The jackpot for the Powerball draw on Mon Jun 9, 2025, is projected to be $54 Million, with an option for a cash payout of $24.3 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho Powerball Jackpot/Cash Option for Mon Jun 9, 2025 |
| Draw Date |
Mon Jun 9, 2025 |
| Projected Jackpot |
$54,000,000 |
| Cash Value |
$24,300,000 |
| Lumpsum Option Taxes and Payment |
| Cash Gross Payment |
$24,300,000 |
| Federal Tax(24%) |
$5,832,000 |
| Additional Federal Tax |
$3,119,330 |
| State Tax(5.8%) |
$1,409,400 |
| Net Lumpsum Payment |
$13,939,270 |
| Annuity Payment in 30 Installations |
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$812,754 |
$261,049
$47,140 |
$504,565 |
| 2 |
$853,416 |
$276,094
$49,498 |
$527,824 |
| 3 |
$896,076 |
$291,879
$51,972 |
$552,225 |
| 4 |
$940,896 |
$308,462
$54,572 |
$577,862 |
| 5 |
$987,930 |
$325,864
$57,300 |
$604,766 |
| 6 |
$1,037,340 |
$344,146
$60,166 |
$633,028 |
| 7 |
$1,089,180 |
$363,327
$63,172 |
$662,681 |
| 8 |
$1,143,666 |
$383,487
$66,333 |
$693,846 |
| 9 |
$1,200,852 |
$404,646
$69,649 |
$726,557 |
| 10 |
$1,260,900 |
$426,863
$73,132 |
$760,905 |
| 11 |
$1,323,918 |
$450,180
$76,787 |
$796,951 |
| 12 |
$1,390,122 |
$474,676
$80,627 |
$834,819 |
| 13 |
$1,459,620 |
$500,390
$84,658 |
$874,572 |
| 14 |
$1,532,628 |
$527,403
$88,892 |
$916,333 |
| 15 |
$1,609,254 |
$555,754
$93,337 |
$960,163 |
| 16 |
$1,689,714 |
$585,525
$98,003 |
$1,006,186 |
| 17 |
$1,774,170 |
$616,773
$102,902 |
$1,054,495 |
| 18 |
$1,862,892 |
$649,600
$108,048 |
$1,105,244 |
| 19 |
$1,956,042 |
$684,066
$113,450 |
$1,158,526 |
| 20 |
$2,053,836 |
$720,250
$119,122 |
$1,214,464 |
| 21 |
$2,156,544 |
$758,252
$125,080 |
$1,273,212 |
| 22 |
$2,264,382 |
$798,152
$131,334 |
$1,334,896 |
| 23 |
$2,377,566 |
$840,030
$137,899 |
$1,399,637 |
| 24 |
$2,496,474 |
$884,026
$144,795 |
$1,467,653 |
| 25 |
$2,621,268 |
$930,200
$152,034 |
$1,539,034 |
| 26 |
$2,752,380 |
$978,711
$159,638 |
$1,614,031 |
| 27 |
$2,889,972 |
$1,029,620
$167,618 |
$1,692,734 |
| 28 |
$3,034,476 |
$1,083,087
$176,000 |
$1,775,389 |
| 29 |
$3,186,216 |
$1,139,230
$184,801 |
$1,862,185 |
| 30 |
$3,345,516 |
$1,198,171
$194,040 |
$1,953,305 |
|
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