Arizona Lottery

AZLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Nov 3, 2025 is estimated to be $419 Million, with a cash option of 198 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 Arizona, your state will take 2.5% 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.

Arizona Powerball Jackpot/Cash Option for Mon Nov 3, 2025

Draw Date	Jackpot	Cash Option
Mon Nov 3, 2025	$419,000,000	$198,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$198,000,000
Federal Tax(24%)	$47,520,000
Additional Federal Tax	$25,700,330
State Tax(2.5%)	$4,950,000
Net Lumpsum Payment	$119,829,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,306,369	-$2,293,687 -$157,659	$3,855,023
2	$6,621,876	-$2,410,425 -$165,547	$4,045,904
3	$6,952,886	-$2,532,898 -$173,822	$4,246,166
4	$7,300,656	-$2,661,573 -$182,516	$4,456,567
5	$7,665,605	-$2,796,604 -$191,640	$4,677,361
6	$8,048,990	-$2,938,457 -$201,225	$4,909,308
7	$8,451,230	-$3,087,285 -$211,281	$5,152,664
8	$8,874,001	-$3,243,711 -$221,850	$5,408,440
9	$9,317,722	-$3,407,888 -$232,943	$5,676,891
10	$9,783,650	-$3,580,281 -$244,591	$5,958,778
11	$10,272,623	-$3,761,201 -$256,816	$6,254,606
12	$10,786,317	-$3,951,268 -$269,658	$6,565,391
13	$11,325,570	-$4,150,791 -$283,139	$6,891,640
14	$11,892,058	-$4,360,392 -$297,301	$7,234,365
15	$12,486,619	-$4,580,379 -$312,165	$7,594,075
16	$13,110,929	-$4,811,374 -$327,773	$7,971,782
17	$13,766,245	-$5,053,841 -$344,156	$8,368,248
18	$14,454,662	-$5,308,555 -$361,367	$8,784,740
19	$15,177,437	-$5,575,982 -$379,436	$9,222,019
20	$15,936,246	-$5,856,741 -$398,406	$9,681,099
21	$16,733,184	-$6,151,608 -$418,330	$10,163,246
22	$17,569,927	-$6,461,203 -$439,248	$10,669,476
23	$18,448,151	-$6,786,146 -$461,204	$11,200,801
24	$19,370,789	-$7,127,522 -$484,270	$11,758,997
25	$20,339,098	-$7,485,797 -$508,477	$12,344,824
26	$21,356,430	-$7,862,209 -$533,911	$12,960,310
27	$22,424,042	-$8,257,226 -$560,601	$13,606,215
28	$23,545,286	-$8,672,086 -$588,632	$14,284,568
29	$24,722,676	-$9,107,721 -$618,067	$14,996,888
30	$25,958,726	-$9,565,059 -$648,968	$15,744,699