Jackpot Analysis Arizona Powerball

Jackpot Analysis for Arizona Powerball
The jackpot for the Powerball draw on Mon Jul 14, 2025, is projected to be $248 Million, with an option for a cash payout of $112.4 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 Arizona residents, the state will deduct 2.5% from your lottery earnings.

Arizona Powerball Jackpot/Cash Option for Mon Jul 14, 2025
Draw DateMon Jul 14, 2025
Projected Jackpot$248,000,000
Cash Value$112,400,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$112,400,000
Federal Tax(24%)$26,976,000
Additional Federal Tax$14,572,330
State Tax(2.5%)$2,810,000
Net Lumpsum Payment$68,041,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,732,648 $1,341,410
$93,316
$2,297,922
2 $3,919,392 $1,410,505
$97,985
$2,410,902
3 $4,115,312 $1,482,996
$102,883
$2,529,433
4 $4,321,152 $1,559,157
$108,029
$2,653,966
5 $4,537,160 $1,639,080
$113,429
$2,784,651
6 $4,764,080 $1,723,040
$119,102
$2,921,938
7 $5,002,160 $1,811,130
$125,054
$3,065,976
8 $5,252,392 $1,903,715
$131,310
$3,217,367
9 $5,515,024 $2,000,889
$137,876
$3,376,259
10 $5,790,800 $2,102,926
$144,770
$3,543,104
11 $6,080,216 $2,210,010
$152,005
$3,718,201
12 $6,384,264 $2,322,508
$159,607
$3,902,149
13 $6,703,440 $2,440,603
$167,586
$4,095,251
14 $7,038,736 $2,564,663
$175,968
$4,298,105
15 $7,390,648 $2,694,870
$184,766
$4,511,012
16 $7,760,168 $2,831,593
$194,004
$4,734,571
17 $8,148,040 $2,975,105
$203,701
$4,969,234
18 $8,555,504 $3,125,867
$213,888
$5,215,749
19 $8,983,304 $3,284,153
$224,583
$5,474,568
20 $9,432,432 $3,450,330
$235,811
$5,746,291
21 $9,904,128 $3,624,858
$247,603
$6,031,667
22 $10,399,384 $3,808,102
$259,985
$6,331,297
23 $10,919,192 $4,000,431
$272,980
$6,645,781
24 $11,465,288 $4,202,487
$286,632
$6,976,169
25 $12,038,416 $4,414,544
$300,960
$7,322,912
26 $12,640,560 $4,637,338
$316,014
$7,687,208
27 $13,272,464 $4,871,142
$331,812
$8,069,510
28 $13,936,112 $5,116,692
$348,403
$8,471,017
29 $14,632,992 $5,374,537
$365,825
$8,892,630
30 $15,364,592 $5,645,229
$384,115
$9,335,248