The jackpot for the Powerball draw on Sat Dec 20, 2025, is projected to be $1.50 Billion, with an option for a cash payout of $686.5 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 Dec 20, 2025 |
|---|
| Draw Date | Sat Dec 20, 2025 | | Projected Jackpot | $1,500,000,000 | | Cash Value | $686,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $686,500,000 | | Federal Tax(24%) | $164,760,000 | | Additional Federal Tax | $89,205,330 | | State Tax(5.75%) | $39,473,750 | | Net Lumpsum Payment | $393,060,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$22,576,500 |
$8,313,635
$1,298,149 |
$12,964,716 |
| 2 |
$23,706,000 |
$8,731,550
$1,363,095 |
$13,611,355 |
| 3 |
$24,891,000 |
$9,170,000
$1,431,233 |
$14,289,767 |
| 4 |
$26,136,000 |
$9,630,650
$1,502,820 |
$15,002,530 |
| 5 |
$27,442,500 |
$10,114,055
$1,577,944 |
$15,750,501 |
| 6 |
$28,815,000 |
$10,621,880
$1,656,863 |
$16,536,257 |
| 7 |
$30,255,000 |
$11,154,680
$1,739,663 |
$17,360,657 |
| 8 |
$31,768,500 |
$11,714,675
$1,826,689 |
$18,227,136 |
| 9 |
$33,357,000 |
$12,302,420
$1,918,028 |
$19,136,552 |
| 10 |
$35,025,000 |
$12,919,580
$2,013,938 |
$20,091,482 |
| 11 |
$36,775,500 |
$13,567,265
$2,114,591 |
$21,093,644 |
| 12 |
$38,614,500 |
$14,247,695
$2,220,334 |
$22,146,471 |
| 13 |
$40,545,000 |
$14,961,980
$2,331,338 |
$23,251,682 |
| 14 |
$42,573,000 |
$15,712,340
$2,447,948 |
$24,412,712 |
| 15 |
$44,701,500 |
$16,499,885
$2,570,336 |
$25,631,279 |
| 16 |
$46,936,500 |
$17,326,835
$2,698,849 |
$26,910,816 |
| 17 |
$49,282,500 |
$18,194,855
$2,833,744 |
$28,253,901 |
| 18 |
$51,747,000 |
$19,106,720
$2,975,453 |
$29,664,827 |
| 19 |
$54,334,500 |
$20,064,095
$3,124,234 |
$31,146,171 |
| 20 |
$57,051,000 |
$21,069,200
$3,280,433 |
$32,701,367 |
| 21 |
$59,904,000 |
$22,124,810
$3,444,480 |
$34,334,710 |
| 22 |
$62,899,500 |
$23,233,145
$3,616,721 |
$36,049,634 |
| 23 |
$66,043,500 |
$24,396,425
$3,797,501 |
$37,849,574 |
| 24 |
$69,346,500 |
$25,618,535
$3,987,424 |
$39,740,541 |
| 25 |
$72,813,000 |
$26,901,140
$4,186,748 |
$41,725,112 |
| 26 |
$76,455,000 |
$28,248,680
$4,396,163 |
$43,810,157 |
| 27 |
$80,277,000 |
$29,662,820
$4,615,928 |
$45,998,252 |
| 28 |
$84,291,000 |
$31,148,000
$4,846,733 |
$48,296,267 |
| 29 |
$88,506,000 |
$32,707,550
$5,089,095 |
$50,709,355 |
| 30 |
$92,931,000 |
$34,344,800
$5,343,533 |
$53,242,667 |
|
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