The jackpot for the Powerball draw on Sat Nov 8, 2025, is projected to be $467 Million, with an option for a cash payout of $220.7 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 Nov 8, 2025 |
|---|
| Draw Date | Sat Nov 8, 2025 | | Projected Jackpot | $467,000,000 | | Cash Value | $220,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $220,700,000 | | Federal Tax(24%) | $52,968,000 | | Additional Federal Tax | $28,651,330 | | State Tax(5.75%) | $12,690,250 | | Net Lumpsum Payment | $126,390,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,028,817 |
$2,560,993
$404,157 |
$4,063,667 |
| 2 |
$7,380,468 |
$2,691,104
$424,377 |
$4,264,987 |
| 3 |
$7,749,398 |
$2,827,608
$445,590 |
$4,476,200 |
| 4 |
$8,137,008 |
$2,971,023
$467,878 |
$4,698,107 |
| 5 |
$8,543,765 |
$3,121,523
$491,266 |
$4,930,976 |
| 6 |
$8,971,070 |
$3,279,626
$515,837 |
$5,175,607 |
| 7 |
$9,419,390 |
$3,445,505
$541,615 |
$5,432,270 |
| 8 |
$9,890,593 |
$3,619,850
$568,709 |
$5,702,034 |
| 9 |
$10,385,146 |
$3,802,834
$597,146 |
$5,985,166 |
| 10 |
$10,904,450 |
$3,994,977
$627,006 |
$6,282,467 |
| 11 |
$11,449,439 |
$4,196,623
$658,343 |
$6,594,473 |
| 12 |
$12,021,981 |
$4,408,463
$691,264 |
$6,922,254 |
| 13 |
$12,623,010 |
$4,630,844
$725,823 |
$7,266,343 |
| 14 |
$13,254,394 |
$4,864,456
$762,128 |
$7,627,810 |
| 15 |
$13,917,067 |
$5,109,645
$800,231 |
$8,007,191 |
| 16 |
$14,612,897 |
$5,367,102
$840,242 |
$8,405,553 |
| 17 |
$15,343,285 |
$5,637,346
$882,239 |
$8,823,700 |
| 18 |
$16,110,566 |
$5,921,240
$926,358 |
$9,262,968 |
| 19 |
$16,916,141 |
$6,219,303
$972,678 |
$9,724,160 |
| 20 |
$17,761,878 |
$6,532,225
$1,021,308 |
$10,208,345 |
| 21 |
$18,650,112 |
$6,860,872
$1,072,381 |
$10,716,859 |
| 22 |
$19,582,711 |
$7,205,933
$1,126,006 |
$11,250,772 |
| 23 |
$20,561,543 |
$7,568,101
$1,182,289 |
$11,811,153 |
| 24 |
$21,589,877 |
$7,948,585
$1,241,418 |
$12,399,874 |
| 25 |
$22,669,114 |
$8,347,903
$1,303,474 |
$13,017,737 |
| 26 |
$23,802,990 |
$8,767,437
$1,368,672 |
$13,666,881 |
| 27 |
$24,992,906 |
$9,207,706
$1,437,092 |
$14,348,108 |
| 28 |
$26,242,598 |
$9,670,092
$1,508,949 |
$15,063,557 |
| 29 |
$27,554,868 |
$10,155,632
$1,584,405 |
$15,814,831 |
| 30 |
$28,932,518 |
$10,665,362
$1,663,620 |
$16,603,536 |
|
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