PowerBall

$ 30,000,000

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 $30,000,000 $13,900,000
Federal Tax (37%) -$11,100,000 -$5,143,000
State Tax (8%) -$2,400,000 -$1,112,000
Total $16,500,000 $7,645,000

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 $451,543 -$167,071 -$36,123 $248,349
2026 $474,120 -$175,424 -$37,930 $260,766
2027 $497,826 -$184,196 -$39,826 $273,804
2028 $522,718 -$193,405 -$41,817 $287,495
2029 $548,853 -$203,076 -$43,908 $301,869
2030 $576,296 -$213,230 -$46,104 $316,963
2031 $605,111 -$223,891 -$48,409 $332,811
2032 $635,366 -$235,086 -$50,829 $349,452
2033 $667,135 -$246,840 -$53,371 $366,924
2034 $700,491 -$259,182 -$56,039 $385,270
2035 $735,516 -$272,141 -$58,841 $404,534
2036 $772,292 -$285,748 -$61,783 $424,761
2037 $810,906 -$300,035 -$64,873 $445,999
2038 $851,452 -$315,037 -$68,116 $468,298
2039 $894,024 -$330,789 -$71,522 $491,713
2040 $938,726 -$347,328 -$75,098 $516,299
2041 $985,662 -$364,695 -$78,853 $542,114
2042 $1,034,945 -$382,930 -$82,796 $569,220
2043 $1,086,692 -$402,076 -$86,935 $597,681
2044 $1,141,027 -$422,180 -$91,282 $627,565
2045 $1,198,078 -$443,289 -$95,846 $658,943
2046 $1,257,982 -$465,453 -$100,639 $691,890
2047 $1,320,881 -$488,726 -$105,670 $726,485
2048 $1,386,925 -$513,162 -$110,954 $762,809
2049 $1,456,271 -$538,820 -$116,502 $800,949
2050 $1,529,085 -$565,761 -$122,327 $840,997
2051 $1,605,539 -$594,050 -$128,443 $883,047
2052 $1,685,816 -$623,752 -$134,865 $927,199
2053 $1,770,107 -$654,940 -$141,609 $973,559
2054 $1,858,612 -$687,687 -$148,689 $1,022,237
$30,000,000 -$11,100,000 -$2,400,000 $16,500,000