PowerBall

$ 1,100,000,000

PowerBall Jackpot

In this section you can find out about the current size of the PowerBall lottery jackpot. As well as taxes that must be paid in order to receive your prize.

Jackpot Analysis

The table below shows the difference between Annuity payments and Cash Lump Sum.

Jackpot Type Annuity Cash Lump Sum
Jackpot $1,100,000,000 $498,400,000
Federal Tax (37%) -$407,000,000 -$184,408,000
State Tax (8%) -$88,000,000 -$39,872,000
Total $605,000,000 $274,120,000

Annuity Calculation Table

Jackpot winners who choose an annuity payout will receive their winnings over the next thirty years. It should be borne in mind that payments will increase by 5% from year to year. The table shows the breakdown of annuity payout and tax for each year.

Year Annuity Value Federal Tax (37%) State Tax (8%) Total
2025 $16,556,579 -$6,125,934 -$1,324,526 $9,106,118
2026 $17,384,408 -$6,432,231 -$1,390,753 $9,561,424
2027 $18,253,628 -$6,753,842 -$1,460,290 $10,039,495
2028 $19,166,309 -$7,091,534 -$1,533,305 $10,541,470
2029 $20,124,625 -$7,446,111 -$1,609,970 $11,068,544
2030 $21,130,856 -$7,818,417 -$1,690,468 $11,621,971
2031 $22,187,399 -$8,209,338 -$1,774,992 $12,203,069
2032 $23,296,769 -$8,619,804 -$1,863,741 $12,813,223
2033 $24,461,607 -$9,050,795 -$1,956,929 $13,453,884
2034 $25,684,688 -$9,503,334 -$2,054,775 $14,126,578
2035 $26,968,922 -$9,978,501 -$2,157,514 $14,832,907
2036 $28,317,368 -$10,477,426 -$2,265,389 $15,574,552
2037 $29,733,236 -$11,001,297 -$2,378,659 $16,353,280
2038 $31,219,898 -$11,551,362 -$2,497,592 $17,170,944
2039 $32,780,893 -$12,128,930 -$2,622,471 $18,029,491
2040 $34,419,938 -$12,735,377 -$2,753,595 $18,930,966
2041 $36,140,935 -$13,372,146 -$2,891,275 $19,877,514
2042 $37,947,981 -$14,040,753 -$3,035,839 $20,871,390
2043 $39,845,380 -$14,742,791 -$3,187,630 $21,914,959
2044 $41,837,649 -$15,479,930 -$3,347,012 $23,010,707
2045 $43,929,532 -$16,253,927 -$3,514,363 $24,161,243
2046 $46,126,009 -$17,066,623 -$3,690,081 $25,369,305
2047 $48,432,309 -$17,919,954 -$3,874,585 $26,637,770
2048 $50,853,924 -$18,815,952 -$4,068,314 $27,969,658
2049 $53,396,621 -$19,756,750 -$4,271,730 $29,368,141
2050 $56,066,452 -$20,744,587 -$4,485,316 $30,836,548
2051 $58,869,774 -$21,781,816 -$4,709,582 $32,378,376
2052 $61,813,263 -$22,870,907 -$4,945,061 $33,997,295
2053 $64,903,926 -$24,014,453 -$5,192,314 $35,697,159
2054 $68,149,122 -$25,215,175 -$5,451,930 $37,482,017
$1,100,000,000 -$407,000,000 -$88,000,000 $605,000,000