Montana Lottery

MTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Nov 3, 2025 is estimated to be $419 Million, with a cash option of 198 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 Mon Nov 3, 2025

Draw Date	Jackpot	Cash Option
Mon Nov 3, 2025	$419,000,000	$198,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$198,000,000
Federal Tax(24%)	$47,520,000
Additional Federal Tax	$25,700,330
State Tax(6.75%)	$13,365,000
Net Lumpsum Payment	$111,414,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,306,369	-$2,293,687 -$425,680	$3,587,002
2	$6,621,876	-$2,410,425 -$446,977	$3,764,474
3	$6,952,886	-$2,532,898 -$469,320	$3,950,668
4	$7,300,656	-$2,661,573 -$492,794	$4,146,289
5	$7,665,605	-$2,796,604 -$517,428	$4,351,573
6	$8,048,990	-$2,938,457 -$543,307	$4,567,226
7	$8,451,230	-$3,087,285 -$570,458	$4,793,487
8	$8,874,001	-$3,243,711 -$598,995	$5,031,295
9	$9,317,722	-$3,407,888 -$628,946	$5,280,888
10	$9,783,650	-$3,580,281 -$660,396	$5,542,973
11	$10,272,623	-$3,761,201 -$693,402	$5,818,020
12	$10,786,317	-$3,951,268 -$728,076	$6,106,973
13	$11,325,570	-$4,150,791 -$764,476	$6,410,303
14	$11,892,058	-$4,360,392 -$802,714	$6,728,952
15	$12,486,619	-$4,580,379 -$842,847	$7,063,393
16	$13,110,929	-$4,811,374 -$884,988	$7,414,567
17	$13,766,245	-$5,053,841 -$929,222	$7,783,182
18	$14,454,662	-$5,308,555 -$975,690	$8,170,417
19	$15,177,437	-$5,575,982 -$1,024,477	$8,576,978
20	$15,936,246	-$5,856,741 -$1,075,697	$9,003,808
21	$16,733,184	-$6,151,608 -$1,129,490	$9,452,086
22	$17,569,927	-$6,461,203 -$1,185,970	$9,922,754
23	$18,448,151	-$6,786,146 -$1,245,250	$10,416,755
24	$19,370,789	-$7,127,522 -$1,307,528	$10,935,739
25	$20,339,098	-$7,485,797 -$1,372,889	$11,480,412
26	$21,356,430	-$7,862,209 -$1,441,559	$12,052,662
27	$22,424,042	-$8,257,226 -$1,513,623	$12,653,193
28	$23,545,286	-$8,672,086 -$1,589,307	$13,283,893
29	$24,722,676	-$9,107,721 -$1,668,781	$13,946,174
30	$25,958,726	-$9,565,059 -$1,752,214	$14,641,453