The jackpot for the Powerball draw on Wed Oct 29, 2025, is projected to be $376 Million, with an option for a cash payout of $179.3 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 Arizona residents, the state will deduct 2.5% from your lottery earnings.
| Arizona Powerball Jackpot/Cash Option for Wed Oct 29, 2025 |
|---|
| Draw Date | Wed Oct 29, 2025 | | Projected Jackpot | $376,000,000 | | Cash Value | $179,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $179,300,000 | | Federal Tax(24%) | $43,032,000 | | Additional Federal Tax | $23,269,330 | | State Tax(2.5%) | $4,482,500 | | Net Lumpsum Payment | $108,516,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,659,176 |
$2,054,226
$141,479 |
$3,463,471 |
| 2 |
$5,942,304 |
$2,158,983
$148,558 |
$3,634,763 |
| 3 |
$6,239,344 |
$2,268,888
$155,984 |
$3,814,472 |
| 4 |
$6,551,424 |
$2,384,357
$163,786 |
$4,003,281 |
| 5 |
$6,878,920 |
$2,505,531
$171,973 |
$4,201,416 |
| 6 |
$7,222,960 |
$2,632,826
$180,574 |
$4,409,560 |
| 7 |
$7,583,920 |
$2,766,381
$189,598 |
$4,627,941 |
| 8 |
$7,963,304 |
$2,906,753
$199,083 |
$4,857,468 |
| 9 |
$8,361,488 |
$3,054,081
$209,037 |
$5,098,370 |
| 10 |
$8,779,600 |
$3,208,782
$219,490 |
$5,351,328 |
| 11 |
$9,218,392 |
$3,371,135
$230,460 |
$5,616,797 |
| 12 |
$9,679,368 |
$3,541,697
$241,984 |
$5,895,687 |
| 13 |
$10,163,280 |
$3,720,744
$254,082 |
$6,188,454 |
| 14 |
$10,671,632 |
$3,908,834
$266,791 |
$6,496,007 |
| 15 |
$11,205,176 |
$4,106,246
$280,129 |
$6,818,801 |
| 16 |
$11,765,416 |
$4,313,534
$294,135 |
$7,157,747 |
| 17 |
$12,353,480 |
$4,531,118
$308,837 |
$7,513,525 |
| 18 |
$12,971,248 |
$4,759,692
$324,281 |
$7,887,275 |
| 19 |
$13,619,848 |
$4,999,674
$340,496 |
$8,279,678 |
| 20 |
$14,300,784 |
$5,251,620
$357,520 |
$8,691,644 |
| 21 |
$15,015,936 |
$5,516,227
$375,398 |
$9,124,311 |
| 22 |
$15,766,808 |
$5,794,049
$394,170 |
$9,578,589 |
| 23 |
$16,554,904 |
$6,085,645
$413,873 |
$10,055,386 |
| 24 |
$17,382,856 |
$6,391,987
$434,571 |
$10,556,298 |
| 25 |
$18,251,792 |
$6,713,493
$456,295 |
$11,082,004 |
| 26 |
$19,164,720 |
$7,051,277
$479,118 |
$11,634,325 |
| 27 |
$20,122,768 |
$7,405,755
$503,069 |
$12,213,944 |
| 28 |
$21,128,944 |
$7,778,040
$528,224 |
$12,822,680 |
| 29 |
$22,185,504 |
$8,168,967
$554,638 |
$13,461,899 |
| 30 |
$23,294,704 |
$8,579,371
$582,368 |
$14,132,965 |
|
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