Ohio Lottery

OHLottery 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 Ohio, your state will take 3.99% 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.

Ohio 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(3.99%)	$4,819,920
Net Lumpsum Payment	$71,323,750

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,883,158	-$1,397,099 -$154,938	$2,331,121
2	$4,077,432	-$1,468,980 -$162,690	$2,445,762
3	$4,281,252	-$1,544,394 -$170,822	$2,566,036
4	$4,495,392	-$1,623,625 -$179,366	$2,692,401
5	$4,720,110	-$1,706,771 -$188,332	$2,825,007
6	$4,956,180	-$1,794,117 -$197,752	$2,964,311
7	$5,203,860	-$1,885,759 -$207,634	$3,110,467
8	$5,464,182	-$1,982,078 -$218,021	$3,264,083
9	$5,737,404	-$2,083,170 -$228,922	$3,425,312
10	$6,024,300	-$2,189,321 -$240,370	$3,594,609
11	$6,325,386	-$2,300,723 -$252,383	$3,772,280
12	$6,641,694	-$2,417,757 -$265,004	$3,958,933
13	$6,973,740	-$2,540,614 -$278,252	$4,154,874
14	$7,322,556	-$2,669,676 -$292,170	$4,360,710
15	$7,688,658	-$2,805,134 -$306,777	$4,576,747
16	$8,073,078	-$2,947,369 -$322,116	$4,803,593
17	$8,476,590	-$3,096,669 -$338,216	$5,041,705
18	$8,900,484	-$3,253,509 -$355,129	$5,291,846
19	$9,345,534	-$3,418,178 -$372,887	$5,554,469
20	$9,812,772	-$3,591,056 -$391,530	$5,830,186
21	$10,303,488	-$3,772,621 -$411,109	$6,119,758
22	$10,818,714	-$3,963,255 -$431,667	$6,423,792
23	$11,359,482	-$4,163,339 -$453,243	$6,742,900
24	$11,927,598	-$4,373,542 -$475,911	$7,078,145
25	$12,523,836	-$4,594,150 -$499,701	$7,429,985
26	$13,150,260	-$4,825,927 -$524,695	$7,799,638
27	$13,807,644	-$5,069,159 -$550,925	$8,187,560
28	$14,498,052	-$5,324,610 -$578,472	$8,594,970
29	$15,223,032	-$5,592,852 -$607,399	$9,022,781
30	$15,984,132	-$5,874,459 -$637,767	$9,471,906