Georgia Lottery

GALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Nov 24, 2025 is estimated to be $654 Million, with a cash option of 303.2 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 Georgia, your state will take 5.75% 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.

Georgia Powerball Jackpot/Cash Option for Mon Nov 24, 2025

Draw Date	Jackpot	Cash Option
Mon Nov 24, 2025	$654,000,000	$303,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$303,200,000
Federal Tax(24%)	$72,768,000
Additional Federal Tax	$39,376,330
State Tax(5.75%)	$17,434,000
Net Lumpsum Payment	$173,621,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,843,354	-$3,602,371 -$565,993	$5,674,990
2	$10,335,816	-$3,784,582 -$594,309	$5,956,925
3	$10,852,476	-$3,975,747 -$624,017	$6,252,712
4	$11,395,296	-$4,176,590 -$655,230	$6,563,476
5	$11,964,930	-$4,387,354 -$687,983	$6,889,593
6	$12,563,340	-$4,608,766 -$722,392	$7,232,182
7	$13,191,180	-$4,841,067 -$758,493	$7,591,620
8	$13,851,066	-$5,085,225 -$796,436	$7,969,405
9	$14,543,652	-$5,341,482 -$836,260	$8,365,910
10	$15,270,900	-$5,610,563 -$878,077	$8,782,260
11	$16,034,118	-$5,892,954 -$921,962	$9,219,202
12	$16,835,922	-$6,189,622 -$968,066	$9,678,234
13	$17,677,620	-$6,501,050 -$1,016,463	$10,160,107
14	$18,561,828	-$6,828,207 -$1,067,305	$10,666,316
15	$19,489,854	-$7,171,576 -$1,120,667	$11,197,611
16	$20,464,314	-$7,532,127 -$1,176,698	$11,755,489
17	$21,487,170	-$7,910,583 -$1,235,512	$12,341,075
18	$22,561,692	-$8,308,156 -$1,297,297	$12,956,239
19	$23,689,842	-$8,725,572 -$1,362,166	$13,602,104
20	$24,874,236	-$9,163,798 -$1,430,269	$14,280,169
21	$26,118,144	-$9,624,044 -$1,501,793	$14,992,307
22	$27,424,182	-$10,107,278 -$1,576,890	$15,740,014
23	$28,794,966	-$10,614,468 -$1,655,711	$16,524,787
24	$30,235,074	-$11,147,308 -$1,738,517	$17,349,249
25	$31,746,468	-$11,706,524 -$1,825,422	$18,214,522
26	$33,334,380	-$12,294,051 -$1,916,727	$19,123,602
27	$35,000,772	-$12,910,616 -$2,012,544	$20,077,612
28	$36,750,876	-$13,558,155 -$2,113,175	$21,079,546
29	$38,588,616	-$14,238,118 -$2,218,845	$22,131,653
30	$40,517,916	-$14,951,959 -$2,329,780	$23,236,177