Missouri Lottery

MOLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Apr 19, 2025 is estimated to be $131 Million, with a cash option of 58.6 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 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 Apr 19, 2025

Draw Date	Jackpot	Cash Option
Sat Apr 19, 2025	$131,000,000	$58,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$58,600,000
Federal Tax(24%)	$14,064,000
Additional Federal Tax	$7,578,330
State Tax(4%)	$2,344,000
Net Lumpsum Payment	$34,613,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,971,681	-$689,852 -$78,867	$1,202,962
2	$2,070,324	-$726,350 -$82,813	$1,261,161
3	$2,173,814	-$764,642 -$86,953	$1,322,219
4	$2,282,544	-$804,872 -$91,302	$1,386,370
5	$2,396,645	-$847,089 -$95,866	$1,453,690
6	$2,516,510	-$891,439 -$100,660	$1,524,411
7	$2,642,270	-$937,970 -$105,691	$1,598,609
8	$2,774,449	-$986,877 -$110,978	$1,676,594
9	$2,913,178	-$1,038,206 -$116,527	$1,758,445
10	$3,058,850	-$1,092,105 -$122,354	$1,844,391
11	$3,211,727	-$1,148,669 -$128,469	$1,934,589
12	$3,372,333	-$1,208,094 -$134,893	$2,029,346
13	$3,540,930	-$1,270,474 -$141,637	$2,128,819
14	$3,718,042	-$1,336,006 -$148,722	$2,233,314
15	$3,903,931	-$1,404,785 -$156,157	$2,342,989
16	$4,099,121	-$1,477,005 -$163,965	$2,458,151
17	$4,304,005	-$1,552,812 -$172,160	$2,579,033
18	$4,519,238	-$1,632,448 -$180,770	$2,706,020
19	$4,745,213	-$1,716,059 -$189,809	$2,839,345
20	$4,982,454	-$1,803,838 -$199,298	$2,979,318
21	$5,231,616	-$1,896,028 -$209,265	$3,126,323
22	$5,493,223	-$1,992,823 -$219,729	$3,280,671
23	$5,767,799	-$2,094,416 -$230,712	$3,442,671
24	$6,056,261	-$2,201,147 -$242,250	$3,612,864
25	$6,359,002	-$2,313,161 -$254,360	$3,791,481
26	$6,677,070	-$2,430,846 -$267,083	$3,979,141
27	$7,010,858	-$2,554,348 -$280,434	$4,176,076
28	$7,361,414	-$2,684,054 -$294,457	$4,382,903
29	$7,729,524	-$2,820,254 -$309,181	$4,600,089
30	$8,115,974	-$2,963,241 -$324,639	$4,828,094