Georgia Lottery

GALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Nov 3, 2025 is estimated to be $419 Million, with a cash option of 198 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 Nov 3, 2025

Draw Date	Jackpot	Cash Option
Mon Nov 3, 2025	$419,000,000	$198,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$198,000,000
Federal Tax(24%)	$47,520,000
Additional Federal Tax	$25,700,330
State Tax(5.75%)	$11,385,000
Net Lumpsum Payment	$113,394,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,306,369	-$2,293,687 -$362,616	$3,650,066
2	$6,621,876	-$2,410,425 -$380,758	$3,830,693
3	$6,952,886	-$2,532,898 -$399,791	$4,020,197
4	$7,300,656	-$2,661,573 -$419,788	$4,219,295
5	$7,665,605	-$2,796,604 -$440,772	$4,428,229
6	$8,048,990	-$2,938,457 -$462,817	$4,647,716
7	$8,451,230	-$3,087,285 -$485,946	$4,877,999
8	$8,874,001	-$3,243,711 -$510,255	$5,120,035
9	$9,317,722	-$3,407,888 -$535,769	$5,374,065
10	$9,783,650	-$3,580,281 -$562,560	$5,640,809
11	$10,272,623	-$3,761,201 -$590,676	$5,920,746
12	$10,786,317	-$3,951,268 -$620,213	$6,214,836
13	$11,325,570	-$4,150,791 -$651,220	$6,523,559
14	$11,892,058	-$4,360,392 -$683,793	$6,847,873
15	$12,486,619	-$4,580,379 -$717,981	$7,188,259
16	$13,110,929	-$4,811,374 -$753,878	$7,545,677
17	$13,766,245	-$5,053,841 -$791,559	$7,920,845
18	$14,454,662	-$5,308,555 -$831,143	$8,314,964
19	$15,177,437	-$5,575,982 -$872,703	$8,728,752
20	$15,936,246	-$5,856,741 -$916,334	$9,163,171
21	$16,733,184	-$6,151,608 -$962,158	$9,619,418
22	$17,569,927	-$6,461,203 -$1,010,271	$10,098,453
23	$18,448,151	-$6,786,146 -$1,060,769	$10,601,236
24	$19,370,789	-$7,127,522 -$1,113,820	$11,129,447
25	$20,339,098	-$7,485,797 -$1,169,498	$11,683,803
26	$21,356,430	-$7,862,209 -$1,227,995	$12,266,226
27	$22,424,042	-$8,257,226 -$1,289,382	$12,877,434
28	$23,545,286	-$8,672,086 -$1,353,854	$13,519,346
29	$24,722,676	-$9,107,721 -$1,421,554	$14,193,401
30	$25,958,726	-$9,565,059 -$1,492,627	$14,901,040