The jackpot for the Powerball draw on Mon Nov 3, 2025, is projected to be $419 Million, with an option for a cash payout of $198 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 Mon Nov 3, 2025 |
|---|
| Draw Date | Mon Nov 3, 2025 | | Projected Jackpot | $419,000,000 | | Cash Value | $198,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $198,000,000 | | Federal Tax(24%) | $47,520,000 | | Additional Federal Tax | $25,700,330 | | State Tax(5.75%) | $11,385,000 | | Net Lumpsum Payment | $113,394,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,306,369 |
$2,293,687
$362,616 |
$3,650,066 |
| 2 |
$6,621,876 |
$2,410,425
$380,758 |
$3,830,693 |
| 3 |
$6,952,886 |
$2,532,898
$399,791 |
$4,020,197 |
| 4 |
$7,300,656 |
$2,661,573
$419,788 |
$4,219,295 |
| 5 |
$7,665,605 |
$2,796,604
$440,772 |
$4,428,229 |
| 6 |
$8,048,990 |
$2,938,457
$462,817 |
$4,647,716 |
| 7 |
$8,451,230 |
$3,087,285
$485,946 |
$4,877,999 |
| 8 |
$8,874,001 |
$3,243,711
$510,255 |
$5,120,035 |
| 9 |
$9,317,722 |
$3,407,888
$535,769 |
$5,374,065 |
| 10 |
$9,783,650 |
$3,580,281
$562,560 |
$5,640,809 |
| 11 |
$10,272,623 |
$3,761,201
$590,676 |
$5,920,746 |
| 12 |
$10,786,317 |
$3,951,268
$620,213 |
$6,214,836 |
| 13 |
$11,325,570 |
$4,150,791
$651,220 |
$6,523,559 |
| 14 |
$11,892,058 |
$4,360,392
$683,793 |
$6,847,873 |
| 15 |
$12,486,619 |
$4,580,379
$717,981 |
$7,188,259 |
| 16 |
$13,110,929 |
$4,811,374
$753,878 |
$7,545,677 |
| 17 |
$13,766,245 |
$5,053,841
$791,559 |
$7,920,845 |
| 18 |
$14,454,662 |
$5,308,555
$831,143 |
$8,314,964 |
| 19 |
$15,177,437 |
$5,575,982
$872,703 |
$8,728,752 |
| 20 |
$15,936,246 |
$5,856,741
$916,334 |
$9,163,171 |
| 21 |
$16,733,184 |
$6,151,608
$962,158 |
$9,619,418 |
| 22 |
$17,569,927 |
$6,461,203
$1,010,271 |
$10,098,453 |
| 23 |
$18,448,151 |
$6,786,146
$1,060,769 |
$10,601,236 |
| 24 |
$19,370,789 |
$7,127,522
$1,113,820 |
$11,129,447 |
| 25 |
$20,339,098 |
$7,485,797
$1,169,498 |
$11,683,803 |
| 26 |
$21,356,430 |
$7,862,209
$1,227,995 |
$12,266,226 |
| 27 |
$22,424,042 |
$8,257,226
$1,289,382 |
$12,877,434 |
| 28 |
$23,545,286 |
$8,672,086
$1,353,854 |
$13,519,346 |
| 29 |
$24,722,676 |
$9,107,721
$1,421,554 |
$14,193,401 |
| 30 |
$25,958,726 |
$9,565,059
$1,492,627 |
$14,901,040 |
|
|
