The jackpot for the Powerball draw on Wed Sep 17, 2025, is projected to be $81 Million, with an option for a cash payout of $37.9 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Georgia residents, the state will deduct 5.75% from your lottery earnings.
| Georgia Powerball Jackpot/Cash Option for Wed Sep 17, 2025 |
|---|
| Draw Date | Wed Sep 17, 2025 | | Projected Jackpot | $81,000,000 | | Cash Value | $37,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $37,900,000 | | Federal Tax(24%) | $9,096,000 | | Additional Federal Tax | $4,887,330 | | State Tax(5.75%) | $2,179,250 | | Net Lumpsum Payment | $21,737,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,219,131 |
$411,409
$70,100 |
$737,622 |
| 2 |
$1,280,124 |
$433,976
$73,607 |
$772,541 |
| 3 |
$1,344,114 |
$457,653
$77,287 |
$809,174 |
| 4 |
$1,411,344 |
$482,528
$81,152 |
$847,664 |
| 5 |
$1,481,895 |
$508,632
$85,209 |
$888,054 |
| 6 |
$1,556,010 |
$536,054
$89,471 |
$930,485 |
| 7 |
$1,633,770 |
$564,825
$93,942 |
$975,003 |
| 8 |
$1,715,499 |
$595,065
$98,641 |
$1,021,793 |
| 9 |
$1,801,278 |
$626,803
$103,573 |
$1,070,902 |
| 10 |
$1,891,350 |
$660,130
$108,753 |
$1,122,467 |
| 11 |
$1,985,877 |
$695,105
$114,188 |
$1,176,584 |
| 12 |
$2,085,183 |
$731,848
$119,898 |
$1,233,437 |
| 13 |
$2,189,430 |
$770,419
$125,892 |
$1,293,119 |
| 14 |
$2,298,942 |
$810,939
$132,189 |
$1,355,814 |
| 15 |
$2,413,881 |
$853,466
$138,798 |
$1,421,617 |
| 16 |
$2,534,571 |
$898,122
$145,738 |
$1,490,711 |
| 17 |
$2,661,255 |
$944,995
$153,022 |
$1,563,238 |
| 18 |
$2,794,338 |
$994,235
$160,674 |
$1,639,429 |
| 19 |
$2,934,063 |
$1,045,934
$168,709 |
$1,719,420 |
| 20 |
$3,080,754 |
$1,100,209
$177,143 |
$1,803,402 |
| 21 |
$3,234,816 |
$1,157,212
$186,002 |
$1,891,602 |
| 22 |
$3,396,573 |
$1,217,062
$195,303 |
$1,984,208 |
| 23 |
$3,566,349 |
$1,279,880
$205,065 |
$2,081,404 |
| 24 |
$3,744,711 |
$1,345,873
$215,321 |
$2,183,517 |
| 25 |
$3,931,902 |
$1,415,134
$226,084 |
$2,290,684 |
| 26 |
$4,128,570 |
$1,487,901
$237,393 |
$2,403,276 |
| 27 |
$4,334,958 |
$1,564,265
$249,260 |
$2,521,433 |
| 28 |
$4,551,714 |
$1,644,465
$261,724 |
$2,645,525 |
| 29 |
$4,779,324 |
$1,728,680
$274,811 |
$2,775,833 |
| 30 |
$5,018,274 |
$1,817,092
$288,551 |
$2,912,631 |
|
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