The jackpot for the Powerball draw on Sat Aug 9, 2025, is projected to be $482 Million, with an option for a cash payout of $218.9 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania Powerball Jackpot/Cash Option for Sat Aug 9, 2025 |
|---|
| Draw Date | Sat Aug 9, 2025 | | Projected Jackpot | $482,000,000 | | Cash Value | $218,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $218,900,000 | | Federal Tax(24%) | $52,536,000 | | Additional Federal Tax | $28,417,330 | | State Tax(3.07%) | $6,720,230 | | Net Lumpsum Payment | $131,226,440 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,254,582 |
$2,644,526
$222,716 |
$4,387,340 |
| 2 |
$7,617,528 |
$2,778,816
$233,858 |
$4,604,854 |
| 3 |
$7,998,308 |
$2,919,704
$245,548 |
$4,833,056 |
| 4 |
$8,398,368 |
$3,067,727
$257,830 |
$5,072,811 |
| 5 |
$8,818,190 |
$3,223,061
$270,718 |
$5,324,411 |
| 6 |
$9,259,220 |
$3,386,242
$284,258 |
$5,588,720 |
| 7 |
$9,721,940 |
$3,557,448
$298,464 |
$5,866,028 |
| 8 |
$10,208,278 |
$3,737,393
$313,394 |
$6,157,491 |
| 9 |
$10,718,716 |
$3,926,255
$329,065 |
$6,463,396 |
| 10 |
$11,254,700 |
$4,124,569
$345,519 |
$6,784,612 |
| 11 |
$11,817,194 |
$4,332,692
$362,788 |
$7,121,714 |
| 12 |
$12,408,126 |
$4,551,337
$380,929 |
$7,475,860 |
| 13 |
$13,028,460 |
$4,780,861
$399,974 |
$7,847,625 |
| 14 |
$13,680,124 |
$5,021,976
$419,980 |
$8,238,168 |
| 15 |
$14,364,082 |
$5,275,041
$440,977 |
$8,648,064 |
| 16 |
$15,082,262 |
$5,540,767
$463,025 |
$9,078,470 |
| 17 |
$15,836,110 |
$5,819,691
$486,169 |
$9,530,250 |
| 18 |
$16,628,036 |
$6,112,704
$510,481 |
$10,004,851 |
| 19 |
$17,459,486 |
$6,420,340
$536,006 |
$10,503,140 |
| 20 |
$18,332,388 |
$6,743,314
$562,804 |
$11,026,270 |
| 21 |
$19,249,152 |
$7,082,517
$590,949 |
$11,575,686 |
| 22 |
$20,211,706 |
$7,438,662
$620,499 |
$12,152,545 |
| 23 |
$21,221,978 |
$7,812,462
$651,515 |
$12,758,001 |
| 24 |
$22,283,342 |
$8,205,167
$684,099 |
$13,394,076 |
| 25 |
$23,397,244 |
$8,617,311
$718,295 |
$14,061,638 |
| 26 |
$24,567,540 |
$9,050,320
$754,223 |
$14,762,997 |
| 27 |
$25,795,676 |
$9,504,731
$791,927 |
$15,499,018 |
| 28 |
$27,085,508 |
$9,981,968
$831,525 |
$16,272,015 |
| 29 |
$28,439,928 |
$10,483,104
$873,106 |
$17,083,718 |
| 30 |
$29,861,828 |
$11,009,207
$916,758 |
$17,935,863 |
|
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