Louisiana Lottery

LALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Sep 10, 2025 is estimated to be $33 Million, with a cash option of 15.2 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 Louisiana, your state will take 4.75% 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.

Louisiana Powerball Jackpot/Cash Option for Wed Sep 10, 2025

Draw Date	Jackpot	Cash Option
Wed Sep 10, 2025	$33,000,000	$15,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$15,200,000
Federal Tax(24%)	$3,648,000
Additional Federal Tax	$1,936,330
State Tax(4.75%)	$722,000
Net Lumpsum Payment	$8,893,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$496,683	-$144,103 -$23,592	$328,988
2	$521,532	-$153,297 -$24,773	$343,462
3	$547,602	-$162,943 -$26,011	$358,648
4	$574,992	-$173,077 -$27,312	$374,603
5	$603,735	-$183,712 -$28,677	$391,346
6	$633,930	-$194,884 -$30,112	$408,934
7	$665,610	-$206,606 -$31,616	$427,388
8	$698,907	-$218,926 -$33,198	$446,783
9	$733,854	-$231,856 -$34,858	$467,140
10	$770,550	-$245,434 -$36,601	$488,515
11	$809,061	-$259,683 -$38,430	$510,948
12	$849,519	-$274,652 -$40,352	$534,515
13	$891,990	-$290,367 -$42,370	$559,253
14	$936,606	-$306,875 -$44,489	$585,242
15	$983,433	-$324,201 -$46,713	$612,519
16	$1,032,603	-$342,393 -$49,049	$641,161
17	$1,084,215	-$361,490 -$51,500	$671,225
18	$1,138,434	-$381,551 -$54,076	$702,807
19	$1,195,359	-$402,613 -$56,780	$735,966
20	$1,255,122	-$424,726 -$59,618	$770,778
21	$1,317,888	-$447,949 -$62,600	$807,339
22	$1,383,789	-$472,332 -$65,730	$845,727
23	$1,452,957	-$497,924 -$69,015	$886,018
24	$1,525,623	-$524,811 -$72,467	$928,345
25	$1,601,886	-$553,028 -$76,090	$972,768
26	$1,682,010	-$582,674 -$79,895	$1,019,441
27	$1,766,094	-$613,785 -$83,889	$1,068,420
28	$1,854,402	-$646,459 -$88,084	$1,119,859
29	$1,947,132	-$680,769 -$92,489	$1,173,874
30	$2,044,482	-$716,789 -$97,113	$1,230,580