The jackpot for the Powerball draw on Wed Sep 3, 2025, is projected to be $1.30 Billion, with an option for a cash payout of $589 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 those living in Puerto Rico, the bright side is you won't have to pay any state taxes on your lottery prize.
| Puerto Rico Powerball Jackpot/Cash Option for Wed Sep 3, 2025 |
|---|
| Draw Date | Wed Sep 3, 2025 | | Projected Jackpot | $1,300,000,000 | | Cash Value | $589,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $589,000,000 | | Federal Tax(24%) | $141,360,000 | | Additional Federal Tax | $76,530,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $371,109,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$19,566,300 |
$7,199,861
$0 |
$12,366,439 |
| 2 |
$20,545,200 |
$7,562,054
$0 |
$12,983,146 |
| 3 |
$21,572,200 |
$7,942,044
$0 |
$13,630,156 |
| 4 |
$22,651,200 |
$8,341,274
$0 |
$14,309,926 |
| 5 |
$23,783,500 |
$8,760,225
$0 |
$15,023,275 |
| 6 |
$24,973,000 |
$9,200,340
$0 |
$15,772,660 |
| 7 |
$26,221,000 |
$9,662,100
$0 |
$16,558,900 |
| 8 |
$27,532,700 |
$10,147,429
$0 |
$17,385,271 |
| 9 |
$28,909,400 |
$10,656,808
$0 |
$18,252,592 |
| 10 |
$30,355,000 |
$11,191,680
$0 |
$19,163,320 |
| 11 |
$31,872,100 |
$11,753,007
$0 |
$20,119,093 |
| 12 |
$33,465,900 |
$12,342,713
$0 |
$21,123,187 |
| 13 |
$35,139,000 |
$12,961,760
$0 |
$22,177,240 |
| 14 |
$36,896,600 |
$13,612,072
$0 |
$23,284,528 |
| 15 |
$38,741,300 |
$14,294,611
$0 |
$24,446,689 |
| 16 |
$40,678,300 |
$15,011,301
$0 |
$25,666,999 |
| 17 |
$42,711,500 |
$15,763,585
$0 |
$26,947,915 |
| 18 |
$44,847,400 |
$16,553,868
$0 |
$28,293,532 |
| 19 |
$47,089,900 |
$17,383,593
$0 |
$29,706,307 |
| 20 |
$49,444,200 |
$18,254,684
$0 |
$31,189,516 |
| 21 |
$51,916,800 |
$19,169,546
$0 |
$32,747,254 |
| 22 |
$54,512,900 |
$20,130,103
$0 |
$34,382,797 |
| 23 |
$57,237,700 |
$21,138,279
$0 |
$36,099,421 |
| 24 |
$60,100,300 |
$22,197,441
$0 |
$37,902,859 |
| 25 |
$63,104,600 |
$23,309,032
$0 |
$39,795,568 |
| 26 |
$66,261,000 |
$24,476,900
$0 |
$41,784,100 |
| 27 |
$69,573,400 |
$25,702,488
$0 |
$43,870,912 |
| 28 |
$73,052,200 |
$26,989,644
$0 |
$46,062,556 |
| 29 |
$76,705,200 |
$28,341,254
$0 |
$48,363,946 |
| 30 |
$80,540,200 |
$29,760,204
$0 |
$50,779,996 |
|
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