The jackpot for the Powerball draw on Sat Jul 26, 2025, is projected to be $350 Million, with an option for a cash payout of $156.5 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 those living in Puerto Rico, the bright side is you won't have to pay any state taxes on your lottery prize.
| Puerto Rico Powerball Jackpot/Cash Option for Sat Jul 26, 2025 |
|---|
| Draw Date | Sat Jul 26, 2025 | | Projected Jackpot | $350,000,000 | | Cash Value | $156,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $156,500,000 | | Federal Tax(24%) | $37,560,000 | | Additional Federal Tax | $20,305,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $98,634,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,267,850 |
$1,909,435
$0 |
$3,358,415 |
| 2 |
$5,531,400 |
$2,006,948
$0 |
$3,524,452 |
| 3 |
$5,807,900 |
$2,109,253
$0 |
$3,698,647 |
| 4 |
$6,098,400 |
$2,216,738
$0 |
$3,881,662 |
| 5 |
$6,403,250 |
$2,329,533
$0 |
$4,073,717 |
| 6 |
$6,723,500 |
$2,448,025
$0 |
$4,275,475 |
| 7 |
$7,059,500 |
$2,572,345
$0 |
$4,487,155 |
| 8 |
$7,412,650 |
$2,703,011
$0 |
$4,709,639 |
| 9 |
$7,783,300 |
$2,840,151
$0 |
$4,943,149 |
| 10 |
$8,172,500 |
$2,984,155
$0 |
$5,188,345 |
| 11 |
$8,580,950 |
$3,135,282
$0 |
$5,445,668 |
| 12 |
$9,010,050 |
$3,294,049
$0 |
$5,716,001 |
| 13 |
$9,460,500 |
$3,460,715
$0 |
$5,999,785 |
| 14 |
$9,933,700 |
$3,635,799
$0 |
$6,297,901 |
| 15 |
$10,430,350 |
$3,819,560
$0 |
$6,610,790 |
| 16 |
$10,951,850 |
$4,012,515
$0 |
$6,939,335 |
| 17 |
$11,499,250 |
$4,215,053
$0 |
$7,284,197 |
| 18 |
$12,074,300 |
$4,427,821
$0 |
$7,646,479 |
| 19 |
$12,678,050 |
$4,651,209
$0 |
$8,026,841 |
| 20 |
$13,311,900 |
$4,885,733
$0 |
$8,426,167 |
| 21 |
$13,977,600 |
$5,132,042
$0 |
$8,845,558 |
| 22 |
$14,676,550 |
$5,390,654
$0 |
$9,285,896 |
| 23 |
$15,410,150 |
$5,662,086
$0 |
$9,748,064 |
| 24 |
$16,180,850 |
$5,947,245
$0 |
$10,233,605 |
| 25 |
$16,989,700 |
$6,246,519
$0 |
$10,743,181 |
| 26 |
$17,839,500 |
$6,560,945
$0 |
$11,278,555 |
| 27 |
$18,731,300 |
$6,890,911
$0 |
$11,840,389 |
| 28 |
$19,667,900 |
$7,237,453
$0 |
$12,430,447 |
| 29 |
$20,651,400 |
$7,601,348
$0 |
$13,050,052 |
| 30 |
$21,683,900 |
$7,983,373
$0 |
$13,700,527 |
|
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