Ohio Lottery

OHLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Sep 6, 2025 is estimated to be $1.70 Billion, with a cash option of 770.3 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 Ohio, your state will take 3.99% 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.

Ohio Powerball Jackpot/Cash Option for Sat Sep 6, 2025

Draw Date	Jackpot	Cash Option
Sat Sep 6, 2025	$1,700,000,000	$770,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$770,300,000
Federal Tax(24%)	$184,872,000
Additional Federal Tax	$100,099,330
State Tax(3.99%)	$30,734,970
Net Lumpsum Payment	$454,593,700

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$25,586,700	-$9,427,409 -$1,020,909	$15,138,382
2	$26,866,800	-$9,901,046 -$1,071,985	$15,893,769
3	$28,209,800	-$10,397,956 -$1,125,571	$16,686,273
4	$29,620,800	-$10,920,026 -$1,181,870	$17,518,904
5	$31,101,500	-$11,467,885 -$1,240,950	$18,392,665
6	$32,657,000	-$12,043,420 -$1,303,014	$19,310,566
7	$34,289,000	-$12,647,260 -$1,368,131	$20,273,609
8	$36,004,300	-$13,281,921 -$1,436,572	$21,285,807
9	$37,804,600	-$13,948,032 -$1,508,404	$22,348,164
10	$39,695,000	-$14,647,480 -$1,583,831	$23,463,689
11	$41,678,900	-$15,381,523 -$1,662,988	$24,634,389
12	$43,763,100	-$16,152,677 -$1,746,148	$25,864,275
13	$45,951,000	-$16,962,200 -$1,833,445	$27,155,355
14	$48,249,400	-$17,812,608 -$1,925,151	$28,511,641
15	$50,661,700	-$18,705,159 -$2,021,402	$29,935,139
16	$53,194,700	-$19,642,369 -$2,122,469	$31,429,862
17	$55,853,500	-$20,626,125 -$2,228,555	$32,998,820
18	$58,646,600	-$21,659,572 -$2,339,999	$34,647,029
19	$61,579,100	-$22,744,597 -$2,457,006	$36,377,497
20	$64,657,800	-$23,883,716 -$2,579,846	$38,194,238
21	$67,891,200	-$25,080,074 -$2,708,859	$40,102,267
22	$71,286,100	-$26,336,187 -$2,844,315	$42,105,598
23	$74,849,300	-$27,654,571 -$2,986,487	$44,208,242
24	$78,592,700	-$29,039,629 -$3,135,849	$46,417,222
25	$82,521,400	-$30,493,248 -$3,292,604	$48,735,548
26	$86,649,000	-$32,020,460 -$3,457,295	$51,171,245
27	$90,980,600	-$33,623,152 -$3,630,126	$53,727,322
28	$95,529,800	-$35,306,356 -$3,811,639	$56,411,805
29	$100,306,800	-$37,073,846 -$4,002,241	$59,230,713
30	$105,321,800	-$38,929,396 -$4,202,340	$62,190,064