Puerto Rico Lottery

PRLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Jul 30, 2025 is estimated to be $384 Million, with a cash option of 173.1 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. The good news is that if you're a resident of Puerto Rico, you won't owe any state tax on 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.

Puerto Rico Powerball Jackpot/Cash Option for Wed Jul 30, 2025

Draw Date	Jackpot	Cash Option
Wed Jul 30, 2025	$384,000,000	$173,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$173,100,000
Federal Tax(24%)	$41,544,000
Additional Federal Tax	$22,463,330
State Tax(0%)	$0
Net Lumpsum Payment	$109,092,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,779,584	-$2,098,776 -$0	$3,680,808
2	$6,068,736	-$2,205,763 -$0	$3,862,973
3	$6,372,096	-$2,318,006 -$0	$4,054,090
4	$6,690,816	-$2,435,932 -$0	$4,254,884
5	$7,025,280	-$2,559,684 -$0	$4,465,596
6	$7,376,640	-$2,689,687 -$0	$4,686,953
7	$7,745,280	-$2,826,084 -$0	$4,919,196
8	$8,132,736	-$2,969,443 -$0	$5,163,293
9	$8,539,392	-$3,119,905 -$0	$5,419,487
10	$8,966,400	-$3,277,898 -$0	$5,688,502
11	$9,414,528	-$3,443,706 -$0	$5,970,822
12	$9,885,312	-$3,617,896 -$0	$6,267,416
13	$10,379,520	-$3,800,753 -$0	$6,578,767
14	$10,898,688	-$3,992,845 -$0	$6,905,843
15	$11,443,584	-$4,194,456 -$0	$7,249,128
16	$12,015,744	-$4,406,156 -$0	$7,609,588
17	$12,616,320	-$4,628,369 -$0	$7,987,951
18	$13,247,232	-$4,861,806 -$0	$8,385,426
19	$13,909,632	-$5,106,894 -$0	$8,802,738
20	$14,605,056	-$5,364,201 -$0	$9,240,855
21	$15,335,424	-$5,634,437 -$0	$9,700,987
22	$16,102,272	-$5,918,171 -$0	$10,184,101
23	$16,907,136	-$6,215,971 -$0	$10,691,165
24	$17,752,704	-$6,528,831 -$0	$11,223,873
25	$18,640,128	-$6,857,178 -$0	$11,782,950
26	$19,572,480	-$7,202,148 -$0	$12,370,332
27	$20,550,912	-$7,564,168 -$0	$12,986,744
28	$21,578,496	-$7,944,374 -$0	$13,634,122
29	$22,657,536	-$8,343,619 -$0	$14,313,917
30	$23,790,336	-$8,762,755 -$0	$15,027,581