Arizona Lottery

AZLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Jun 7, 2025 is estimated to be $44 Million, with a cash option of 19.7 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 Jun 7, 2025

Draw Date Jackpot Cash Option
Sat Jun 7, 2025$44,000,000$19,700,000

Lumpsum Option Taxes and Payment

Category Amount
Cash Gross Payment$19,700,000
Federal Tax(24%)$4,728,000
Additional Federal Tax$2,521,330
State Tax(2.5%)$492,500
Net Lumpsum Payment$11,958,170

Annuity Payment in 30 Installations

Year Gross Payment Fed/State Tax Net Payment
1 $662,244 -$205,361
-$16,556
$440,327
2 $695,376 -$217,620
-$17,384
$460,372
3 $730,136 -$230,481
-$18,253
$481,402
4 $766,656 -$243,993
-$19,166
$503,497
5 $804,980 -$258,173
-$20,125
$526,682
6 $845,240 -$273,069
-$21,131
$551,040
7 $887,480 -$288,698
-$22,187
$576,595
8 $931,876 -$305,125
-$23,297
$603,454
9 $978,472 -$322,365
-$24,462
$631,645
10 $1,027,400 -$340,468
-$25,685
$661,247
11 $1,078,748 -$359,467
-$26,969
$692,312
12 $1,132,692 -$379,426
-$28,317
$724,949
13 $1,189,320 -$400,379
-$29,733
$759,208
14 $1,248,808 -$422,389
-$31,220
$795,199
15 $1,311,244 -$445,491
-$32,781
$832,972
16 $1,376,804 -$469,748
-$34,420
$872,636
17 $1,445,620 -$495,210
-$36,141
$914,269
18 $1,517,912 -$521,958
-$37,948
$958,006
19 $1,593,812 -$550,041
-$39,845
$1,003,926
20 $1,673,496 -$579,524
-$41,837
$1,052,135
21 $1,757,184 -$610,488
-$43,930
$1,102,766
22 $1,845,052 -$643,000
-$46,126
$1,155,926
23 $1,937,276 -$677,123
-$48,432
$1,211,721
24 $2,034,164 -$712,971
-$50,854
$1,270,339
25 $2,135,848 -$750,594
-$53,396
$1,331,858
26 $2,242,680 -$790,122
-$56,067
$1,396,491
27 $2,354,792 -$831,603
-$58,870
$1,464,319
28 $2,472,536 -$875,169
-$61,813
$1,535,554
29 $2,596,176 -$920,916
-$64,904
$1,610,356
30 $2,725,976 -$968,942
-$68,149
$1,688,885
4
4
Cash Option: $19.7 Million
Next Draw: Sat Jun 7
Powerball
Wed Jun 4, 2025
051723354524

Arizona Lottery | Select a State Lottery