Georgia Lottery

GALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Oct 13, 2025 is estimated to be $258 Million, with a cash option of 120.8 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 Oct 13, 2025

Draw Date	Jackpot	Cash Option
Mon Oct 13, 2025	$258,000,000	$120,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$120,800,000
Federal Tax(24%)	$28,992,000
Additional Federal Tax	$15,664,330
State Tax(5.75%)	$6,946,000
Net Lumpsum Payment	$69,197,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,883,158	-$1,397,099 -$223,282	$2,262,777
2	$4,077,432	-$1,468,980 -$234,452	$2,374,000
3	$4,281,252	-$1,544,394 -$246,172	$2,490,686
4	$4,495,392	-$1,623,625 -$258,485	$2,613,282
5	$4,720,110	-$1,706,771 -$271,406	$2,741,933
6	$4,956,180	-$1,794,117 -$284,980	$2,877,083
7	$5,203,860	-$1,885,759 -$299,222	$3,018,879
8	$5,464,182	-$1,982,078 -$314,190	$3,167,914
9	$5,737,404	-$2,083,170 -$329,901	$3,324,333
10	$6,024,300	-$2,189,321 -$346,397	$3,488,582
11	$6,325,386	-$2,300,723 -$363,710	$3,660,953
12	$6,641,694	-$2,417,757 -$381,897	$3,842,040
13	$6,973,740	-$2,540,614 -$400,990	$4,032,136
14	$7,322,556	-$2,669,676 -$421,047	$4,231,833
15	$7,688,658	-$2,805,134 -$442,098	$4,441,426
16	$8,073,078	-$2,947,369 -$464,202	$4,661,507
17	$8,476,590	-$3,096,669 -$487,404	$4,892,517
18	$8,900,484	-$3,253,509 -$511,778	$5,135,197
19	$9,345,534	-$3,418,178 -$537,368	$5,389,988
20	$9,812,772	-$3,591,056 -$564,234	$5,657,482
21	$10,303,488	-$3,772,621 -$592,451	$5,938,416
22	$10,818,714	-$3,963,255 -$622,076	$6,233,383
23	$11,359,482	-$4,163,339 -$653,170	$6,542,973
24	$11,927,598	-$4,373,542 -$685,837	$6,868,219
25	$12,523,836	-$4,594,150 -$720,121	$7,209,565
26	$13,150,260	-$4,825,927 -$756,140	$7,568,193
27	$13,807,644	-$5,069,159 -$793,940	$7,944,545
28	$14,498,052	-$5,324,610 -$833,638	$8,339,804
29	$15,223,032	-$5,592,852 -$875,324	$8,754,856
30	$15,984,132	-$5,874,459 -$919,088	$9,190,585