Pennsylvania Lottery

PALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 1, 2025 is estimated to be $1.10 Billion, with a cash option of 498.4 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 Pennsylvania, your state will take 3.07% 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.

Pennsylvania Powerball Jackpot/Cash Option for Mon Sep 1, 2025

Draw Date	Jackpot	Cash Option
Mon Sep 1, 2025	$1,100,000,000	$498,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$498,400,000
Federal Tax(24%)	$119,616,000
Additional Federal Tax	$64,752,330
State Tax(3.07%)	$15,300,880
Net Lumpsum Payment	$298,730,790

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$16,556,100	-$6,086,087 -$508,272	$9,961,741
2	$17,384,400	-$6,392,558 -$533,701	$10,458,141
3	$18,253,400	-$6,714,088 -$560,379	$10,978,933
4	$19,166,400	-$7,051,898 -$588,408	$11,526,094
5	$20,124,500	-$7,406,395 -$617,822	$12,100,283
6	$21,131,000	-$7,778,800 -$648,722	$12,703,478
7	$22,187,000	-$8,169,520 -$681,141	$13,336,339
8	$23,296,900	-$8,580,183 -$715,215	$14,001,502
9	$24,461,800	-$9,011,196 -$750,977	$14,699,627
10	$25,685,000	-$9,463,780 -$788,530	$15,432,690
11	$26,968,700	-$9,938,749 -$827,939	$16,202,012
12	$28,317,300	-$10,437,731 -$869,341	$17,010,228
13	$29,733,000	-$10,961,540 -$912,803	$17,858,657
14	$31,220,200	-$11,511,804 -$958,460	$18,749,936
15	$32,781,100	-$12,089,337 -$1,006,380	$19,685,383
16	$34,420,100	-$12,695,767 -$1,056,697	$20,667,636
17	$36,140,500	-$13,332,315 -$1,109,513	$21,698,672
18	$37,947,800	-$14,001,016 -$1,164,997	$22,781,787
19	$39,845,300	-$14,703,091 -$1,223,251	$23,918,958
20	$41,837,400	-$15,440,168 -$1,284,408	$25,112,824
21	$43,929,600	-$16,214,282 -$1,348,639	$26,366,679
22	$46,126,300	-$17,027,061 -$1,416,077	$27,683,162
23	$48,431,900	-$17,880,133 -$1,486,859	$29,064,908
24	$50,854,100	-$18,776,347 -$1,561,221	$30,516,532
25	$53,396,200	-$19,716,924 -$1,639,263	$32,040,013
26	$56,067,000	-$20,705,120 -$1,721,257	$33,640,623
27	$58,869,800	-$21,742,156 -$1,807,303	$35,320,341
28	$61,813,400	-$22,831,288 -$1,897,671	$37,084,441
29	$64,904,400	-$23,974,958 -$1,992,565	$38,936,877
30	$68,149,400	-$25,175,608 -$2,092,187	$40,881,605