554
9	$10,718,716	-$3,926,255 -$428,749	$6,363,712
10	$11,254,700	-$4,124,569 -$450,188	$6,679,943
11	$11,817,194	-$4,332,692 -$472,688	$7,011,814
12	$12,408,126	-$4,551,337 -$496,325	$7,360,464
13	$13,028,460	-$4,780,861 -$521,138	$7,726,461
14	$13,680,124	-$5,021,976 -$547,205	$8,110,943
15	$14,364,082	-$5,275,041 -$574,563	$8,514,478
16	$15,082,262	-$5,540,767 -$603,290	$8,938,205
17	$15,836,110	-$5,819,691 -$633,444	$9,382,975
18	$16,628,036	-$6,112,704 -$665,121	$9,850,211
19	$17,459,486	-$6,420,340 -$698,379	$10,340,767
20	$18,332,388	-$6,743,314 -$733,296	$10,855,778
21	$19,249,152	-$7,082,517 -$769,966	$11,396,669
22	$20,211,706	-$7,438,662 -$808,468	$11,964,576
23	$21,221,978	-$7,812,462 -$848,879	$12,560,637
24	$22,283,342	-$8,205,167 -$891,334	$13,186,841
25	$23,397,244	-$8,617,311 -$935,890	$13,844,043
26	$24,567,540	-$9,050,320 -$982,702	$14,534,518
27	$25,795,676	-$9,504,731 -$1,031,827	$15,259,118
28	$27,085,508	-$9,981,968 -$1,083,420	$16,020,120
29	$28,439,928	-$10,483,104 -$1,137,597	$16,819,227
30	$29,861,828	-$11,009,207 -$1,194,473	$17,658,148