Florida Lottery
FLLottery Powerball Jackpot Analysis
The Powerball jackpot for the draw on Sat Jul 19, 2025 is estimated to be $288 Million, with a cash option of 130.6 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. The good news is that if you're a resident of Florida, you won't owe any state tax on 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.
Florida Powerball Jackpot/Cash Option for Sat Jul 19, 2025
Lumpsum Option Taxes and Payment
Annuity Payment in 30 Installations
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Powerball Results by Month
July 2025
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![]() ![]() ![]() Cash Option: $130.6 Million Next Draw: Sat Jul 19
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Powerball
Wed Jul 16, 2025
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