Jackpot Analysis Georgia Powerball

Jackpot Analysis for Georgia Powerball
The jackpot for the Powerball draw on Mon Oct 20, 2025, is projected to be $304 Million, with an option for a cash payout of $144.6 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 Mon Oct 20, 2025
Draw DateMon Oct 20, 2025
Projected Jackpot$304,000,000
Cash Value$144,600,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$144,600,000
Federal Tax(24%)$34,704,000
Additional Federal Tax$18,758,330
State Tax(5.75%)$8,314,500
Net Lumpsum Payment$82,823,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $4,575,504 $1,653,267
$263,091
$2,659,146
2 $4,804,416 $1,737,964
$276,254
$2,790,198
3 $5,044,576 $1,826,824
$290,063
$2,927,689
4 $5,296,896 $1,920,182
$304,572
$3,072,142
5 $5,561,680 $2,018,152
$319,797
$3,223,731
6 $5,839,840 $2,121,071
$335,791
$3,382,978
7 $6,131,680 $2,229,052
$352,572
$3,550,056
8 $6,438,416 $2,342,544
$370,209
$3,725,663
9 $6,760,352 $2,461,661
$388,720
$3,909,971
10 $7,098,400 $2,586,738
$408,158
$4,103,504
11 $7,453,168 $2,718,003
$428,557
$4,306,608
12 $7,825,872 $2,855,903
$449,988
$4,519,981
13 $8,217,120 $3,000,665
$472,484
$4,743,971
14 $8,628,128 $3,152,738
$496,117
$4,979,273
15 $9,059,504 $3,312,347
$520,921
$5,226,236
16 $9,512,464 $3,479,942
$546,967
$5,485,555
17 $9,987,920 $3,655,861
$574,305
$5,757,754
18 $10,487,392 $3,840,665
$603,025
$6,043,702
19 $11,011,792 $4,034,693
$633,178
$6,343,921
20 $11,562,336 $4,238,395
$664,834
$6,659,107
21 $12,140,544 $4,452,332
$698,081
$6,990,131
22 $12,747,632 $4,676,954
$732,989
$7,337,689
23 $13,384,816 $4,912,712
$769,627
$7,702,477
24 $14,054,224 $5,160,393
$808,118
$8,085,713
25 $14,756,768 $5,420,335
$848,514
$8,487,919
26 $15,494,880 $5,693,436
$890,956
$8,910,488
27 $16,269,472 $5,980,035
$935,495
$9,353,942
28 $17,082,976 $6,281,032
$982,271
$9,819,673
29 $17,937,216 $6,597,100
$1,031,390
$10,308,726
30 $18,834,016 $6,928,916
$1,082,956
$10,822,144