The jackpot for the Powerball draw on Wed Dec 17, 2025, is projected to be $1.25 Billion, with an option for a cash payout of $572.1 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 Georgia residents, the state will deduct 5.75% from your lottery earnings.
| Georgia Powerball Jackpot/Cash Option for Wed Dec 17, 2025 |
|---|
| Draw Date | Wed Dec 17, 2025 | | Projected Jackpot | $1,250,000,000 | | Cash Value | $572,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $572,100,000 | | Federal Tax(24%) | $137,304,000 | | Additional Federal Tax | $74,333,330 | | State Tax(5.75%) | $32,895,750 | | Net Lumpsum Payment | $327,566,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$18,813,750 |
$6,921,418
$1,081,791 |
$10,810,541 |
| 2 |
$19,755,000 |
$7,269,680
$1,135,913 |
$11,349,407 |
| 3 |
$20,742,500 |
$7,635,055
$1,192,694 |
$11,914,751 |
| 4 |
$21,780,000 |
$8,018,930
$1,252,350 |
$12,508,720 |
| 5 |
$22,868,750 |
$8,421,768
$1,314,953 |
$13,132,029 |
| 6 |
$24,012,500 |
$8,844,955
$1,380,719 |
$13,786,826 |
| 7 |
$25,212,500 |
$9,288,955
$1,449,719 |
$14,473,826 |
| 8 |
$26,473,750 |
$9,755,618
$1,522,241 |
$15,195,891 |
| 9 |
$27,797,500 |
$10,245,405
$1,598,356 |
$15,953,739 |
| 10 |
$29,187,500 |
$10,759,705
$1,678,281 |
$16,749,514 |
| 11 |
$30,646,250 |
$11,299,443
$1,762,159 |
$17,584,648 |
| 12 |
$32,178,750 |
$11,866,468
$1,850,278 |
$18,462,004 |
| 13 |
$33,787,500 |
$12,461,705
$1,942,781 |
$19,383,014 |
| 14 |
$35,477,500 |
$13,087,005
$2,039,956 |
$20,350,539 |
| 15 |
$37,251,250 |
$13,743,293
$2,141,947 |
$21,366,010 |
| 16 |
$39,113,750 |
$14,432,418
$2,249,041 |
$22,432,291 |
| 17 |
$41,068,750 |
$15,155,768
$2,361,453 |
$23,551,529 |
| 18 |
$43,122,500 |
$15,915,655
$2,479,544 |
$24,727,301 |
| 19 |
$45,278,750 |
$16,713,468
$2,603,528 |
$25,961,754 |
| 20 |
$47,542,500 |
$17,551,055
$2,733,694 |
$27,257,751 |
| 21 |
$49,920,000 |
$18,430,730
$2,870,400 |
$28,618,870 |
| 22 |
$52,416,250 |
$19,354,343
$3,013,934 |
$30,047,973 |
| 23 |
$55,036,250 |
$20,323,743
$3,164,584 |
$31,547,923 |
| 24 |
$57,788,750 |
$21,342,168
$3,322,853 |
$33,123,729 |
| 25 |
$60,677,500 |
$22,411,005
$3,488,956 |
$34,777,539 |
| 26 |
$63,712,500 |
$23,533,955
$3,663,469 |
$36,515,076 |
| 27 |
$66,897,500 |
$24,712,405
$3,846,606 |
$38,338,489 |
| 28 |
$70,242,500 |
$25,950,055
$4,038,944 |
$40,253,501 |
| 29 |
$73,755,000 |
$27,249,680
$4,240,913 |
$42,264,407 |
| 30 |
$77,442,500 |
$28,614,055
$4,452,944 |
$44,375,501 |
|
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