Washington DC Lottery

DCLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jul 7, 2025 is estimated to be $203 Million, with a cash option of 92.5 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 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 Mon Jul 7, 2025

Draw Date	Jackpot	Cash Option
Mon Jul 7, 2025	$203,000,000	$92,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$92,500,000
Federal Tax(24%)	$22,200,000
Additional Federal Tax	$11,985,330
State Tax(10.75%)	$9,943,750
Net Lumpsum Payment	$48,370,920

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,055,353	-$1,090,811 -$328,450	$1,636,092
2	$3,208,212	-$1,147,369 -$344,883	$1,715,960
3	$3,368,582	-$1,206,706 -$362,123	$1,799,753
4	$3,537,072	-$1,269,047 -$380,235	$1,887,790
5	$3,713,885	-$1,334,468 -$399,243	$1,980,174
6	$3,899,630	-$1,403,193 -$419,210	$2,077,227
7	$4,094,510	-$1,475,299 -$440,160	$2,179,051
8	$4,299,337	-$1,551,085 -$462,179	$2,286,073
9	$4,514,314	-$1,630,627 -$485,289	$2,398,398
10	$4,740,050	-$1,714,149 -$509,555	$2,516,346
11	$4,976,951	-$1,801,802 -$535,022	$2,640,127
12	$5,225,829	-$1,893,887 -$561,777	$2,770,165
13	$5,487,090	-$1,990,554 -$589,862	$2,906,674
14	$5,761,546	-$2,092,102 -$619,366	$3,050,078
15	$6,049,603	-$2,198,683 -$650,332	$3,200,588
16	$6,352,073	-$2,310,597 -$682,848	$3,358,628
17	$6,669,565	-$2,428,069 -$716,978	$3,524,518
18	$7,003,094	-$2,551,475 -$752,833	$3,698,786
19	$7,353,269	-$2,681,040 -$790,476	$3,881,753
20	$7,720,902	-$2,817,064 -$829,997	$4,073,841
21	$8,107,008	-$2,959,923 -$871,503	$4,275,582
22	$8,512,399	-$3,109,918 -$915,083	$4,487,398
23	$8,937,887	-$3,267,349 -$960,823	$4,709,715
24	$9,384,893	-$3,432,741 -$1,008,876	$4,943,276
25	$9,854,026	-$3,606,320 -$1,059,308	$5,188,398
26	$10,346,910	-$3,788,687 -$1,112,293	$5,445,930
27	$10,864,154	-$3,980,067 -$1,167,897	$5,716,190
28	$11,407,382	-$4,181,062 -$1,226,294	$6,000,026
29	$11,977,812	-$4,392,121 -$1,287,615	$6,298,076
30	$12,576,662	-$4,613,695 -$1,351,991	$6,610,976