Montana Lottery

MTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Sep 6, 2025 is estimated to be $1.70 Billion, with a cash option of 770.3 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 Sep 6, 2025

Draw Date	Jackpot	Cash Option
Sat Sep 6, 2025	$1,700,000,000	$770,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$770,300,000
Federal Tax(24%)	$184,872,000
Additional Federal Tax	$100,099,330
State Tax(6.75%)	$51,995,250
Net Lumpsum Payment	$433,333,420

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$25,586,700	-$9,427,409 -$1,727,102	$14,432,189
2	$26,866,800	-$9,901,046 -$1,813,509	$15,152,245
3	$28,209,800	-$10,397,956 -$1,904,162	$15,907,682
4	$29,620,800	-$10,920,026 -$1,999,404	$16,701,370
5	$31,101,500	-$11,467,885 -$2,099,351	$17,534,264
6	$32,657,000	-$12,043,420 -$2,204,348	$18,409,232
7	$34,289,000	-$12,647,260 -$2,314,508	$19,327,232
8	$36,004,300	-$13,281,921 -$2,430,290	$20,292,089
9	$37,804,600	-$13,948,032 -$2,551,811	$21,304,757
10	$39,695,000	-$14,647,480 -$2,679,413	$22,368,107
11	$41,678,900	-$15,381,523 -$2,813,326	$23,484,051
12	$43,763,100	-$16,152,677 -$2,954,009	$24,656,414
13	$45,951,000	-$16,962,200 -$3,101,693	$25,887,107
14	$48,249,400	-$17,812,608 -$3,256,835	$27,179,957
15	$50,661,700	-$18,705,159 -$3,419,665	$28,536,876
16	$53,194,700	-$19,642,369 -$3,590,642	$29,961,689
17	$55,853,500	-$20,626,125 -$3,770,111	$31,457,264
18	$58,646,600	-$21,659,572 -$3,958,646	$33,028,382
19	$61,579,100	-$22,744,597 -$4,156,589	$34,677,914
20	$64,657,800	-$23,883,716 -$4,364,402	$36,409,682
21	$67,891,200	-$25,080,074 -$4,582,656	$38,228,470
22	$71,286,100	-$26,336,187 -$4,811,812	$40,138,101
23	$74,849,300	-$27,654,571 -$5,052,328	$42,142,401
24	$78,592,700	-$29,039,629 -$5,305,007	$44,248,064
25	$82,521,400	-$30,493,248 -$5,570,195	$46,457,957
26	$86,649,000	-$32,020,460 -$5,848,808	$48,779,732
27	$90,980,600	-$33,623,152 -$6,141,191	$51,216,257
28	$95,529,800	-$35,306,356 -$6,448,262	$53,775,182
29	$100,306,800	-$37,073,846 -$6,770,709	$56,462,245
30	$105,321,800	-$38,929,396 -$7,109,222	$59,283,182