West Virginia Lottery

WVLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Sep 20, 2025 is estimated to be $99 Million, with a cash option of 46.3 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 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 Sep 20, 2025

Draw Date	Jackpot	Cash Option
Sat Sep 20, 2025	$99,000,000	$46,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$46,300,000
Federal Tax(24%)	$11,112,000
Additional Federal Tax	$5,979,330
State Tax(6.5%)	$3,009,500
Net Lumpsum Payment	$26,199,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,490,049	-$511,649 -$96,853	$881,547
2	$1,564,596	-$539,231 -$101,699	$923,666
3	$1,642,806	-$568,169 -$106,782	$967,855
4	$1,724,976	-$598,572 -$112,123	$1,014,281
5	$1,811,205	-$630,476 -$117,728	$1,063,001
6	$1,901,790	-$663,993 -$123,616	$1,114,181
7	$1,996,830	-$699,157 -$129,794	$1,167,879
8	$2,096,721	-$736,117 -$136,287	$1,224,317
9	$2,201,562	-$774,908 -$143,102	$1,283,552
10	$2,311,650	-$815,641 -$150,257	$1,345,752
11	$2,427,183	-$858,388 -$157,767	$1,411,028
12	$2,548,557	-$903,296 -$165,656	$1,479,605
13	$2,675,970	-$950,439 -$173,938	$1,551,593
14	$2,809,818	-$999,963 -$182,638	$1,627,217
15	$2,950,299	-$1,051,941 -$191,769	$1,706,589
16	$3,097,809	-$1,106,520 -$201,358	$1,789,931
17	$3,252,645	-$1,163,809 -$211,422	$1,877,414
18	$3,415,302	-$1,223,992 -$221,995	$1,969,315
19	$3,586,077	-$1,287,179 -$233,095	$2,065,803
20	$3,765,366	-$1,353,516 -$244,749	$2,167,101
21	$3,953,664	-$1,423,186 -$256,988	$2,273,490
22	$4,151,367	-$1,496,336 -$269,839	$2,385,192
23	$4,358,871	-$1,573,113 -$283,327	$2,502,431
24	$4,576,869	-$1,653,772 -$297,496	$2,625,601
25	$4,805,658	-$1,738,424 -$312,368	$2,754,866
26	$5,046,030	-$1,827,361 -$327,992	$2,890,677
27	$5,298,282	-$1,920,695 -$344,388	$3,033,199
28	$5,563,206	-$2,018,717 -$361,608	$3,182,881
29	$5,841,396	-$2,121,647 -$379,691	$3,340,058
30	$6,133,446	-$2,229,705 -$398,674	$3,505,067