PowerBall

$ 47,000,000

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 $47,000,000 $21,800,000
Federal Tax (37%) -$17,390,000 -$8,066,000
State Tax (8%) -$3,760,000 -$1,744,000
Total $25,850,000 $11,990,000

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 $707,417 -$261,744 -$56,593 $389,080
2026 $742,788 -$274,832 -$59,423 $408,534
2027 $779,928 -$288,573 -$62,394 $428,960
2028 $818,924 -$303,002 -$65,514 $450,408
2029 $859,870 -$318,152 -$68,790 $472,929
2030 $902,864 -$334,060 -$72,229 $496,575
2031 $948,007 -$350,763 -$75,841 $521,404
2032 $995,407 -$368,301 -$79,633 $547,474
2033 $1,045,178 -$386,716 -$83,614 $574,848
2034 $1,097,437 -$406,052 -$87,795 $603,590
2035 $1,152,308 -$426,354 -$92,185 $633,770
2036 $1,209,924 -$447,672 -$96,794 $665,458
2037 $1,270,420 -$470,055 -$101,634 $698,731
2038 $1,333,941 -$493,558 -$106,715 $733,668
2039 $1,400,638 -$518,236 -$112,051 $770,351
2040 $1,470,670 -$544,148 -$117,654 $808,869
2041 $1,544,204 -$571,355 -$123,536 $849,312
2042 $1,621,414 -$599,923 -$129,713 $891,778
2043 $1,702,484 -$629,919 -$136,199 $936,366
2044 $1,787,609 -$661,415 -$143,009 $983,185
2045 $1,876,989 -$694,486 -$150,159 $1,032,344
2046 $1,970,839 -$729,210 -$157,667 $1,083,961
2047 $2,069,380 -$765,671 -$165,550 $1,138,159
2048 $2,172,849 -$803,954 -$173,828 $1,195,067
2049 $2,281,492 -$844,152 -$182,519 $1,254,821
2050 $2,395,567 -$886,360 -$191,645 $1,317,562
2051 $2,515,345 -$930,678 -$201,228 $1,383,440
2052 $2,641,112 -$977,211 -$211,289 $1,452,612
2053 $2,773,168 -$1,026,072 -$221,853 $1,525,242
2054 $2,911,826 -$1,077,376 -$232,946 $1,601,504
$47,000,000 -$17,390,000 -$3,760,000 $25,850,000