Jackpot Analysis Louisiana Powerball

Jackpot Analysis for Louisiana Powerball
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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.

Louisiana Powerball Jackpot/Cash Option for Sat Apr 26, 2025
Draw DateSat 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(4.75%)$3,662,250
Net Lumpsum Payment$44,950,420
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $2,528,568 $895,901
$120,107
$1,512,560
2 $2,655,072 $942,707
$126,116
$1,586,249
3 $2,787,792 $991,813
$132,420
$1,663,559
4 $2,927,232 $1,043,406
$139,044
$1,744,782
5 $3,073,560 $1,097,548
$145,994
$1,830,018
6 $3,227,280 $1,154,424
$153,296
$1,919,560
7 $3,388,560 $1,214,098
$160,957
$2,013,505
8 $3,558,072 $1,276,817
$169,008
$2,112,247
9 $3,735,984 $1,342,644
$177,459
$2,215,881
10 $3,922,800 $1,411,766
$186,333
$2,324,701
11 $4,118,856 $1,484,307
$195,646
$2,438,903
12 $4,324,824 $1,560,515
$205,429
$2,558,880
13 $4,541,040 $1,640,515
$215,699
$2,684,826
14 $4,768,176 $1,724,556
$226,488
$2,817,132
15 $5,006,568 $1,812,761
$237,812
$2,955,995
16 $5,256,888 $1,905,379
$249,702
$3,101,807
17 $5,519,640 $2,002,597
$262,183
$3,254,860
18 $5,795,664 $2,104,726
$275,294
$3,415,644
19 $6,085,464 $2,211,952
$289,060
$3,584,452
20 $6,389,712 $2,324,524
$303,511
$3,761,677
21 $6,709,248 $2,442,752
$318,689
$3,947,807
22 $7,044,744 $2,566,886
$334,625
$4,143,233
23 $7,396,872 $2,697,173
$351,351
$4,348,348
24 $7,766,808 $2,834,049
$368,923
$4,563,836
25 $8,155,056 $2,977,701
$387,365
$4,789,990
26 $8,562,960 $3,128,626
$406,741
$5,027,593
27 $8,991,024 $3,287,009
$427,074
$5,276,941
28 $9,440,592 $3,453,349
$448,428
$5,538,815
29 $9,912,672 $3,628,019
$470,852
$5,813,801
30 $10,408,272 $3,811,391
$494,393
$6,102,488