Jackpot Analysis Pennsylvania Powerball

Jackpot Analysis for Pennsylvania Powerball
The jackpot for the Powerball draw on Wed Jul 2, 2025, is projected to be $174 Million, with an option for a cash payout of $79.7 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.

Pennsylvania Powerball Jackpot/Cash Option for Wed Jul 2, 2025
Draw DateWed Jul 2, 2025
Projected Jackpot$174,000,000
Cash Value$79,700,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$79,700,000
Federal Tax(24%)$19,128,000
Additional Federal Tax$10,321,330
State Tax(3.07%)$2,446,790
Net Lumpsum Payment$47,803,880
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $2,618,874 $929,314
$80,399
$1,609,161
2 $2,749,896 $977,792
$84,422
$1,687,682
3 $2,887,356 $1,028,652
$88,642
$1,770,062
4 $3,031,776 $1,082,088
$93,076
$1,856,612
5 $3,183,330 $1,138,162
$97,728
$1,947,440
6 $3,342,540 $1,197,070
$102,616
$2,042,854
7 $3,509,580 $1,258,875
$107,744
$2,142,961
8 $3,685,146 $1,323,834
$113,134
$2,248,178
9 $3,869,412 $1,392,013
$118,791
$2,358,608
10 $4,062,900 $1,463,603
$124,731
$2,474,566
11 $4,265,958 $1,538,735
$130,965
$2,596,258
12 $4,479,282 $1,617,665
$137,514
$2,724,103
13 $4,703,220 $1,700,522
$144,389
$2,858,309
14 $4,938,468 $1,787,564
$151,611
$2,999,293
15 $5,185,374 $1,878,919
$159,191
$3,147,264
16 $5,444,634 $1,974,845
$167,150
$3,302,639
17 $5,716,770 $2,075,535
$175,505
$3,465,730
18 $6,002,652 $2,181,312
$184,281
$3,637,059
19 $6,302,802 $2,292,367
$193,496
$3,816,939
20 $6,617,916 $2,408,959
$203,170
$4,005,787
21 $6,948,864 $2,531,410
$213,330
$4,204,124
22 $7,296,342 $2,659,977
$223,998
$4,412,367
23 $7,661,046 $2,794,917
$235,194
$4,630,935
24 $8,044,194 $2,936,682
$246,957
$4,860,555
25 $8,446,308 $3,085,464
$259,302
$5,101,542
26 $8,868,780 $3,241,779
$272,272
$5,354,729
27 $9,312,132 $3,405,819
$285,882
$5,620,431
28 $9,777,756 $3,578,100
$300,177
$5,899,479
29 $10,266,696 $3,759,008
$315,188
$6,192,500
30 $10,779,996 $3,948,929
$330,946
$6,500,121