The jackpot for the Powerball draw on Mon Dec 1, 2025, is projected to be $740 Million, with an option for a cash payout of $346.1 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 Dec 1, 2025 |
|---|
| Draw Date | Mon Dec 1, 2025 | | Projected Jackpot | $740,000,000 | | Cash Value | $346,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $346,100,000 | | Federal Tax(24%) | $83,064,000 | | Additional Federal Tax | $44,953,330 | | State Tax(5.75%) | $19,900,750 | | Net Lumpsum Payment | $198,181,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$11,137,740 |
$4,081,294
$640,420 |
$6,416,026 |
| 2 |
$11,694,960 |
$4,287,466
$672,460 |
$6,735,034 |
| 3 |
$12,279,560 |
$4,503,768
$706,075 |
$7,069,717 |
| 4 |
$12,893,760 |
$4,731,022
$741,391 |
$7,421,347 |
| 5 |
$13,538,300 |
$4,969,501
$778,452 |
$7,790,347 |
| 6 |
$14,215,400 |
$5,220,028
$817,386 |
$8,177,986 |
| 7 |
$14,925,800 |
$5,482,876
$858,234 |
$8,584,690 |
| 8 |
$15,672,460 |
$5,759,141
$901,166 |
$9,012,153 |
| 9 |
$16,456,120 |
$6,049,095
$946,227 |
$9,460,798 |
| 10 |
$17,279,000 |
$6,353,560
$993,543 |
$9,931,897 |
| 11 |
$18,142,580 |
$6,673,085
$1,043,198 |
$10,426,297 |
| 12 |
$19,049,820 |
$7,008,764
$1,095,365 |
$10,945,691 |
| 13 |
$20,002,200 |
$7,361,144
$1,150,127 |
$11,490,929 |
| 14 |
$21,002,680 |
$7,731,322
$1,207,654 |
$12,063,704 |
| 15 |
$22,052,740 |
$8,119,844
$1,268,033 |
$12,664,863 |
| 16 |
$23,155,340 |
$8,527,806
$1,331,432 |
$13,296,102 |
| 17 |
$24,312,700 |
$8,956,029
$1,397,980 |
$13,958,691 |
| 18 |
$25,528,520 |
$9,405,883
$1,467,890 |
$14,654,747 |
| 19 |
$26,805,020 |
$9,878,188
$1,541,289 |
$15,385,543 |
| 20 |
$28,145,160 |
$10,374,040
$1,618,347 |
$16,152,773 |
| 21 |
$29,552,640 |
$10,894,807
$1,699,277 |
$16,958,556 |
| 22 |
$31,030,420 |
$11,441,586
$1,784,249 |
$17,804,585 |
| 23 |
$32,581,460 |
$12,015,471
$1,873,434 |
$18,692,555 |
| 24 |
$34,210,940 |
$12,618,378
$1,967,129 |
$19,625,433 |
| 25 |
$35,921,080 |
$13,251,130
$2,065,462 |
$20,604,488 |
| 26 |
$37,717,800 |
$13,915,916
$2,168,774 |
$21,633,110 |
| 27 |
$39,603,320 |
$14,613,559
$2,277,191 |
$22,712,570 |
| 28 |
$41,583,560 |
$15,346,248
$2,391,055 |
$23,846,257 |
| 29 |
$43,662,960 |
$16,115,626
$2,510,620 |
$25,036,714 |
| 30 |
$45,845,960 |
$16,923,336
$2,636,143 |
$26,286,481 |
|
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