Missouri Lottery

MOLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Mar 10, 2025 is estimated to be $335 Million, with a cash option of 157.3 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 Missouri, your state will take 4% 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.

Missouri Powerball Jackpot/Cash Option for Mon Mar 10, 2025

Draw Date	Jackpot	Cash Option
Mon Mar 10, 2025	$335,000,000	$157,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$157,300,000
Federal Tax(24%)	$37,752,000
Additional Federal Tax	$20,409,330
State Tax(4%)	$6,292,000
Net Lumpsum Payment	$92,846,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,042,085	-$1,825,902 -$201,683	$3,014,500
2	$5,294,340	-$1,919,236 -$211,774	$3,163,330
3	$5,558,990	-$2,017,157 -$222,360	$3,319,473
4	$5,837,040	-$2,120,035 -$233,482	$3,483,523
5	$6,128,825	-$2,227,996 -$245,153	$3,655,676
6	$6,435,350	-$2,341,410 -$257,414	$3,836,526
7	$6,756,950	-$2,460,402 -$270,278	$4,026,270
8	$7,094,965	-$2,585,467 -$283,799	$4,225,699
9	$7,449,730	-$2,716,730 -$297,989	$4,435,011
10	$7,822,250	-$2,854,563 -$312,890	$4,654,797
11	$8,213,195	-$2,999,213 -$328,528	$4,885,454
12	$8,623,905	-$3,151,175 -$344,956	$5,127,774
13	$9,055,050	-$3,310,699 -$362,202	$5,382,149
14	$9,507,970	-$3,478,279 -$380,319	$5,649,372
15	$9,983,335	-$3,654,164 -$399,333	$5,929,838
16	$10,482,485	-$3,838,850 -$419,299	$6,224,336
17	$11,006,425	-$4,032,708 -$440,257	$6,533,460
18	$11,556,830	-$4,236,357 -$462,273	$6,858,200
19	$12,134,705	-$4,450,171 -$485,388	$7,199,146
20	$12,741,390	-$4,674,645 -$509,656	$7,557,089
21	$13,378,560	-$4,910,398 -$535,142	$7,933,020
22	$14,047,555	-$5,157,926 -$561,902	$8,327,727
23	$14,749,715	-$5,417,725 -$589,989	$8,742,001
24	$15,487,385	-$5,690,663 -$619,495	$9,177,227
25	$16,261,570	-$5,977,111 -$650,463	$9,633,996
26	$17,074,950	-$6,278,062 -$682,998	$10,113,890
27	$17,928,530	-$6,593,886 -$717,141	$10,617,503
28	$18,824,990	-$6,925,577 -$753,000	$11,146,413
29	$19,766,340	-$7,273,876 -$790,654	$11,701,810
30	$20,754,590	-$7,639,529 -$830,184	$12,284,877