Arizona Lottery

AZLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 1, 2025 is estimated to be $1.10 Billion, with a cash option of 498.4 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 Sep 1, 2025

Draw Date	Jackpot	Cash Option
Mon Sep 1, 2025	$1,100,000,000	$498,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$498,400,000
Federal Tax(24%)	$119,616,000
Additional Federal Tax	$64,752,330
State Tax(2.5%)	$12,460,000
Net Lumpsum Payment	$301,571,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$16,556,100	-$6,086,087 -$413,903	$10,056,110
2	$17,384,400	-$6,392,558 -$434,610	$10,557,232
3	$18,253,400	-$6,714,088 -$456,335	$11,082,977
4	$19,166,400	-$7,051,898 -$479,160	$11,635,342
5	$20,124,500	-$7,406,395 -$503,113	$12,214,992
6	$21,131,000	-$7,778,800 -$528,275	$12,823,925
7	$22,187,000	-$8,169,520 -$554,675	$13,462,805
8	$23,296,900	-$8,580,183 -$582,423	$14,134,294
9	$24,461,800	-$9,011,196 -$611,545	$14,839,059
10	$25,685,000	-$9,463,780 -$642,125	$15,579,095
11	$26,968,700	-$9,938,749 -$674,218	$16,355,733
12	$28,317,300	-$10,437,731 -$707,933	$17,171,636
13	$29,733,000	-$10,961,540 -$743,325	$18,028,135
14	$31,220,200	-$11,511,804 -$780,505	$18,927,891
15	$32,781,100	-$12,089,337 -$819,528	$19,872,235
16	$34,420,100	-$12,695,767 -$860,503	$20,863,830
17	$36,140,500	-$13,332,315 -$903,513	$21,904,672
18	$37,947,800	-$14,001,016 -$948,695	$22,998,089
19	$39,845,300	-$14,703,091 -$996,133	$24,146,076
20	$41,837,400	-$15,440,168 -$1,045,935	$25,351,297
21	$43,929,600	-$16,214,282 -$1,098,240	$26,617,078
22	$46,126,300	-$17,027,061 -$1,153,158	$27,946,081
23	$48,431,900	-$17,880,133 -$1,210,798	$29,340,969
24	$50,854,100	-$18,776,347 -$1,271,353	$30,806,400
25	$53,396,200	-$19,716,924 -$1,334,905	$32,344,371
26	$56,067,000	-$20,705,120 -$1,401,675	$33,960,205
27	$58,869,800	-$21,742,156 -$1,471,745	$35,655,899
28	$61,813,400	-$22,831,288 -$1,545,335	$37,436,777
29	$64,904,400	-$23,974,958 -$1,622,610	$39,306,832
30	$68,149,400	-$25,175,608 -$1,703,735	$41,270,057