Louisiana Lottery

LALottery 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 Louisiana, your state will take 4.75% 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.

Louisiana 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(4.75%)	$9,191,250
Net Lumpsum Payment	$112,753,420

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,411,726	-$2,332,669 -$304,557	$3,774,500
2	$6,732,504	-$2,451,357 -$319,794	$3,961,353
3	$7,069,044	-$2,575,877 -$335,780	$4,157,387
4	$7,422,624	-$2,706,701 -$352,575	$4,363,348
5	$7,793,670	-$2,843,988 -$370,199	$4,579,483
6	$8,183,460	-$2,988,211 -$388,714	$4,806,535
7	$8,592,420	-$3,139,526 -$408,140	$5,044,754
8	$9,022,254	-$3,298,564 -$428,557	$5,295,133
9	$9,473,388	-$3,465,484 -$449,986	$5,557,918
10	$9,947,100	-$3,640,757 -$472,487	$5,833,856
11	$10,444,242	-$3,824,700 -$496,101	$6,123,441
12	$10,966,518	-$4,017,942 -$520,910	$6,427,666
13	$11,514,780	-$4,220,799 -$546,952	$6,747,029
14	$12,090,732	-$4,433,901 -$574,310	$7,082,521
15	$12,695,226	-$4,657,564 -$603,023	$7,434,639
16	$13,329,966	-$4,892,418 -$633,173	$7,804,375
17	$13,996,230	-$5,138,935 -$664,821	$8,192,474
18	$14,696,148	-$5,397,905 -$698,067	$8,600,176
19	$15,430,998	-$5,669,800 -$732,972	$9,028,226
20	$16,202,484	-$5,955,249 -$769,618	$9,477,617
21	$17,012,736	-$6,255,043 -$808,105	$9,949,588
22	$17,863,458	-$6,569,810 -$848,514	$10,445,134
23	$18,756,354	-$6,900,181 -$890,927	$10,965,246
24	$19,694,406	-$7,247,261 -$935,484	$11,511,661
25	$20,678,892	-$7,611,520 -$982,247	$12,085,125
26	$21,713,220	-$7,994,222 -$1,031,378	$12,687,620
27	$22,798,668	-$8,395,838 -$1,082,937	$13,319,893
28	$23,938,644	-$8,817,629 -$1,137,086	$13,983,929
29	$25,135,704	-$9,260,541 -$1,193,946	$14,681,217
30	$26,392,404	-$9,725,520 -$1,253,639	$15,413,245