Arizona Lottery

AZLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Nov 22, 2025 is estimated to be $629 Million, with a cash option of 294.5 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Arizona, your state will take 2.5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Arizona Powerball Jackpot/Cash Option for Sat Nov 22, 2025

Draw Date	Jackpot	Cash Option
Sat Nov 22, 2025	$629,000,000	$294,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$294,500,000
Federal Tax(24%)	$70,680,000
Additional Federal Tax	$38,245,330
State Tax(2.5%)	$7,362,500
Net Lumpsum Payment	$178,212,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,467,079	-$3,463,150 -$236,677	$5,767,252
2	$9,940,716	-$3,638,395 -$248,518	$6,053,803
3	$10,437,626	-$3,822,252 -$260,941	$6,354,433
4	$10,959,696	-$4,015,418 -$273,992	$6,670,286
5	$11,507,555	-$4,218,126 -$287,689	$7,001,740
6	$12,083,090	-$4,431,074 -$302,077	$7,349,939
7	$12,686,930	-$4,654,494 -$317,173	$7,715,263
8	$13,321,591	-$4,889,319 -$333,040	$8,099,232
9	$13,987,702	-$5,135,780 -$349,693	$8,502,229
10	$14,687,150	-$5,394,576 -$367,179	$8,925,395
11	$15,421,193	-$5,666,172 -$385,530	$9,369,491
12	$16,192,347	-$5,951,499 -$404,809	$9,836,039
13	$17,001,870	-$6,251,022 -$425,047	$10,325,801
14	$17,852,278	-$6,565,673 -$446,307	$10,840,298
15	$18,744,829	-$6,895,917 -$468,621	$11,380,291
16	$19,682,039	-$7,242,685 -$492,051	$11,947,303
17	$20,665,795	-$7,606,675 -$516,645	$12,542,475
18	$21,699,242	-$7,989,050 -$542,481	$13,167,711
19	$22,784,267	-$8,390,509 -$569,607	$13,824,151
20	$23,923,386	-$8,811,983 -$598,085	$14,513,318
21	$25,119,744	-$9,254,636 -$627,994	$15,237,114
22	$26,375,857	-$9,719,397 -$659,396	$15,997,064
23	$27,694,241	-$10,207,200 -$692,356	$16,794,685
24	$29,079,299	-$10,719,671 -$726,982	$17,632,646
25	$30,532,918	-$11,257,510 -$763,323	$18,512,085
26	$32,060,130	-$11,822,578 -$801,503	$19,436,049
27	$33,662,822	-$12,415,575 -$841,571	$20,405,676
28	$35,346,026	-$13,038,360 -$883,651	$21,424,015
29	$37,113,516	-$13,692,331 -$927,838	$22,493,347
30	$38,969,066	-$14,378,885 -$974,227	$23,615,954