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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
Pennsylvania Powerball Jackpot/Cash Option for Wed Sep 17, 2025 |
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Draw Date | Wed Sep 17, 2025 | Projected Jackpot | $81,000,000 | Cash Value | $37,900,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $37,900,000 | Federal Tax(24%) | $9,096,000 | Additional Federal Tax | $4,887,330 | State Tax(3.07%) | $1,163,530 | Net Lumpsum Payment | $22,753,140 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$1,219,131 |
$411,409 $37,427 |
$770,295 |
2 |
$1,280,124 |
$433,976 $39,300 |
$806,848 |
3 |
$1,344,114 |
$457,653 $41,264 |
$845,197 |
4 |
$1,411,344 |
$482,528 $43,328 |
$885,488 |
5 |
$1,481,895 |
$508,632 $45,494 |
$927,769 |
6 |
$1,556,010 |
$536,054 $47,770 |
$972,186 |
7 |
$1,633,770 |
$564,825 $50,157 |
$1,018,788 |
8 |
$1,715,499 |
$595,065 $52,666 |
$1,067,768 |
9 |
$1,801,278 |
$626,803 $55,299 |
$1,119,176 |
10 |
$1,891,350 |
$660,130 $58,064 |
$1,173,156 |
11 |
$1,985,877 |
$695,105 $60,966 |
$1,229,806 |
12 |
$2,085,183 |
$731,848 $64,015 |
$1,289,320 |
13 |
$2,189,430 |
$770,419 $67,216 |
$1,351,795 |
14 |
$2,298,942 |
$810,939 $70,578 |
$1,417,425 |
15 |
$2,413,881 |
$853,466 $74,106 |
$1,486,309 |
16 |
$2,534,571 |
$898,122 $77,811 |
$1,558,638 |
17 |
$2,661,255 |
$944,995 $81,701 |
$1,634,559 |
18 |
$2,794,338 |
$994,235 $85,786 |
$1,714,317 |
19 |
$2,934,063 |
$1,045,934 $90,076 |
$1,798,053 |
20 |
$3,080,754 |
$1,100,209 $94,579 |
$1,885,966 |
21 |
$3,234,816 |
$1,157,212 $99,309 |
$1,978,295 |
22 |
$3,396,573 |
$1,217,062 $104,275 |
$2,075,236 |
23 |
$3,566,349 |
$1,279,880 $109,487 |
$2,176,982 |
24 |
$3,744,711 |
$1,345,873 $114,963 |
$2,283,875 |
25 |
$3,931,902 |
$1,415,134 $120,709 |
$2,396,059 |
26 |
$4,128,570 |
$1,487,901 $126,747 |
$2,513,922 |
27 |
$4,334,958 |
$1,564,265 $133,083 |
$2,637,610 |
28 |
$4,551,714 |
$1,644,465 $139,738 |
$2,767,511 |
29 |
$4,779,324 |
$1,728,680 $146,725 |
$2,903,919 |
30 |
$5,018,274 |
$1,817,092 $154,061 |
$3,047,121 |
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