PowerBall

$ 168,000,000

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 $168,000,000 $77,100,000
Federal Tax (37%) -$62,160,000 -$28,527,000
State Tax (8%) -$13,440,000 -$6,168,000
Total $92,400,000 $42,405,000

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 $2,528,641 -$935,597 -$202,291 $1,390,753
2026 $2,655,073 -$982,377 -$212,406 $1,460,290
2027 $2,787,827 -$1,031,496 -$223,026 $1,533,305
2028 $2,927,218 -$1,083,071 -$234,177 $1,609,970
2029 $3,073,579 -$1,137,224 -$245,886 $1,690,468
2030 $3,227,258 -$1,194,085 -$258,181 $1,774,992
2031 $3,388,621 -$1,253,790 -$271,090 $1,863,741
2032 $3,558,052 -$1,316,479 -$284,644 $1,956,929
2033 $3,735,955 -$1,382,303 -$298,876 $2,054,775
2034 $3,922,752 -$1,451,418 -$313,820 $2,157,514
2035 $4,118,890 -$1,523,989 -$329,511 $2,265,389
2036 $4,324,834 -$1,600,189 -$345,987 $2,378,659
2037 $4,541,076 -$1,680,198 -$363,286 $2,497,592
2038 $4,768,130 -$1,764,208 -$381,450 $2,622,471
2039 $5,006,536 -$1,852,418 -$400,523 $2,753,595
2040 $5,256,863 -$1,945,039 -$420,549 $2,891,275
2041 $5,519,706 -$2,042,291 -$441,577 $3,035,839
2042 $5,795,692 -$2,144,406 -$463,655 $3,187,630
2043 $6,085,476 -$2,251,626 -$486,838 $3,347,012
2044 $6,389,750 -$2,364,208 -$511,180 $3,514,363
2045 $6,709,238 -$2,482,418 -$536,739 $3,690,081
2046 $7,044,699 -$2,606,539 -$563,576 $3,874,585
2047 $7,396,934 -$2,736,866 -$591,755 $4,068,314
2048 $7,766,781 -$2,873,709 -$621,342 $4,271,730
2049 $8,155,120 -$3,017,394 -$652,410 $4,485,316
2050 $8,562,876 -$3,168,264 -$685,030 $4,709,582
2051 $8,991,020 -$3,326,677 -$719,282 $4,945,061
2052 $9,440,571 -$3,493,011 -$755,246 $5,192,314
2053 $9,912,600 -$3,667,662 -$793,008 $5,451,930
2054 $10,408,230 -$3,851,045 -$832,658 $5,724,526
$168,000,000 -$62,160,000 -$13,440,000 $92,400,000