The jackpot for the Powerball draw on Sat Oct 18, 2025, is projected to be $295 Million, with an option for a cash payout of $138.1 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 Georgia residents, the state will deduct 5.75% from your lottery earnings.
| Georgia Powerball Jackpot/Cash Option for Sat Oct 18, 2025 |
|---|
| Draw Date | Sat Oct 18, 2025 | | Projected Jackpot | $295,000,000 | | Cash Value | $138,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $138,100,000 | | Federal Tax(24%) | $33,144,000 | | Additional Federal Tax | $17,913,330 | | State Tax(5.75%) | $7,940,750 | | Net Lumpsum Payment | $79,101,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,440,045 |
$1,603,147
$255,303 |
$2,581,595 |
| 2 |
$4,662,180 |
$1,685,337
$268,075 |
$2,708,768 |
| 3 |
$4,895,230 |
$1,771,565
$281,476 |
$2,842,189 |
| 4 |
$5,140,080 |
$1,862,160
$295,555 |
$2,982,365 |
| 5 |
$5,397,025 |
$1,957,230
$310,329 |
$3,129,466 |
| 6 |
$5,666,950 |
$2,057,102
$325,850 |
$3,283,998 |
| 7 |
$5,950,150 |
$2,161,886
$342,134 |
$3,446,130 |
| 8 |
$6,247,805 |
$2,272,018
$359,249 |
$3,616,538 |
| 9 |
$6,560,210 |
$2,387,608
$377,212 |
$3,795,390 |
| 10 |
$6,888,250 |
$2,508,983
$396,074 |
$3,983,193 |
| 11 |
$7,232,515 |
$2,636,361
$415,870 |
$4,180,284 |
| 12 |
$7,594,185 |
$2,770,179
$436,666 |
$4,387,340 |
| 13 |
$7,973,850 |
$2,910,655
$458,496 |
$4,604,699 |
| 14 |
$8,372,690 |
$3,058,226
$481,430 |
$4,833,034 |
| 15 |
$8,791,295 |
$3,213,110
$505,499 |
$5,072,686 |
| 16 |
$9,230,845 |
$3,375,743
$530,774 |
$5,324,328 |
| 17 |
$9,692,225 |
$3,546,454
$557,303 |
$5,588,468 |
| 18 |
$10,176,910 |
$3,725,787
$585,172 |
$5,865,951 |
| 19 |
$10,685,785 |
$3,914,071
$614,433 |
$6,157,281 |
| 20 |
$11,220,030 |
$4,111,741
$645,152 |
$6,463,137 |
| 21 |
$11,781,120 |
$4,319,345
$677,414 |
$6,784,361 |
| 22 |
$12,370,235 |
$4,537,317
$711,289 |
$7,121,629 |
| 23 |
$12,988,555 |
$4,766,096
$746,842 |
$7,475,617 |
| 24 |
$13,638,145 |
$5,006,444
$784,193 |
$7,847,508 |
| 25 |
$14,319,890 |
$5,258,690
$823,394 |
$8,237,806 |
| 26 |
$15,036,150 |
$5,523,706
$864,579 |
$8,647,865 |
| 27 |
$15,787,810 |
$5,801,820
$907,799 |
$9,078,191 |
| 28 |
$16,577,230 |
$6,093,905
$953,191 |
$9,530,134 |
| 29 |
$17,406,180 |
$6,400,617
$1,000,855 |
$10,004,708 |
| 30 |
$18,276,430 |
$6,722,609
$1,050,895 |
$10,502,926 |
|
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