The jackpot for the Powerball draw on Sat Sep 6, 2025, is projected to be $1.70 Billion, with an option for a cash payout of $770.3 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 North Carolina residents, the state will deduct 4.75% from your lottery earnings.
| North Carolina Powerball Jackpot/Cash Option for Sat Sep 6, 2025 |
|---|
| Draw Date | Sat Sep 6, 2025 | | Projected Jackpot | $1,700,000,000 | | Cash Value | $770,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $770,300,000 | | Federal Tax(24%) | $184,872,000 | | Additional Federal Tax | $100,099,330 | | State Tax(4.75%) | $36,589,250 | | Net Lumpsum Payment | $448,739,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$25,586,700 |
$9,427,409
$1,215,368 |
$14,943,923 |
| 2 |
$26,866,800 |
$9,901,046
$1,276,173 |
$15,689,581 |
| 3 |
$28,209,800 |
$10,397,956
$1,339,966 |
$16,471,878 |
| 4 |
$29,620,800 |
$10,920,026
$1,406,988 |
$17,293,786 |
| 5 |
$31,101,500 |
$11,467,885
$1,477,321 |
$18,156,294 |
| 6 |
$32,657,000 |
$12,043,420
$1,551,208 |
$19,062,372 |
| 7 |
$34,289,000 |
$12,647,260
$1,628,728 |
$20,013,012 |
| 8 |
$36,004,300 |
$13,281,921
$1,710,204 |
$21,012,175 |
| 9 |
$37,804,600 |
$13,948,032
$1,795,719 |
$22,060,849 |
| 10 |
$39,695,000 |
$14,647,480
$1,885,513 |
$23,162,007 |
| 11 |
$41,678,900 |
$15,381,523
$1,979,748 |
$24,317,629 |
| 12 |
$43,763,100 |
$16,152,677
$2,078,747 |
$25,531,676 |
| 13 |
$45,951,000 |
$16,962,200
$2,182,673 |
$26,806,127 |
| 14 |
$48,249,400 |
$17,812,608
$2,291,847 |
$28,144,945 |
| 15 |
$50,661,700 |
$18,705,159
$2,406,431 |
$29,550,110 |
| 16 |
$53,194,700 |
$19,642,369
$2,526,748 |
$31,025,583 |
| 17 |
$55,853,500 |
$20,626,125
$2,653,041 |
$32,574,334 |
| 18 |
$58,646,600 |
$21,659,572
$2,785,714 |
$34,201,314 |
| 19 |
$61,579,100 |
$22,744,597
$2,925,007 |
$35,909,496 |
| 20 |
$64,657,800 |
$23,883,716
$3,071,246 |
$37,702,838 |
| 21 |
$67,891,200 |
$25,080,074
$3,224,832 |
$39,586,294 |
| 22 |
$71,286,100 |
$26,336,187
$3,386,090 |
$41,563,823 |
| 23 |
$74,849,300 |
$27,654,571
$3,555,342 |
$43,639,387 |
| 24 |
$78,592,700 |
$29,039,629
$3,733,153 |
$45,819,918 |
| 25 |
$82,521,400 |
$30,493,248
$3,919,767 |
$48,108,385 |
| 26 |
$86,649,000 |
$32,020,460
$4,115,828 |
$50,512,712 |
| 27 |
$90,980,600 |
$33,623,152
$4,321,579 |
$53,035,869 |
| 28 |
$95,529,800 |
$35,306,356
$4,537,666 |
$55,685,778 |
| 29 |
$100,306,800 |
$37,073,846
$4,764,573 |
$58,468,381 |
| 30 |
$105,321,800 |
$38,929,396
$5,002,786 |
$61,389,618 |
|
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