Jackpot Analysis Puerto Rico Powerball

Jackpot Analysis for Puerto Rico Powerball
The jackpot for the Powerball draw on Sat Apr 26, 2025, is projected to be $168 Million, with an option for a cash payout of $77.1 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 those living in Puerto Rico, the bright side is you won't have to pay any state taxes on your lottery prize.

Puerto Rico Powerball Jackpot/Cash Option for Sat Apr 26, 2025
Draw DateSat Apr 26, 2025
Projected Jackpot$168,000,000
Cash Value$77,100,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$77,100,000
Federal Tax(24%)$18,504,000
Additional Federal Tax$9,983,330
State Tax(0%)$0
Net Lumpsum Payment$48,612,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $2,528,568 $895,901
$0
$1,632,667
2 $2,655,072 $942,707
$0
$1,712,365
3 $2,787,792 $991,813
$0
$1,795,979
4 $2,927,232 $1,043,406
$0
$1,883,826
5 $3,073,560 $1,097,548
$0
$1,976,012
6 $3,227,280 $1,154,424
$0
$2,072,856
7 $3,388,560 $1,214,098
$0
$2,174,462
8 $3,558,072 $1,276,817
$0
$2,281,255
9 $3,735,984 $1,342,644
$0
$2,393,340
10 $3,922,800 $1,411,766
$0
$2,511,034
11 $4,118,856 $1,484,307
$0
$2,634,549
12 $4,324,824 $1,560,515
$0
$2,764,309
13 $4,541,040 $1,640,515
$0
$2,900,525
14 $4,768,176 $1,724,556
$0
$3,043,620
15 $5,006,568 $1,812,761
$0
$3,193,807
16 $5,256,888 $1,905,379
$0
$3,351,509
17 $5,519,640 $2,002,597
$0
$3,517,043
18 $5,795,664 $2,104,726
$0
$3,690,938
19 $6,085,464 $2,211,952
$0
$3,873,512
20 $6,389,712 $2,324,524
$0
$4,065,188
21 $6,709,248 $2,442,752
$0
$4,266,496
22 $7,044,744 $2,566,886
$0
$4,477,858
23 $7,396,872 $2,697,173
$0
$4,699,699
24 $7,766,808 $2,834,049
$0
$4,932,759
25 $8,155,056 $2,977,701
$0
$5,177,355
26 $8,562,960 $3,128,626
$0
$5,434,334
27 $8,991,024 $3,287,009
$0
$5,704,015
28 $9,440,592 $3,453,349
$0
$5,987,243
29 $9,912,672 $3,628,019
$0
$6,284,653
30 $10,408,272 $3,811,391
$0
$6,596,881