Pennsylvania Lottery

PALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Oct 29, 2025 is estimated to be $376 Million, with a cash option of 179.3 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 Pennsylvania, your state will take 3.07% 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.

Pennsylvania Powerball Jackpot/Cash Option for Wed Oct 29, 2025

Draw Date	Jackpot	Cash Option
Wed Oct 29, 2025	$376,000,000	$179,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$179,300,000
Federal Tax(24%)	$43,032,000
Additional Federal Tax	$23,269,330
State Tax(3.07%)	$5,504,510
Net Lumpsum Payment	$107,494,160

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,659,176	-$2,054,226 -$173,737	$3,431,213
2	$5,942,304	-$2,158,983 -$182,429	$3,600,892
3	$6,239,344	-$2,268,888 -$191,548	$3,778,908
4	$6,551,424	-$2,384,357 -$201,129	$3,965,938
5	$6,878,920	-$2,505,531 -$211,183	$4,162,206
6	$7,222,960	-$2,632,826 -$221,745	$4,368,389
7	$7,583,920	-$2,766,381 -$232,826	$4,584,713
8	$7,963,304	-$2,906,753 -$244,473	$4,812,078
9	$8,361,488	-$3,054,081 -$256,698	$5,050,709
10	$8,779,600	-$3,208,782 -$269,534	$5,301,284
11	$9,218,392	-$3,371,135 -$283,005	$5,564,252
12	$9,679,368	-$3,541,697 -$297,157	$5,840,514
13	$10,163,280	-$3,720,744 -$312,013	$6,130,523
14	$10,671,632	-$3,908,834 -$327,619	$6,435,179
15	$11,205,176	-$4,106,246 -$343,999	$6,754,931
16	$11,765,416	-$4,313,534 -$361,198	$7,090,684
17	$12,353,480	-$4,531,118 -$379,252	$7,443,110
18	$12,971,248	-$4,759,692 -$398,217	$7,813,339
19	$13,619,848	-$4,999,674 -$418,129	$8,202,045
20	$14,300,784	-$5,251,620 -$439,034	$8,610,130
21	$15,015,936	-$5,516,227 -$460,989	$9,038,720
22	$15,766,808	-$5,794,049 -$484,041	$9,488,718
23	$16,554,904	-$6,085,645 -$508,236	$9,961,023
24	$17,382,856	-$6,391,987 -$533,654	$10,457,215
25	$18,251,792	-$6,713,493 -$560,330	$10,977,969
26	$19,164,720	-$7,051,277 -$588,357	$11,525,086
27	$20,122,768	-$7,405,755 -$617,769	$12,099,244
28	$21,128,944	-$7,778,040 -$648,659	$12,702,245
29	$22,185,504	-$8,168,967 -$681,095	$13,335,442
30	$23,294,704	-$8,579,371 -$715,147	$14,000,186