The jackpot for the Powerball draw on Mon Dec 15, 2025, is projected to be $1.10 Billion, with an option for a cash payout of $503.4 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 Mon Dec 15, 2025 |
|---|
| Draw Date | Mon Dec 15, 2025 | | Projected Jackpot | $1,100,000,000 | | Cash Value | $503,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $503,400,000 | | Federal Tax(24%) | $120,816,000 | | Additional Federal Tax | $65,402,330 | | State Tax(5.75%) | $28,945,500 | | Net Lumpsum Payment | $288,236,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$16,556,100 |
$6,086,087
$951,976 |
$9,518,037 |
| 2 |
$17,384,400 |
$6,392,558
$999,603 |
$9,992,239 |
| 3 |
$18,253,400 |
$6,714,088
$1,049,571 |
$10,489,741 |
| 4 |
$19,166,400 |
$7,051,898
$1,102,068 |
$11,012,434 |
| 5 |
$20,124,500 |
$7,406,395
$1,157,159 |
$11,560,946 |
| 6 |
$21,131,000 |
$7,778,800
$1,215,033 |
$12,137,167 |
| 7 |
$22,187,000 |
$8,169,520
$1,275,753 |
$12,741,727 |
| 8 |
$23,296,900 |
$8,580,183
$1,339,572 |
$13,377,145 |
| 9 |
$24,461,800 |
$9,011,196
$1,406,554 |
$14,044,050 |
| 10 |
$25,685,000 |
$9,463,780
$1,476,888 |
$14,744,332 |
| 11 |
$26,968,700 |
$9,938,749
$1,550,700 |
$15,479,251 |
| 12 |
$28,317,300 |
$10,437,731
$1,628,245 |
$16,251,324 |
| 13 |
$29,733,000 |
$10,961,540
$1,709,648 |
$17,061,812 |
| 14 |
$31,220,200 |
$11,511,804
$1,795,162 |
$17,913,234 |
| 15 |
$32,781,100 |
$12,089,337
$1,884,913 |
$18,806,850 |
| 16 |
$34,420,100 |
$12,695,767
$1,979,156 |
$19,745,177 |
| 17 |
$36,140,500 |
$13,332,315
$2,078,079 |
$20,730,106 |
| 18 |
$37,947,800 |
$14,001,016
$2,181,999 |
$21,764,785 |
| 19 |
$39,845,300 |
$14,703,091
$2,291,105 |
$22,851,104 |
| 20 |
$41,837,400 |
$15,440,168
$2,405,651 |
$23,991,581 |
| 21 |
$43,929,600 |
$16,214,282
$2,525,952 |
$25,189,366 |
| 22 |
$46,126,300 |
$17,027,061
$2,652,262 |
$26,446,977 |
| 23 |
$48,431,900 |
$17,880,133
$2,784,834 |
$27,766,933 |
| 24 |
$50,854,100 |
$18,776,347
$2,924,111 |
$29,153,642 |
| 25 |
$53,396,200 |
$19,716,924
$3,070,282 |
$30,608,994 |
| 26 |
$56,067,000 |
$20,705,120
$3,223,853 |
$32,138,027 |
| 27 |
$58,869,800 |
$21,742,156
$3,385,014 |
$33,742,630 |
| 28 |
$61,813,400 |
$22,831,288
$3,554,271 |
$35,427,841 |
| 29 |
$64,904,400 |
$23,974,958
$3,732,003 |
$37,197,439 |
| 30 |
$68,149,400 |
$25,175,608
$3,918,591 |
$39,055,201 |
|
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