Washington DC Lottery

DCLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Apr 26, 2025 is estimated to be $168 Million, with a cash option of 77.1 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 Washington DC, your state will take 10.75% 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.

Washington DC Powerball Jackpot/Cash Option for Sat Apr 26, 2025

Draw Date	Jackpot	Cash Option
Sat Apr 26, 2025	$168,000,000	$77,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$77,100,000
Federal Tax(24%)	$18,504,000
Additional Federal Tax	$9,983,330
State Tax(10.75%)	$8,288,250
Net Lumpsum Payment	$40,324,420

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,528,568	-$895,901 -$271,821	$1,360,846
2	$2,655,072	-$942,707 -$285,420	$1,426,945
3	$2,787,792	-$991,813 -$299,688	$1,496,291
4	$2,927,232	-$1,043,406 -$314,677	$1,569,149
5	$3,073,560	-$1,097,548 -$330,408	$1,645,604
6	$3,227,280	-$1,154,424 -$346,933	$1,725,923
7	$3,388,560	-$1,214,098 -$364,270	$1,810,192
8	$3,558,072	-$1,276,817 -$382,493	$1,898,762
9	$3,735,984	-$1,342,644 -$401,618	$1,991,722
10	$3,922,800	-$1,411,766 -$421,701	$2,089,333
11	$4,118,856	-$1,484,307 -$442,777	$2,191,772
12	$4,324,824	-$1,560,515 -$464,919	$2,299,390
13	$4,541,040	-$1,640,515 -$488,162	$2,412,363
14	$4,768,176	-$1,724,556 -$512,579	$2,531,041
15	$5,006,568	-$1,812,761 -$538,206	$2,655,601
16	$5,256,888	-$1,905,379 -$565,115	$2,786,394
17	$5,519,640	-$2,002,597 -$593,361	$2,923,682
18	$5,795,664	-$2,104,726 -$623,034	$3,067,904
19	$6,085,464	-$2,211,952 -$654,187	$3,219,325
20	$6,389,712	-$2,324,524 -$686,894	$3,378,294
21	$6,709,248	-$2,442,752 -$721,244	$3,545,252
22	$7,044,744	-$2,566,886 -$757,310	$3,720,548
23	$7,396,872	-$2,697,173 -$795,164	$3,904,535
24	$7,766,808	-$2,834,049 -$834,932	$4,097,827
25	$8,155,056	-$2,977,701 -$876,669	$4,300,686
26	$8,562,960	-$3,128,626 -$920,518	$4,513,816
27	$8,991,024	-$3,287,009 -$966,535	$4,737,480
28	$9,440,592	-$3,453,349 -$1,014,864	$4,972,379
29	$9,912,672	-$3,628,019 -$1,065,612	$5,219,041
30	$10,408,272	-$3,811,391 -$1,118,889	$5,477,992