The jackpot for the Powerball draw on Wed Sep 17, 2025, is projected to be $81 Million, with an option for a cash payout of $37.9 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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana Powerball Jackpot/Cash Option for Wed Sep 17, 2025 |
|---|
| Draw Date | Wed Sep 17, 2025 | | Projected Jackpot | $81,000,000 | | Cash Value | $37,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $37,900,000 | | Federal Tax(24%) | $9,096,000 | | Additional Federal Tax | $4,887,330 | | State Tax(4.75%) | $1,800,250 | | Net Lumpsum Payment | $22,116,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,219,131 |
$411,409
$57,909 |
$749,813 |
| 2 |
$1,280,124 |
$433,976
$60,806 |
$785,342 |
| 3 |
$1,344,114 |
$457,653
$63,845 |
$822,616 |
| 4 |
$1,411,344 |
$482,528
$67,039 |
$861,777 |
| 5 |
$1,481,895 |
$508,632
$70,390 |
$902,873 |
| 6 |
$1,556,010 |
$536,054
$73,910 |
$946,046 |
| 7 |
$1,633,770 |
$564,825
$77,604 |
$991,341 |
| 8 |
$1,715,499 |
$595,065
$81,486 |
$1,038,948 |
| 9 |
$1,801,278 |
$626,803
$85,561 |
$1,088,914 |
| 10 |
$1,891,350 |
$660,130
$89,839 |
$1,141,381 |
| 11 |
$1,985,877 |
$695,105
$94,329 |
$1,196,443 |
| 12 |
$2,085,183 |
$731,848
$99,046 |
$1,254,289 |
| 13 |
$2,189,430 |
$770,419
$103,998 |
$1,315,013 |
| 14 |
$2,298,942 |
$810,939
$109,200 |
$1,378,803 |
| 15 |
$2,413,881 |
$853,466
$114,659 |
$1,445,756 |
| 16 |
$2,534,571 |
$898,122
$120,392 |
$1,516,057 |
| 17 |
$2,661,255 |
$944,995
$126,410 |
$1,589,850 |
| 18 |
$2,794,338 |
$994,235
$132,731 |
$1,667,372 |
| 19 |
$2,934,063 |
$1,045,934
$139,368 |
$1,748,761 |
| 20 |
$3,080,754 |
$1,100,209
$146,336 |
$1,834,209 |
| 21 |
$3,234,816 |
$1,157,212
$153,654 |
$1,923,950 |
| 22 |
$3,396,573 |
$1,217,062
$161,337 |
$2,018,174 |
| 23 |
$3,566,349 |
$1,279,880
$169,402 |
$2,117,067 |
| 24 |
$3,744,711 |
$1,345,873
$177,874 |
$2,220,964 |
| 25 |
$3,931,902 |
$1,415,134
$186,765 |
$2,330,003 |
| 26 |
$4,128,570 |
$1,487,901
$196,107 |
$2,444,562 |
| 27 |
$4,334,958 |
$1,564,265
$205,911 |
$2,564,782 |
| 28 |
$4,551,714 |
$1,644,465
$216,206 |
$2,691,043 |
| 29 |
$4,779,324 |
$1,728,680
$227,018 |
$2,823,626 |
| 30 |
$5,018,274 |
$1,817,092
$238,368 |
$2,962,814 |
|
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