Jackpot Analysis Georgia Powerball

Jackpot Analysis for Georgia Powerball
The jackpot for the Powerball draw on Wed Jul 9, 2025, is projected to be $216 Million, with an option for a cash payout of $98.4 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 Jul 9, 2025
Draw DateWed Jul 9, 2025
Projected Jackpot$216,000,000
Cash Value$98,400,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$98,400,000
Federal Tax(24%)$23,616,000
Additional Federal Tax$12,752,330
State Tax(5.75%)$5,658,000
Net Lumpsum Payment$56,373,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,251,016 $1,163,206
$186,933
$1,900,877
2 $3,413,664 $1,223,386
$196,286
$1,993,992
3 $3,584,304 $1,286,523
$206,097
$2,091,684
4 $3,763,584 $1,352,856
$216,406
$2,194,322
5 $3,951,720 $1,422,467
$227,224
$2,302,029
6 $4,149,360 $1,495,594
$238,588
$2,415,178
7 $4,356,720 $1,572,317
$250,511
$2,533,892
8 $4,574,664 $1,652,956
$263,043
$2,658,665
9 $4,803,408 $1,737,591
$276,196
$2,789,621
10 $5,043,600 $1,826,462
$290,007
$2,927,131
11 $5,295,672 $1,919,729
$304,501
$3,071,442
12 $5,560,488 $2,017,711
$319,728
$3,223,049
13 $5,838,480 $2,120,568
$335,713
$3,382,199
14 $6,130,512 $2,228,620
$352,504
$3,549,388
15 $6,437,016 $2,342,026
$370,128
$3,724,862
16 $6,758,856 $2,461,107
$388,634
$3,909,115
17 $7,096,680 $2,586,102
$408,059
$4,102,519
18 $7,451,568 $2,717,411
$428,465
$4,305,692
19 $7,824,168 $2,855,273
$449,890
$4,519,005
20 $8,215,344 $3,000,008
$472,382
$4,742,954
21 $8,626,176 $3,152,016
$496,005
$4,978,155
22 $9,057,528 $3,311,616
$520,808
$5,225,104
23 $9,510,264 $3,479,128
$546,840
$5,484,296
24 $9,985,896 $3,655,112
$574,189
$5,756,595
25 $10,485,072 $3,839,807
$602,892
$6,042,373
26 $11,009,520 $4,033,853
$633,047
$6,342,620
27 $11,559,888 $4,237,489
$664,694
$6,657,705
28 $12,137,904 $4,451,355
$697,929
$6,988,620
29 $12,744,864 $4,675,930
$732,830
$7,336,104
30 $13,382,064 $4,911,694
$769,469
$7,700,901