The jackpot for the Powerball draw on Mon May 25, 2026, is projected to be $141 Million, with an option for a cash payout of $62 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 Mon May 25, 2026 |
|---|
| Draw Date | Mon May 25, 2026 | | Projected Jackpot | $141,000,000 | | Cash Value | $62,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $62,000,000 | | Federal Tax(24%) | $14,880,000 | | Additional Federal Tax | $8,020,330 | | State Tax(4.75%) | $2,945,000 | | Net Lumpsum Payment | $36,154,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,122,191 |
$745,541
$100,804 |
$1,275,846 |
| 2 |
$2,228,364 |
$784,825
$105,847 |
$1,337,692 |
| 3 |
$2,339,754 |
$826,039
$111,138 |
$1,402,577 |
| 4 |
$2,456,784 |
$869,340
$116,697 |
$1,470,747 |
| 5 |
$2,579,595 |
$914,781
$122,531 |
$1,542,283 |
| 6 |
$2,708,610 |
$962,516
$128,659 |
$1,617,435 |
| 7 |
$2,843,970 |
$1,012,599
$135,089 |
$1,696,282 |
| 8 |
$2,986,239 |
$1,065,239
$141,846 |
$1,779,154 |
| 9 |
$3,135,558 |
$1,120,487
$148,939 |
$1,866,132 |
| 10 |
$3,292,350 |
$1,178,500
$156,387 |
$1,957,463 |
| 11 |
$3,456,897 |
$1,239,382
$164,203 |
$2,053,312 |
| 12 |
$3,629,763 |
$1,303,343
$172,414 |
$2,154,006 |
| 13 |
$3,811,230 |
$1,370,485
$181,033 |
$2,259,712 |
| 14 |
$4,001,862 |
$1,441,019
$190,088 |
$2,370,755 |
| 15 |
$4,201,941 |
$1,515,049
$199,592 |
$2,487,300 |
| 16 |
$4,412,031 |
$1,592,782
$209,571 |
$2,609,678 |
| 17 |
$4,632,555 |
$1,674,376
$220,046 |
$2,738,133 |
| 18 |
$4,864,218 |
$1,760,091
$231,050 |
$2,873,077 |
| 19 |
$5,107,443 |
$1,850,084
$242,604 |
$3,014,755 |
| 20 |
$5,362,794 |
$1,944,564
$254,733 |
$3,163,497 |
| 21 |
$5,630,976 |
$2,043,792
$267,471 |
$3,319,713 |
| 22 |
$5,912,553 |
$2,147,975
$280,846 |
$3,483,732 |
| 23 |
$6,208,089 |
$2,257,323
$294,884 |
$3,655,882 |
| 24 |
$6,518,571 |
$2,372,202
$309,632 |
$3,836,737 |
| 25 |
$6,844,422 |
$2,492,767
$325,110 |
$4,026,545 |
| 26 |
$7,186,770 |
$2,619,435
$341,372 |
$4,225,963 |
| 27 |
$7,546,038 |
$2,752,364
$358,437 |
$4,435,237 |
| 28 |
$7,923,354 |
$2,891,971
$376,359 |
$4,655,024 |
| 29 |
$8,319,564 |
$3,038,569
$395,179 |
$4,885,816 |
| 30 |
$8,735,514 |
$3,192,471
$414,937 |
$5,128,106 |
|
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