Montana Lottery

MTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Jul 26, 2025 is estimated to be $350 Million, with a cash option of 156.5 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 Jul 26, 2025

Draw Date Jackpot Cash Option
Sat Jul 26, 2025$350,000,000$156,500,000

Lumpsum Option Taxes and Payment

Category Amount
Cash Gross Payment$156,500,000
Federal Tax(24%)$37,560,000
Additional Federal Tax$20,305,330
State Tax(6.75%)$10,563,750
Net Lumpsum Payment$88,070,920

Annuity Payment in 30 Installations

Year Gross Payment Fed/State Tax Net Payment
1 $5,267,850 -$1,909,435
-$355,580
$3,002,835
2 $5,531,400 -$2,006,948
-$373,370
$3,151,082
3 $5,807,900 -$2,109,253
-$392,033
$3,306,614
4 $6,098,400 -$2,216,738
-$411,642
$3,470,020
5 $6,403,250 -$2,329,533
-$432,219
$3,641,498
6 $6,723,500 -$2,448,025
-$453,836
$3,821,639
7 $7,059,500 -$2,572,345
-$476,516
$4,010,639
8 $7,412,650 -$2,703,011
-$500,354
$4,209,285
9 $7,783,300 -$2,840,151
-$525,373
$4,417,776
10 $8,172,500 -$2,984,155
-$551,644
$4,636,701
11 $8,580,950 -$3,135,282
-$579,214
$4,866,454
12 $9,010,050 -$3,294,049
-$608,178
$5,107,823
13 $9,460,500 -$3,460,715
-$638,584
$5,361,201
14 $9,933,700 -$3,635,799
-$670,525
$5,627,376
15 $10,430,350 -$3,819,560
-$704,049
$5,906,741
16 $10,951,850 -$4,012,515
-$739,250
$6,200,085
17 $11,499,250 -$4,215,053
-$776,199
$6,507,998
18 $12,074,300 -$4,427,821
-$815,015
$6,831,464
19 $12,678,050 -$4,651,209
-$855,768
$7,171,073
20 $13,311,900 -$4,885,733
-$898,553
$7,527,614
21 $13,977,600 -$5,132,042
-$943,488
$7,902,070
22 $14,676,550 -$5,390,654
-$990,667
$8,295,229
23 $15,410,150 -$5,662,086
-$1,040,185
$8,707,879
24 $16,180,850 -$5,947,245
-$1,092,207
$9,141,398
25 $16,989,700 -$6,246,519
-$1,146,805
$9,596,376
26 $17,839,500 -$6,560,945
-$1,204,166
$10,074,389
27 $18,731,300 -$6,890,911
-$1,264,363
$10,576,026
28 $19,667,900 -$7,237,453
-$1,327,583
$11,102,864
29 $20,651,400 -$7,601,348
-$1,393,970
$11,656,082
30 $21,683,900 -$7,983,373
-$1,463,663
$12,236,864
3
5
0
Cash Option: $156.5 Million
Next Draw: Sat Jul 26
Powerball
Wed Jul 23, 2025
021819253525

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