Jackpot Analysis Puerto Rico Powerball

Jackpot Analysis for Puerto Rico Powerball
The jackpot for the Powerball draw on Mon Jul 7, 2025, is projected to be $203 Million, with an option for a cash payout of $92.5 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 Mon Jul 7, 2025
Draw DateMon Jul 7, 2025
Projected Jackpot$203,000,000
Cash Value$92,500,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$92,500,000
Federal Tax(24%)$22,200,000
Additional Federal Tax$11,985,330
State Tax(0%)$0
Net Lumpsum Payment$58,314,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,055,353 $1,090,811
$0
$1,964,542
2 $3,208,212 $1,147,369
$0
$2,060,843
3 $3,368,582 $1,206,706
$0
$2,161,876
4 $3,537,072 $1,269,047
$0
$2,268,025
5 $3,713,885 $1,334,468
$0
$2,379,417
6 $3,899,630 $1,403,193
$0
$2,496,437
7 $4,094,510 $1,475,299
$0
$2,619,211
8 $4,299,337 $1,551,085
$0
$2,748,252
9 $4,514,314 $1,630,627
$0
$2,883,687
10 $4,740,050 $1,714,149
$0
$3,025,901
11 $4,976,951 $1,801,802
$0
$3,175,149
12 $5,225,829 $1,893,887
$0
$3,331,942
13 $5,487,090 $1,990,554
$0
$3,496,536
14 $5,761,546 $2,092,102
$0
$3,669,444
15 $6,049,603 $2,198,683
$0
$3,850,920
16 $6,352,073 $2,310,597
$0
$4,041,476
17 $6,669,565 $2,428,069
$0
$4,241,496
18 $7,003,094 $2,551,475
$0
$4,451,619
19 $7,353,269 $2,681,040
$0
$4,672,229
20 $7,720,902 $2,817,064
$0
$4,903,838
21 $8,107,008 $2,959,923
$0
$5,147,085
22 $8,512,399 $3,109,918
$0
$5,402,481
23 $8,937,887 $3,267,349
$0
$5,670,538
24 $9,384,893 $3,432,741
$0
$5,952,152
25 $9,854,026 $3,606,320
$0
$6,247,706
26 $10,346,910 $3,788,687
$0
$6,558,223
27 $10,864,154 $3,980,067
$0
$6,884,087
28 $11,407,382 $4,181,062
$0
$7,226,320
29 $11,977,812 $4,392,121
$0
$7,585,691
30 $12,576,662 $4,613,695
$0
$7,962,967