West Virginia Lottery

WVLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Oct 11, 2025 is estimated to be $244 Million, with a cash option of 114.2 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 West Virginia, your state will take 6.5% 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.

West Virginia Powerball Jackpot/Cash Option for Sat Oct 11, 2025

Draw Date	Jackpot	Cash Option
Sat Oct 11, 2025	$244,000,000	$114,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$114,200,000
Federal Tax(24%)	$27,408,000
Additional Federal Tax	$14,806,330
State Tax(6.5%)	$7,423,000
Net Lumpsum Payment	$64,562,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,672,444	-$1,319,135 -$238,709	$2,114,600
2	$3,856,176	-$1,387,116 -$250,651	$2,218,409
3	$4,048,936	-$1,458,437 -$263,181	$2,327,318
4	$4,251,456	-$1,533,369 -$276,345	$2,441,742
5	$4,463,980	-$1,612,003 -$290,159	$2,561,818
6	$4,687,240	-$1,694,609 -$304,671	$2,687,960
7	$4,921,480	-$1,781,278 -$319,896	$2,820,306
8	$5,167,676	-$1,872,371 -$335,899	$2,959,406
9	$5,426,072	-$1,967,977 -$352,695	$3,105,400
10	$5,697,400	-$2,068,368 -$370,331	$3,258,701
11	$5,982,148	-$2,173,725 -$388,840	$3,419,583
12	$6,281,292	-$2,284,408 -$408,284	$3,588,600
13	$6,595,320	-$2,400,599 -$428,696	$3,766,025
14	$6,925,208	-$2,522,657 -$450,139	$3,952,412
15	$7,271,444	-$2,650,765 -$472,644	$4,148,035
16	$7,635,004	-$2,785,282 -$496,275	$4,353,447
17	$8,016,620	-$2,926,480 -$521,080	$4,569,060
18	$8,417,512	-$3,074,810 -$547,138	$4,795,564
19	$8,838,412	-$3,230,543 -$574,497	$5,033,372
20	$9,280,296	-$3,394,040 -$603,219	$5,283,037
21	$9,744,384	-$3,565,752 -$633,385	$5,545,247
22	$10,231,652	-$3,746,042 -$665,057	$5,820,553
23	$10,743,076	-$3,935,269 -$698,300	$6,109,507
24	$11,280,364	-$4,134,065 -$733,224	$6,413,075
25	$11,844,248	-$4,342,702 -$769,876	$6,731,670
26	$12,436,680	-$4,561,902 -$808,384	$7,066,394
27	$13,058,392	-$4,791,935 -$848,795	$7,417,662
28	$13,711,336	-$5,033,525 -$891,237	$7,786,574
29	$14,396,976	-$5,287,212 -$935,803	$8,173,961
30	$15,116,776	-$5,553,538 -$982,590	$8,580,648