The jackpot for the Powerball draw on Sat Apr 26, 2025, is projected to be $168 Million, with an option for a cash payout of $77.1 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Arizona residents, the state will deduct 2.5% from your lottery earnings.
| Arizona Powerball Jackpot/Cash Option for Sat Apr 26, 2025 |
|---|
| Draw Date | Sat Apr 26, 2025 | | Projected Jackpot | $168,000,000 | | Cash Value | $77,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $77,100,000 | | Federal Tax(24%) | $18,504,000 | | Additional Federal Tax | $9,983,330 | | State Tax(2.5%) | $1,927,500 | | Net Lumpsum Payment | $46,685,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,528,568 |
$895,901
$63,214 |
$1,569,453 |
| 2 |
$2,655,072 |
$942,707
$66,377 |
$1,645,988 |
| 3 |
$2,787,792 |
$991,813
$69,695 |
$1,726,284 |
| 4 |
$2,927,232 |
$1,043,406
$73,181 |
$1,810,645 |
| 5 |
$3,073,560 |
$1,097,548
$76,839 |
$1,899,173 |
| 6 |
$3,227,280 |
$1,154,424
$80,682 |
$1,992,174 |
| 7 |
$3,388,560 |
$1,214,098
$84,714 |
$2,089,748 |
| 8 |
$3,558,072 |
$1,276,817
$88,952 |
$2,192,303 |
| 9 |
$3,735,984 |
$1,342,644
$93,400 |
$2,299,940 |
| 10 |
$3,922,800 |
$1,411,766
$98,070 |
$2,412,964 |
| 11 |
$4,118,856 |
$1,484,307
$102,971 |
$2,531,578 |
| 12 |
$4,324,824 |
$1,560,515
$108,121 |
$2,656,188 |
| 13 |
$4,541,040 |
$1,640,515
$113,526 |
$2,786,999 |
| 14 |
$4,768,176 |
$1,724,556
$119,204 |
$2,924,416 |
| 15 |
$5,006,568 |
$1,812,761
$125,164 |
$3,068,643 |
| 16 |
$5,256,888 |
$1,905,379
$131,422 |
$3,220,087 |
| 17 |
$5,519,640 |
$2,002,597
$137,991 |
$3,379,052 |
| 18 |
$5,795,664 |
$2,104,726
$144,892 |
$3,546,046 |
| 19 |
$6,085,464 |
$2,211,952
$152,137 |
$3,721,375 |
| 20 |
$6,389,712 |
$2,324,524
$159,743 |
$3,905,445 |
| 21 |
$6,709,248 |
$2,442,752
$167,731 |
$4,098,765 |
| 22 |
$7,044,744 |
$2,566,886
$176,119 |
$4,301,739 |
| 23 |
$7,396,872 |
$2,697,173
$184,922 |
$4,514,777 |
| 24 |
$7,766,808 |
$2,834,049
$194,170 |
$4,738,589 |
| 25 |
$8,155,056 |
$2,977,701
$203,876 |
$4,973,479 |
| 26 |
$8,562,960 |
$3,128,626
$214,074 |
$5,220,260 |
| 27 |
$8,991,024 |
$3,287,009
$224,776 |
$5,479,239 |
| 28 |
$9,440,592 |
$3,453,349
$236,015 |
$5,751,228 |
| 29 |
$9,912,672 |
$3,628,019
$247,817 |
$6,036,836 |
| 30 |
$10,408,272 |
$3,811,391
$260,207 |
$6,336,674 |
|
|
