Louisiana Lottery

LALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat May 31, 2025 is estimated to be $207 Million, with a cash option of 91 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 Sat May 31, 2025

Draw Date	Jackpot	Cash Option
Sat May 31, 2025	$207,000,000	$91,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$91,000,000
Federal Tax(24%)	$21,840,000
Additional Federal Tax	$11,790,330
State Tax(4.75%)	$4,322,500
Net Lumpsum Payment	$53,047,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,115,557	-$1,113,086 -$147,989	$1,854,482
2	$3,271,428	-$1,170,759 -$155,393	$1,945,276
3	$3,434,958	-$1,231,265 -$163,161	$2,040,532
4	$3,606,768	-$1,294,835 -$171,321	$2,140,612
5	$3,787,065	-$1,361,544 -$179,886	$2,245,635
6	$3,976,470	-$1,431,624 -$188,882	$2,355,964
7	$4,175,190	-$1,505,151 -$198,322	$2,471,717
8	$4,384,053	-$1,582,430 -$208,243	$2,593,380
9	$4,603,266	-$1,663,539 -$218,655	$2,721,072
10	$4,833,450	-$1,748,707 -$229,589	$2,855,154
11	$5,075,019	-$1,838,087 -$241,063	$2,995,869
12	$5,328,801	-$1,931,987 -$253,118	$3,143,696
13	$5,595,210	-$2,030,558 -$265,772	$3,298,880
14	$5,875,074	-$2,134,108 -$279,066	$3,461,900
15	$6,168,807	-$2,242,789 -$293,018	$3,633,000
16	$6,477,237	-$2,356,908 -$307,669	$3,812,660
17	$6,800,985	-$2,476,695 -$323,047	$4,001,243
18	$7,141,086	-$2,602,532 -$339,202	$4,199,352
19	$7,498,161	-$2,734,650 -$356,163	$4,407,348
20	$7,873,038	-$2,873,354 -$373,969	$4,625,715
21	$8,266,752	-$3,019,029 -$392,671	$4,855,052
22	$8,680,131	-$3,171,979 -$412,306	$5,095,846
23	$9,114,003	-$3,332,511 -$432,915	$5,348,577
24	$9,569,817	-$3,501,163 -$454,566	$5,614,088
25	$10,048,194	-$3,678,162 -$477,289	$5,892,743
26	$10,550,790	-$3,864,123 -$501,163	$6,185,504
27	$11,078,226	-$4,059,274 -$526,216	$6,492,736
28	$11,632,158	-$4,264,229 -$552,528	$6,815,401
29	$12,213,828	-$4,479,447 -$580,157	$7,154,224
30	$12,824,478	-$4,705,387 -$609,163	$7,509,928