The jackpot for the Powerball draw on Sat Sep 6, 2025, is projected to be $1.70 Billion, with an option for a cash payout of $770.3 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 Georgia residents, the state will deduct 5.75% from your lottery earnings.
Georgia Powerball Jackpot/Cash Option for Sat Sep 6, 2025 |
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Draw Date | Sat Sep 6, 2025 | Projected Jackpot | $1,700,000,000 | Cash Value | $770,300,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $770,300,000 | Federal Tax(24%) | $184,872,000 | Additional Federal Tax | $100,099,330 | State Tax(5.75%) | $44,292,250 | Net Lumpsum Payment | $441,036,420 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$25,586,700 |
$9,427,409 $1,471,235 |
$14,688,056 |
2 |
$26,866,800 |
$9,901,046 $1,544,841 |
$15,420,913 |
3 |
$28,209,800 |
$10,397,956 $1,622,064 |
$16,189,780 |
4 |
$29,620,800 |
$10,920,026 $1,703,196 |
$16,997,578 |
5 |
$31,101,500 |
$11,467,885 $1,788,336 |
$17,845,279 |
6 |
$32,657,000 |
$12,043,420 $1,877,778 |
$18,735,802 |
7 |
$34,289,000 |
$12,647,260 $1,971,618 |
$19,670,122 |
8 |
$36,004,300 |
$13,281,921 $2,070,247 |
$20,652,132 |
9 |
$37,804,600 |
$13,948,032 $2,173,765 |
$21,682,803 |
10 |
$39,695,000 |
$14,647,480 $2,282,463 |
$22,765,057 |
11 |
$41,678,900 |
$15,381,523 $2,396,537 |
$23,900,840 |
12 |
$43,763,100 |
$16,152,677 $2,516,378 |
$25,094,045 |
13 |
$45,951,000 |
$16,962,200 $2,642,183 |
$26,346,617 |
14 |
$48,249,400 |
$17,812,608 $2,774,341 |
$27,662,451 |
15 |
$50,661,700 |
$18,705,159 $2,913,048 |
$29,043,493 |
16 |
$53,194,700 |
$19,642,369 $3,058,695 |
$30,493,636 |
17 |
$55,853,500 |
$20,626,125 $3,211,576 |
$32,015,799 |
18 |
$58,646,600 |
$21,659,572 $3,372,180 |
$33,614,848 |
19 |
$61,579,100 |
$22,744,597 $3,540,798 |
$35,293,705 |
20 |
$64,657,800 |
$23,883,716 $3,717,824 |
$37,056,260 |
21 |
$67,891,200 |
$25,080,074 $3,903,744 |
$38,907,382 |
22 |
$71,286,100 |
$26,336,187 $4,098,951 |
$40,850,962 |
23 |
$74,849,300 |
$27,654,571 $4,303,835 |
$42,890,894 |
24 |
$78,592,700 |
$29,039,629 $4,519,080 |
$45,033,991 |
25 |
$82,521,400 |
$30,493,248 $4,744,981 |
$47,283,171 |
26 |
$86,649,000 |
$32,020,460 $4,982,318 |
$49,646,222 |
27 |
$90,980,600 |
$33,623,152 $5,231,385 |
$52,126,063 |
28 |
$95,529,800 |
$35,306,356 $5,492,964 |
$54,730,480 |
29 |
$100,306,800 |
$37,073,846 $5,767,641 |
$57,465,313 |
30 |
$105,321,800 |
$38,929,396 $6,056,004 |
$60,336,400 |
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