PowerBall

$ 100,000,000

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Fresh
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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 $100,000,000 $0
Federal Tax (37%) -$37,000,000 -$0
State Tax (8%) -$8,000,000 -$0
Total $55,000,000 $0

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
2023 $1,505,144 -$556,903 -$120,411 $827,829
2024 $1,580,401 -$584,748 -$126,432 $869,220
2025 $1,659,421 -$613,986 -$132,754 $912,681
2026 $1,742,392 -$644,685 -$139,391 $958,315
2027 $1,829,511 -$676,919 -$146,361 $1,006,231
2028 $1,920,987 -$710,765 -$153,679 $1,056,543
2029 $2,017,036 -$746,303 -$161,363 $1,109,370
2030 $2,117,888 -$783,619 -$169,431 $1,164,838
2031 $2,223,782 -$822,800 -$177,903 $1,223,080
2032 $2,334,972 -$863,939 -$186,798 $1,284,234
2033 $2,451,720 -$907,136 -$196,138 $1,348,446
2034 $2,574,306 -$952,493 -$205,944 $1,415,868
2035 $2,703,021 -$1,000,118 -$216,242 $1,486,662
2036 $2,838,173 -$1,050,124 -$227,054 $1,560,995
2037 $2,980,081 -$1,102,630 -$238,406 $1,639,045
2038 $3,129,085 -$1,157,762 -$250,327 $1,720,997
2039 $3,285,540 -$1,215,650 -$262,843 $1,807,047
2040 $3,449,816 -$1,276,432 -$275,985 $1,897,399
2041 $3,622,307 -$1,340,254 -$289,785 $1,992,269
2042 $3,803,423 -$1,407,266 -$304,274 $2,091,882
2043 $3,993,594 -$1,477,630 -$319,488 $2,196,477
2044 $4,193,274 -$1,551,511 -$335,462 $2,306,300
2045 $4,402,937 -$1,629,087 -$352,235 $2,421,615
2046 $4,623,084 -$1,710,541 -$369,847 $2,542,696
2047 $4,854,238 -$1,796,068 -$388,339 $2,669,831
2048 $5,096,950 -$1,885,872 -$407,756 $2,803,323
2049 $5,351,798 -$1,980,165 -$428,144 $2,943,489
2050 $5,619,388 -$2,079,173 -$449,551 $3,090,663
2051 $5,900,357 -$2,183,132 -$472,029 $3,245,196
2052 $6,195,375 -$2,292,289 -$495,630 $3,407,456
$100,000,000 -$37,000,000 -$8,000,000 $55,000,000