Arizona Lottery

AZLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Sep 27, 2025 is estimated to be $145 Million, with a cash option of 67.4 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 Sep 27, 2025

Draw Date	Jackpot	Cash Option
Sat Sep 27, 2025	$145,000,000	$67,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$67,400,000
Federal Tax(24%)	$16,176,000
Additional Federal Tax	$8,722,330
State Tax(2.5%)	$1,685,000
Net Lumpsum Payment	$40,816,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,182,395	-$767,817 -$54,560	$1,360,018
2	$2,291,580	-$808,215 -$57,290	$1,426,075
3	$2,406,130	-$850,598 -$60,153	$1,495,379
4	$2,526,480	-$895,128 -$63,162	$1,568,190
5	$2,652,775	-$941,857 -$66,319	$1,644,599
6	$2,785,450	-$990,947 -$69,636	$1,724,867
7	$2,924,650	-$1,042,451 -$73,116	$1,809,083
8	$3,070,955	-$1,096,584 -$76,774	$1,897,597
9	$3,224,510	-$1,153,399 -$80,613	$1,990,498
10	$3,385,750	-$1,213,058 -$84,644	$2,088,048
11	$3,554,965	-$1,275,667 -$88,874	$2,190,424
12	$3,732,735	-$1,341,442 -$93,318	$2,297,975
13	$3,919,350	-$1,410,490 -$97,984	$2,410,876
14	$4,115,390	-$1,483,025 -$102,885	$2,529,480
15	$4,321,145	-$1,559,154 -$108,029	$2,653,962
16	$4,537,195	-$1,639,093 -$113,430	$2,784,672
17	$4,763,975	-$1,723,001 -$119,099	$2,921,875
18	$5,002,210	-$1,811,148 -$125,055	$3,066,007
19	$5,252,335	-$1,903,694 -$131,308	$3,217,333
20	$5,514,930	-$2,000,854 -$137,873	$3,376,203
21	$5,790,720	-$2,102,897 -$144,768	$3,543,055
22	$6,080,285	-$2,210,036 -$152,007	$3,718,242
23	$6,384,205	-$2,322,486 -$159,605	$3,902,114
24	$6,703,495	-$2,440,624 -$167,587	$4,095,284
25	$7,038,590	-$2,564,609 -$175,965	$4,298,016
26	$7,390,650	-$2,694,871 -$184,766	$4,511,013
27	$7,760,110	-$2,831,571 -$194,003	$4,734,536
28	$8,148,130	-$2,975,138 -$203,703	$4,969,289
29	$8,555,580	-$3,125,895 -$213,890	$5,215,795
30	$8,983,330	-$3,284,162 -$224,583	$5,474,585