The jackpot for the Powerball draw on Sat Aug 30, 2025, is projected to be $950 Million, with an option for a cash payout of $428.9 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 Arizona residents, the state will deduct 2.5% from your lottery earnings.
| Arizona Powerball Jackpot/Cash Option for Sat Aug 30, 2025 |
|---|
| Draw Date | Sat Aug 30, 2025 | | Projected Jackpot | $950,000,000 | | Cash Value | $428,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $428,900,000 | | Federal Tax(24%) | $102,936,000 | | Additional Federal Tax | $55,717,330 | | State Tax(2.5%) | $10,722,500 | | Net Lumpsum Payment | $259,524,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$14,298,450 |
$5,250,757
$357,461 |
$8,690,232 |
| 2 |
$15,013,800 |
$5,515,436
$375,345 |
$9,123,019 |
| 3 |
$15,764,300 |
$5,793,121
$394,108 |
$9,577,071 |
| 4 |
$16,552,800 |
$6,084,866
$413,820 |
$10,054,114 |
| 5 |
$17,380,250 |
$6,391,023
$434,506 |
$10,554,721 |
| 6 |
$18,249,500 |
$6,712,645
$456,238 |
$11,080,617 |
| 7 |
$19,161,500 |
$7,050,085
$479,038 |
$11,632,377 |
| 8 |
$20,120,050 |
$7,404,749
$503,001 |
$12,212,300 |
| 9 |
$21,126,100 |
$7,776,987
$528,153 |
$12,820,960 |
| 10 |
$22,182,500 |
$8,167,855
$554,563 |
$13,460,082 |
| 11 |
$23,291,150 |
$8,578,056
$582,279 |
$14,130,815 |
| 12 |
$24,455,850 |
$9,008,995
$611,396 |
$14,835,459 |
| 13 |
$25,678,500 |
$9,461,375
$641,963 |
$15,575,162 |
| 14 |
$26,962,900 |
$9,936,603
$674,073 |
$16,352,224 |
| 15 |
$28,310,950 |
$10,435,382
$707,774 |
$17,167,794 |
| 16 |
$29,726,450 |
$10,959,117
$743,161 |
$18,024,172 |
| 17 |
$31,212,250 |
$11,508,863
$780,306 |
$18,923,081 |
| 18 |
$32,773,100 |
$12,086,377
$819,328 |
$19,867,395 |
| 19 |
$34,411,850 |
$12,692,715
$860,296 |
$20,858,839 |
| 20 |
$36,132,300 |
$13,329,281
$903,308 |
$21,899,711 |
| 21 |
$37,939,200 |
$13,997,834
$948,480 |
$22,992,886 |
| 22 |
$39,836,350 |
$14,699,780
$995,909 |
$24,140,661 |
| 23 |
$41,827,550 |
$15,436,524
$1,045,689 |
$25,345,337 |
| 24 |
$43,919,450 |
$16,210,527
$1,097,986 |
$26,610,937 |
| 25 |
$46,114,900 |
$17,022,843
$1,152,873 |
$27,939,184 |
| 26 |
$48,421,500 |
$17,876,285
$1,210,538 |
$29,334,677 |
| 27 |
$50,842,100 |
$18,771,907
$1,271,053 |
$30,799,140 |
| 28 |
$53,384,300 |
$19,712,521
$1,334,608 |
$32,337,171 |
| 29 |
$56,053,800 |
$20,700,236
$1,401,345 |
$33,952,219 |
| 30 |
$58,856,300 |
$21,737,161
$1,471,408 |
$35,647,731 |
|
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