The jackpot for the Powerball draw on Sat Apr 19, 2025, is projected to be $131 Million, with an option for a cash payout of $58.6 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania Powerball Jackpot/Cash Option for Sat Apr 19, 2025 |
|---|
| Draw Date | Sat Apr 19, 2025 | | Projected Jackpot | $131,000,000 | | Cash Value | $58,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $58,600,000 | | Federal Tax(24%) | $14,064,000 | | Additional Federal Tax | $7,578,330 | | State Tax(3.07%) | $1,799,020 | | Net Lumpsum Payment | $35,158,650 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,971,681 |
$689,852
$60,531 |
$1,221,298 |
| 2 |
$2,070,324 |
$726,350
$63,559 |
$1,280,415 |
| 3 |
$2,173,814 |
$764,642
$66,736 |
$1,342,436 |
| 4 |
$2,282,544 |
$804,872
$70,074 |
$1,407,598 |
| 5 |
$2,396,645 |
$847,089
$73,577 |
$1,475,979 |
| 6 |
$2,516,510 |
$891,439
$77,257 |
$1,547,814 |
| 7 |
$2,642,270 |
$937,970
$81,118 |
$1,623,182 |
| 8 |
$2,774,449 |
$986,877
$85,176 |
$1,702,396 |
| 9 |
$2,913,178 |
$1,038,206
$89,435 |
$1,785,537 |
| 10 |
$3,058,850 |
$1,092,105
$93,907 |
$1,872,838 |
| 11 |
$3,211,727 |
$1,148,669
$98,600 |
$1,964,458 |
| 12 |
$3,372,333 |
$1,208,094
$103,531 |
$2,060,708 |
| 13 |
$3,540,930 |
$1,270,474
$108,707 |
$2,161,749 |
| 14 |
$3,718,042 |
$1,336,006
$114,144 |
$2,267,892 |
| 15 |
$3,903,931 |
$1,404,785
$119,851 |
$2,379,295 |
| 16 |
$4,099,121 |
$1,477,005
$125,843 |
$2,496,273 |
| 17 |
$4,304,005 |
$1,552,812
$132,133 |
$2,619,060 |
| 18 |
$4,519,238 |
$1,632,448
$138,741 |
$2,748,049 |
| 19 |
$4,745,213 |
$1,716,059
$145,678 |
$2,883,476 |
| 20 |
$4,982,454 |
$1,803,838
$152,961 |
$3,025,655 |
| 21 |
$5,231,616 |
$1,896,028
$160,611 |
$3,174,977 |
| 22 |
$5,493,223 |
$1,992,823
$168,642 |
$3,331,758 |
| 23 |
$5,767,799 |
$2,094,416
$177,071 |
$3,496,312 |
| 24 |
$6,056,261 |
$2,201,147
$185,927 |
$3,669,187 |
| 25 |
$6,359,002 |
$2,313,161
$195,221 |
$3,850,620 |
| 26 |
$6,677,070 |
$2,430,846
$204,986 |
$4,041,238 |
| 27 |
$7,010,858 |
$2,554,348
$215,233 |
$4,241,277 |
| 28 |
$7,361,414 |
$2,684,054
$225,995 |
$4,451,365 |
| 29 |
$7,729,524 |
$2,820,254
$237,296 |
$4,671,974 |
| 30 |
$8,115,974 |
$2,963,241
$249,160 |
$4,903,573 |
|
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