Jackpot Analysis Louisiana Powerball

Jackpot Analysis for Louisiana Powerball
The jackpot for the Powerball draw on Wed Jul 9, 2025, is projected to be $216 Million, with an option for a cash payout of $98.4 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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.

Louisiana Powerball Jackpot/Cash Option for Wed Jul 9, 2025
Draw DateWed Jul 9, 2025
Projected Jackpot$216,000,000
Cash Value$98,400,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$98,400,000
Federal Tax(24%)$23,616,000
Additional Federal Tax$12,752,330
State Tax(4.75%)$4,674,000
Net Lumpsum Payment$57,357,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,251,016 $1,163,206
$154,423
$1,933,387
2 $3,413,664 $1,223,386
$162,149
$2,028,129
3 $3,584,304 $1,286,523
$170,254
$2,127,527
4 $3,763,584 $1,352,856
$178,770
$2,231,958
5 $3,951,720 $1,422,467
$187,707
$2,341,546
6 $4,149,360 $1,495,594
$197,095
$2,456,671
7 $4,356,720 $1,572,317
$206,944
$2,577,459
8 $4,574,664 $1,652,956
$217,297
$2,704,411
9 $4,803,408 $1,737,591
$228,162
$2,837,655
10 $5,043,600 $1,826,462
$239,571
$2,977,567
11 $5,295,672 $1,919,729
$251,544
$3,124,399
12 $5,560,488 $2,017,711
$264,123
$3,278,654
13 $5,838,480 $2,120,568
$277,328
$3,440,584
14 $6,130,512 $2,228,620
$291,199
$3,610,693
15 $6,437,016 $2,342,026
$305,758
$3,789,232
16 $6,758,856 $2,461,107
$321,046
$3,976,703
17 $7,096,680 $2,586,102
$337,092
$4,173,486
18 $7,451,568 $2,717,411
$353,949
$4,380,208
19 $7,824,168 $2,855,273
$371,648
$4,597,247
20 $8,215,344 $3,000,008
$390,229
$4,825,107
21 $8,626,176 $3,152,016
$409,743
$5,064,417
22 $9,057,528 $3,311,616
$430,233
$5,315,679
23 $9,510,264 $3,479,128
$451,738
$5,579,398
24 $9,985,896 $3,655,112
$474,330
$5,856,454
25 $10,485,072 $3,839,807
$498,041
$6,147,224
26 $11,009,520 $4,033,853
$522,952
$6,452,715
27 $11,559,888 $4,237,489
$549,095
$6,773,304
28 $12,137,904 $4,451,355
$576,550
$7,109,999
29 $12,744,864 $4,675,930
$605,381
$7,463,553
30 $13,382,064 $4,911,694
$635,648
$7,834,722