Jackpot Analysis Louisiana Powerball

Jackpot Analysis for Louisiana Powerball
The jackpot for the Powerball draw on Sat Jun 21, 2025, is projected to be $118 Million, with an option for a cash payout of $53.4 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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.

Louisiana Powerball Jackpot/Cash Option for Sat Jun 21, 2025
Draw DateSat Jun 21, 2025
Projected Jackpot$118,000,000
Cash Value$53,400,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$53,400,000
Federal Tax(24%)$12,816,000
Additional Federal Tax$6,902,330
State Tax(4.75%)$2,536,500
Net Lumpsum Payment$31,145,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $1,776,018 $617,457
$84,361
$1,074,200
2 $1,864,872 $650,333
$88,581
$1,125,958
3 $1,958,092 $684,824
$93,009
$1,180,259
4 $2,056,032 $721,062
$97,662
$1,237,308
5 $2,158,810 $759,090
$102,543
$1,297,177
6 $2,266,780 $799,039
$107,672
$1,360,069
7 $2,380,060 $840,953
$113,053
$1,426,054
8 $2,499,122 $885,006
$118,708
$1,495,408
9 $2,624,084 $931,241
$124,644
$1,568,199
10 $2,755,300 $979,791
$130,877
$1,644,632
11 $2,893,006 $1,030,743
$137,418
$1,724,845
12 $3,037,674 $1,084,270
$144,290
$1,809,114
13 $3,189,540 $1,140,460
$151,503
$1,897,577
14 $3,349,076 $1,199,489
$159,081
$1,990,506
15 $3,516,518 $1,261,442
$167,035
$2,088,041
16 $3,692,338 $1,326,495
$175,386
$2,190,457
17 $3,876,890 $1,394,780
$184,152
$2,297,958
18 $4,070,764 $1,466,513
$193,361
$2,410,890
19 $4,274,314 $1,541,827
$203,030
$2,529,457
20 $4,488,012 $1,620,895
$213,181
$2,653,936
21 $4,712,448 $1,703,936
$223,841
$2,784,671
22 $4,948,094 $1,791,125
$235,034
$2,921,935
23 $5,195,422 $1,882,637
$246,783
$3,066,002
24 $5,455,258 $1,978,776
$259,125
$3,217,357
25 $5,727,956 $2,079,674
$272,078
$3,376,204
26 $6,014,460 $2,185,681
$285,687
$3,543,092
27 $6,315,124 $2,296,926
$299,968
$3,718,230
28 $6,630,892 $2,413,760
$314,967
$3,902,165
29 $6,962,472 $2,536,445
$330,717
$4,095,310
30 $7,310,572 $2,665,242
$347,252
$4,298,078