Kentucky Lottery

KYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Oct 13, 2025 is estimated to be $258 Million, with a cash option of 120.8 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 Kentucky, your state will take 4.5% 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.

Kentucky Powerball Jackpot/Cash Option for Mon Oct 13, 2025

Draw Date	Jackpot	Cash Option
Mon Oct 13, 2025	$258,000,000	$120,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$120,800,000
Federal Tax(24%)	$28,992,000
Additional Federal Tax	$15,664,330
State Tax(4.5%)	$5,436,000
Net Lumpsum Payment	$70,707,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,883,158	-$1,397,099 -$174,742	$2,311,317
2	$4,077,432	-$1,468,980 -$183,484	$2,424,968
3	$4,281,252	-$1,544,394 -$192,656	$2,544,202
4	$4,495,392	-$1,623,625 -$202,293	$2,669,474
5	$4,720,110	-$1,706,771 -$212,405	$2,800,934
6	$4,956,180	-$1,794,117 -$223,028	$2,939,035
7	$5,203,860	-$1,885,759 -$234,174	$3,083,927
8	$5,464,182	-$1,982,078 -$245,888	$3,236,216
9	$5,737,404	-$2,083,170 -$258,183	$3,396,051
10	$6,024,300	-$2,189,321 -$271,094	$3,563,885
11	$6,325,386	-$2,300,723 -$284,642	$3,740,021
12	$6,641,694	-$2,417,757 -$298,876	$3,925,061
13	$6,973,740	-$2,540,614 -$313,818	$4,119,308
14	$7,322,556	-$2,669,676 -$329,515	$4,323,365
15	$7,688,658	-$2,805,134 -$345,990	$4,537,534
16	$8,073,078	-$2,947,369 -$363,289	$4,762,420
17	$8,476,590	-$3,096,669 -$381,447	$4,998,474
18	$8,900,484	-$3,253,509 -$400,522	$5,246,453
19	$9,345,534	-$3,418,178 -$420,549	$5,506,807
20	$9,812,772	-$3,591,056 -$441,575	$5,780,141
21	$10,303,488	-$3,772,621 -$463,657	$6,067,210
22	$10,818,714	-$3,963,255 -$486,842	$6,368,617
23	$11,359,482	-$4,163,339 -$511,177	$6,684,966
24	$11,927,598	-$4,373,542 -$536,742	$7,017,314
25	$12,523,836	-$4,594,150 -$563,573	$7,366,113
26	$13,150,260	-$4,825,927 -$591,762	$7,732,571
27	$13,807,644	-$5,069,159 -$621,344	$8,117,141
28	$14,498,052	-$5,324,610 -$652,412	$8,521,030
29	$15,223,032	-$5,592,852 -$685,036	$8,945,144
30	$15,984,132	-$5,874,459 -$719,286	$9,390,387