Washington DC Lottery

DCLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Aug 4, 2025 is estimated to be $426 Million, with a cash option of 193.5 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 Washington DC, your state will take 10.75% 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.

Washington DC Powerball Jackpot/Cash Option for Mon Aug 4, 2025

Draw Date	Jackpot	Cash Option
Mon Aug 4, 2025	$426,000,000	$193,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$193,500,000
Federal Tax(24%)	$46,440,000
Additional Federal Tax	$25,115,330
State Tax(10.75%)	$20,801,250
Net Lumpsum Payment	$101,143,420

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,411,726	-$2,332,669 -$689,261	$3,389,796
2	$6,732,504	-$2,451,357 -$723,744	$3,557,403
3	$7,069,044	-$2,575,877 -$759,922	$3,733,245
4	$7,422,624	-$2,706,701 -$797,932	$3,917,991
5	$7,793,670	-$2,843,988 -$837,820	$4,111,862
6	$8,183,460	-$2,988,211 -$879,722	$4,315,527
7	$8,592,420	-$3,139,526 -$923,685	$4,529,209
8	$9,022,254	-$3,298,564 -$969,892	$4,753,798
9	$9,473,388	-$3,465,484 -$1,018,389	$4,989,515
10	$9,947,100	-$3,640,757 -$1,069,313	$5,237,030
11	$10,444,242	-$3,824,700 -$1,122,756	$5,496,786
12	$10,966,518	-$4,017,942 -$1,178,901	$5,769,675
13	$11,514,780	-$4,220,799 -$1,237,839	$6,056,142
14	$12,090,732	-$4,433,901 -$1,299,754	$6,357,077
15	$12,695,226	-$4,657,564 -$1,364,737	$6,672,925
16	$13,329,966	-$4,892,418 -$1,432,971	$7,004,577
17	$13,996,230	-$5,138,935 -$1,504,595	$7,352,700
18	$14,696,148	-$5,397,905 -$1,579,836	$7,718,407
19	$15,430,998	-$5,669,800 -$1,658,832	$8,102,366
20	$16,202,484	-$5,955,249 -$1,741,767	$8,505,468
21	$17,012,736	-$6,255,043 -$1,828,869	$8,928,824
22	$17,863,458	-$6,569,810 -$1,920,322	$9,373,326
23	$18,756,354	-$6,900,181 -$2,016,308	$9,839,865
24	$19,694,406	-$7,247,261 -$2,117,149	$10,329,996
25	$20,678,892	-$7,611,520 -$2,222,981	$10,844,391
26	$21,713,220	-$7,994,222 -$2,334,171	$11,384,827
27	$22,798,668	-$8,395,838 -$2,450,857	$11,951,973
28	$23,938,644	-$8,817,629 -$2,573,404	$12,547,611
29	$25,135,704	-$9,260,541 -$2,702,088	$13,173,075
30	$26,392,404	-$9,725,520 -$2,837,183	$13,829,701