Jackpot Analysis Georgia Powerball

Jackpot Analysis for Georgia Powerball
The jackpot for the Powerball draw on Sat Jul 19, 2025, is projected to be $288 Million, with an option for a cash payout of $130.6 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 Jul 19, 2025
Draw DateSat Jul 19, 2025
Projected Jackpot$288,000,000
Cash Value$130,600,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$130,600,000
Federal Tax(24%)$31,344,000
Additional Federal Tax$16,938,330
State Tax(5.75%)$7,509,500
Net Lumpsum Payment$74,808,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $4,334,688 $1,564,165
$249,245
$2,521,278
2 $4,551,552 $1,644,405
$261,714
$2,645,433
3 $4,779,072 $1,728,587
$274,797
$2,775,688
4 $5,018,112 $1,817,032
$288,541
$2,912,539
5 $5,268,960 $1,909,846
$302,965
$3,056,149
6 $5,532,480 $2,007,348
$318,118
$3,207,014
7 $5,808,960 $2,109,646
$334,015
$3,365,299
8 $6,099,552 $2,217,165
$350,724
$3,531,663
9 $6,404,544 $2,330,012
$368,261
$3,706,271
10 $6,724,800 $2,448,506
$386,676
$3,889,618
11 $7,060,896 $2,572,862
$406,002
$4,082,032
12 $7,413,984 $2,703,504
$426,304
$4,284,176
13 $7,784,640 $2,840,647
$447,617
$4,496,376
14 $8,174,016 $2,984,716
$470,006
$4,719,294
15 $8,582,688 $3,135,925
$493,505
$4,953,258
16 $9,011,808 $3,294,699
$518,179
$5,198,930
17 $9,462,240 $3,461,359
$544,079
$5,456,802
18 $9,935,424 $3,636,437
$571,287
$5,727,700
19 $10,432,224 $3,820,253
$599,853
$6,012,118
20 $10,953,792 $4,013,233
$629,843
$6,310,716
21 $11,501,568 $4,215,911
$661,340
$6,624,317
22 $12,076,704 $4,428,711
$694,410
$6,953,583
23 $12,680,352 $4,652,061
$729,120
$7,299,171
24 $13,314,528 $4,886,706
$765,585
$7,662,237
25 $13,980,096 $5,132,966
$803,856
$8,043,274
26 $14,679,360 $5,391,694
$844,063
$8,443,603
27 $15,413,184 $5,663,208
$886,258
$8,863,718
28 $16,183,872 $5,948,363
$930,573
$9,304,936
29 $16,993,152 $6,247,797
$977,106
$9,768,249
30 $17,842,752 $6,562,149
$1,025,958
$10,254,645