Georgia Lottery

GALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Dec 8, 2025 is estimated to be $875 Million, with a cash option of 403.6 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. Additionally, if you are a resident of Georgia, your state will take 5.75% 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.

Georgia Powerball Jackpot/Cash Option for Mon Dec 8, 2025

Draw Date	Jackpot	Cash Option
Mon Dec 8, 2025	$875,000,000	$403,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$403,600,000
Federal Tax(24%)	$96,864,000
Additional Federal Tax	$52,428,330
State Tax(5.75%)	$23,207,000
Net Lumpsum Payment	$231,100,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$13,169,625	-$4,833,092 -$757,253	$7,579,280
2	$13,828,500	-$5,076,875 -$795,139	$7,956,486
3	$14,519,750	-$5,332,638 -$834,886	$8,352,226
4	$15,246,000	-$5,601,350 -$876,645	$8,768,005
5	$16,008,125	-$5,883,337 -$920,467	$9,204,321
6	$16,808,750	-$6,179,568 -$966,503	$9,662,679
7	$17,648,750	-$6,490,368 -$1,014,803	$10,143,579
8	$18,531,625	-$6,817,032 -$1,065,568	$10,649,025
9	$19,458,250	-$7,159,883 -$1,118,849	$11,179,518
10	$20,431,250	-$7,519,893 -$1,174,797	$11,736,560
11	$21,452,375	-$7,897,709 -$1,233,512	$12,321,154
12	$22,525,125	-$8,294,627 -$1,295,195	$12,935,303
13	$23,651,250	-$8,711,293 -$1,359,947	$13,580,010
14	$24,834,250	-$9,149,003 -$1,427,969	$14,257,278
15	$26,075,875	-$9,608,404 -$1,499,363	$14,968,108
16	$27,379,625	-$10,090,792 -$1,574,328	$15,714,505
17	$28,748,125	-$10,597,137 -$1,653,017	$16,497,971
18	$30,185,750	-$11,129,058 -$1,735,681	$17,321,011
19	$31,695,125	-$11,687,527 -$1,822,470	$18,185,128
20	$33,279,750	-$12,273,838 -$1,913,586	$19,092,326
21	$34,944,000	-$12,889,610 -$2,009,280	$20,045,110
22	$36,691,375	-$13,536,139 -$2,109,754	$21,045,482
23	$38,525,375	-$14,214,719 -$2,215,209	$22,095,447
24	$40,452,125	-$14,927,617 -$2,325,997	$23,198,511
25	$42,474,250	-$15,675,803 -$2,442,269	$24,356,178
26	$44,598,750	-$16,461,868 -$2,564,428	$25,572,454
27	$46,828,250	-$17,286,783 -$2,692,624	$26,848,843
28	$49,169,750	-$18,153,138 -$2,827,261	$28,189,351
29	$51,628,500	-$19,062,875 -$2,968,639	$29,596,986
30	$54,209,750	-$20,017,938 -$3,117,061	$31,074,751