Georgia Lottery

GALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Nov 14, 2026 is estimated to be $63 Million, with a cash option of 27.1 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 Sat Nov 14, 2026

Draw Date	Jackpot	Cash Option
Sat Nov 14, 2026	$63,000,000	$27,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$27,100,000
Federal Tax(24%)	$6,504,000
Additional Federal Tax	$3,483,330
State Tax(5.75%)	$1,558,250
Net Lumpsum Payment	$15,554,420

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$948,213	-$311,169 -$54,522	$582,522
2	$995,652	-$328,722 -$57,250	$609,680
3	$1,045,422	-$347,137 -$60,112	$638,173
4	$1,097,712	-$366,484 -$63,118	$668,110
5	$1,152,585	-$386,787 -$66,274	$699,524
6	$1,210,230	-$408,115 -$69,588	$732,527
7	$1,270,710	-$430,493 -$73,066	$767,151
8	$1,334,277	-$454,013 -$76,721	$803,543
9	$1,400,994	-$478,698 -$80,557	$841,739
10	$1,471,050	-$504,619 -$84,585	$881,846
11	$1,544,571	-$531,822 -$88,813	$923,936
12	$1,621,809	-$560,400 -$93,254	$968,155
13	$1,702,890	-$590,400 -$97,916	$1,014,574
14	$1,788,066	-$621,915 -$102,814	$1,063,337
15	$1,877,463	-$654,992 -$107,954	$1,114,517
16	$1,971,333	-$689,724 -$113,352	$1,168,257
17	$2,069,865	-$726,180 -$119,017	$1,224,668
18	$2,173,374	-$764,479 -$124,969	$1,283,926
19	$2,282,049	-$804,689 -$131,218	$1,346,142
20	$2,396,142	-$846,903 -$137,778	$1,411,461
21	$2,515,968	-$891,239 -$144,668	$1,480,061
22	$2,641,779	-$937,789 -$151,902	$1,552,088
23	$2,773,827	-$986,646 -$159,495	$1,627,686
24	$2,912,553	-$1,037,975 -$167,472	$1,707,106
25	$3,058,146	-$1,091,844 -$175,843	$1,790,459
26	$3,211,110	-$1,148,441 -$184,639	$1,878,030
27	$3,371,634	-$1,207,835 -$193,869	$1,969,930
28	$3,540,222	-$1,270,213 -$203,563	$2,066,446
29	$3,717,252	-$1,335,714 -$213,742	$2,167,796
30	$3,903,102	-$1,404,478 -$224,428	$2,274,196