Idaho Lottery

IDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 1, 2025 is estimated to be $1.10 Billion, with a cash option of 498.4 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 Idaho, your state will take 5.8% 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.

Idaho Powerball Jackpot/Cash Option for Mon Sep 1, 2025

Draw Date	Jackpot	Cash Option
Mon Sep 1, 2025	$1,100,000,000	$498,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$498,400,000
Federal Tax(24%)	$119,616,000
Additional Federal Tax	$64,752,330
State Tax(5.8%)	$28,907,200
Net Lumpsum Payment	$285,124,470

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$16,556,100	-$6,086,087 -$960,254	$9,509,759
2	$17,384,400	-$6,392,558 -$1,008,295	$9,983,547
3	$18,253,400	-$6,714,088 -$1,058,697	$10,480,615
4	$19,166,400	-$7,051,898 -$1,111,651	$11,002,851
5	$20,124,500	-$7,406,395 -$1,167,221	$11,550,884
6	$21,131,000	-$7,778,800 -$1,225,598	$12,126,602
7	$22,187,000	-$8,169,520 -$1,286,846	$12,730,634
8	$23,296,900	-$8,580,183 -$1,351,220	$13,365,497
9	$24,461,800	-$9,011,196 -$1,418,784	$14,031,820
10	$25,685,000	-$9,463,780 -$1,489,730	$14,731,490
11	$26,968,700	-$9,938,749 -$1,564,185	$15,465,766
12	$28,317,300	-$10,437,731 -$1,642,403	$16,237,166
13	$29,733,000	-$10,961,540 -$1,724,514	$17,046,946
14	$31,220,200	-$11,511,804 -$1,810,772	$17,897,624
15	$32,781,100	-$12,089,337 -$1,901,304	$18,790,459
16	$34,420,100	-$12,695,767 -$1,996,366	$19,727,967
17	$36,140,500	-$13,332,315 -$2,096,149	$20,712,036
18	$37,947,800	-$14,001,016 -$2,200,972	$21,745,812
19	$39,845,300	-$14,703,091 -$2,311,027	$22,831,182
20	$41,837,400	-$15,440,168 -$2,426,569	$23,970,663
21	$43,929,600	-$16,214,282 -$2,547,917	$25,167,401
22	$46,126,300	-$17,027,061 -$2,675,325	$26,423,914
23	$48,431,900	-$17,880,133 -$2,809,050	$27,742,717
24	$50,854,100	-$18,776,347 -$2,949,538	$29,128,215
25	$53,396,200	-$19,716,924 -$3,096,980	$30,582,296
26	$56,067,000	-$20,705,120 -$3,251,886	$32,109,994
27	$58,869,800	-$21,742,156 -$3,414,448	$33,713,196
28	$61,813,400	-$22,831,288 -$3,585,177	$35,396,935
29	$64,904,400	-$23,974,958 -$3,764,455	$37,164,987
30	$68,149,400	-$25,175,608 -$3,952,665	$39,021,127