PowerBall

$ 288,000,000

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 $288,000,000 $130,600,000
Federal Tax (37%) -$106,560,000 -$48,322,000
State Tax (8%) -$23,040,000 -$10,448,000
Total $158,400,000 $71,830,000

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 $4,334,813 -$1,603,881 -$346,785 $2,384,147
2026 $4,551,554 -$1,684,075 -$364,124 $2,503,355
2027 $4,779,132 -$1,768,279 -$382,331 $2,628,522
2028 $5,018,088 -$1,856,693 -$401,447 $2,759,949
2029 $5,268,993 -$1,949,527 -$421,519 $2,897,946
2030 $5,532,442 -$2,047,004 -$442,595 $3,042,843
2031 $5,809,064 -$2,149,354 -$464,725 $3,194,985
2032 $6,099,518 -$2,256,822 -$487,961 $3,354,735
2033 $6,404,494 -$2,369,663 -$512,359 $3,522,471
2034 $6,724,718 -$2,488,146 -$537,977 $3,698,595
2035 $7,060,954 -$2,612,553 -$564,876 $3,883,525
2036 $7,414,002 -$2,743,181 -$593,120 $4,077,701
2037 $7,784,702 -$2,880,340 -$622,776 $4,281,586
2038 $8,173,937 -$3,024,357 -$653,915 $4,495,665
2039 $8,582,634 -$3,175,575 -$686,611 $4,720,449
2040 $9,011,766 -$3,334,353 -$720,941 $4,956,471
2041 $9,462,354 -$3,501,071 -$756,988 $5,204,295
2042 $9,935,471 -$3,676,124 -$794,838 $5,464,509
2043 $10,432,245 -$3,859,931 -$834,580 $5,737,735
2044 $10,953,857 -$4,052,927 -$876,309 $6,024,622
2045 $11,501,550 -$4,255,574 -$920,124 $6,325,853
2046 $12,076,628 -$4,468,352 -$966,130 $6,642,145
2047 $12,680,459 -$4,691,770 -$1,014,437 $6,974,252
2048 $13,314,482 -$4,926,358 -$1,065,159 $7,322,965
2049 $13,980,206 -$5,172,676 -$1,118,416 $7,689,113
2050 $14,679,216 -$5,431,310 -$1,174,337 $8,073,569
2051 $15,413,177 -$5,702,876 -$1,233,054 $8,477,247
2052 $16,183,836 -$5,988,019 -$1,294,707 $8,901,110
2053 $16,993,028 -$6,287,420 -$1,359,442 $9,346,165
2054 $17,842,679 -$6,601,791 -$1,427,414 $9,813,474
$288,000,000 -$106,560,000 -$23,040,000 $158,400,000