Montana Lottery

MTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat May 31, 2025 is estimated to be $207 Million, with a cash option of 91 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 Montana, your state will take 6.75% 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.

Montana Powerball Jackpot/Cash Option for Sat May 31, 2025

Draw Date	Jackpot	Cash Option
Sat May 31, 2025	$207,000,000	$91,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$91,000,000
Federal Tax(24%)	$21,840,000
Additional Federal Tax	$11,790,330
State Tax(6.75%)	$6,142,500
Net Lumpsum Payment	$51,227,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,115,557	-$1,113,086 -$210,300	$1,792,171
2	$3,271,428	-$1,170,759 -$220,821	$1,879,848
3	$3,434,958	-$1,231,265 -$231,860	$1,971,833
4	$3,606,768	-$1,294,835 -$243,457	$2,068,476
5	$3,787,065	-$1,361,544 -$255,627	$2,169,894
6	$3,976,470	-$1,431,624 -$268,412	$2,276,434
7	$4,175,190	-$1,505,151 -$281,825	$2,388,214
8	$4,384,053	-$1,582,430 -$295,924	$2,505,699
9	$4,603,266	-$1,663,539 -$310,720	$2,629,007
10	$4,833,450	-$1,748,707 -$326,258	$2,758,485
11	$5,075,019	-$1,838,087 -$342,564	$2,894,368
12	$5,328,801	-$1,931,987 -$359,694	$3,037,120
13	$5,595,210	-$2,030,558 -$377,677	$3,186,975
14	$5,875,074	-$2,134,108 -$396,567	$3,344,399
15	$6,168,807	-$2,242,789 -$416,394	$3,509,624
16	$6,477,237	-$2,356,908 -$437,213	$3,683,116
17	$6,800,985	-$2,476,695 -$459,066	$3,865,224
18	$7,141,086	-$2,602,532 -$482,023	$4,056,531
19	$7,498,161	-$2,734,650 -$506,126	$4,257,385
20	$7,873,038	-$2,873,354 -$531,430	$4,468,254
21	$8,266,752	-$3,019,029 -$558,006	$4,689,717
22	$8,680,131	-$3,171,979 -$585,909	$4,922,243
23	$9,114,003	-$3,332,511 -$615,195	$5,166,297
24	$9,569,817	-$3,501,163 -$645,963	$5,422,691
25	$10,048,194	-$3,678,162 -$678,253	$5,691,779
26	$10,550,790	-$3,864,123 -$712,178	$5,974,489
27	$11,078,226	-$4,059,274 -$747,780	$6,271,172
28	$11,632,158	-$4,264,229 -$785,171	$6,582,758
29	$12,213,828	-$4,479,447 -$824,433	$6,909,948
30	$12,824,478	-$4,705,387 -$865,652	$7,253,439