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 | $400,000,000 | $190,700,000 |
| Federal Tax (37%) | -$148,000,000 | -$70,559,000 |
| State Tax (8%) | -$32,000,000 | -$15,256,000 |
| Total | $220,000,000 | $104,885,000 |
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 | $6,020,574 | -$2,227,612 | -$481,646 | $3,311,316 |
| 2026 | $6,321,603 | -$2,338,993 | -$505,728 | $3,476,882 |
| 2027 | $6,637,683 | -$2,455,943 | -$531,015 | $3,650,726 |
| 2028 | $6,969,567 | -$2,578,740 | -$557,565 | $3,833,262 |
| 2029 | $7,318,045 | -$2,707,677 | -$585,444 | $4,024,925 |
| 2030 | $7,683,948 | -$2,843,061 | -$614,716 | $4,226,171 |
| 2031 | $8,068,145 | -$2,985,214 | -$645,452 | $4,437,480 |
| 2032 | $8,471,552 | -$3,134,474 | -$677,724 | $4,659,354 |
| 2033 | $8,895,130 | -$3,291,198 | -$711,610 | $4,892,321 |
| 2034 | $9,339,886 | -$3,455,758 | -$747,191 | $5,136,938 |
| 2035 | $9,806,881 | -$3,628,546 | -$784,550 | $5,393,784 |
| 2036 | $10,297,225 | -$3,809,973 | -$823,778 | $5,663,474 |
| 2037 | $10,812,086 | -$4,000,472 | -$864,967 | $5,946,647 |
| 2038 | $11,352,690 | -$4,200,495 | -$908,215 | $6,243,980 |
| 2039 | $11,920,325 | -$4,410,520 | -$953,626 | $6,556,179 |
| 2040 | $12,516,341 | -$4,631,046 | -$1,001,307 | $6,883,988 |
| 2041 | $13,142,158 | -$4,862,598 | -$1,051,373 | $7,228,187 |
| 2042 | $13,799,266 | -$5,105,728 | -$1,103,941 | $7,589,596 |
| 2043 | $14,489,229 | -$5,361,015 | -$1,159,138 | $7,969,076 |
| 2044 | $15,213,691 | -$5,629,066 | -$1,217,095 | $8,367,530 |
| 2045 | $15,974,375 | -$5,910,519 | -$1,277,950 | $8,785,906 |
| 2046 | $16,773,094 | -$6,206,045 | -$1,341,848 | $9,225,202 |
| 2047 | $17,611,749 | -$6,516,347 | -$1,408,940 | $9,686,462 |
| 2048 | $18,492,336 | -$6,842,164 | -$1,479,387 | $10,170,785 |
| 2049 | $19,416,953 | -$7,184,273 | -$1,553,356 | $10,679,324 |
| 2050 | $20,387,801 | -$7,543,486 | -$1,631,024 | $11,213,290 |
| 2051 | $21,407,191 | -$7,920,661 | -$1,712,575 | $11,773,955 |
| 2052 | $22,477,550 | -$8,316,694 | -$1,798,204 | $12,362,653 |
| 2053 | $23,601,428 | -$8,732,528 | -$1,888,114 | $12,980,785 |
| 2054 | $24,781,499 | -$9,169,155 | -$1,982,520 | $13,629,824 |
| $400,000,000 | -$148,000,000 | -$32,000,000 | $220,000,000 |