The jackpot for the Powerball draw on Mon Jun 9, 2025, is projected to be $54 Million, with an option for a cash payout of $24.3 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 Mon Jun 9, 2025 |
| Draw Date |
Mon Jun 9, 2025 |
| Projected Jackpot |
$54,000,000 |
| Cash Value |
$24,300,000 |
| Lumpsum Option Taxes and Payment |
| Cash Gross Payment |
$24,300,000 |
| Federal Tax(24%) |
$5,832,000 |
| Additional Federal Tax |
$3,119,330 |
| State Tax(2.5%) |
$607,500 |
| Net Lumpsum Payment |
$14,741,170 |
| Annuity Payment in 30 Installations |
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$812,754 |
$261,049
$20,319 |
$531,386 |
| 2 |
$853,416 |
$276,094
$21,335 |
$555,987 |
| 3 |
$896,076 |
$291,879
$22,402 |
$581,795 |
| 4 |
$940,896 |
$308,462
$23,522 |
$608,912 |
| 5 |
$987,930 |
$325,864
$24,698 |
$637,368 |
| 6 |
$1,037,340 |
$344,146
$25,934 |
$667,260 |
| 7 |
$1,089,180 |
$363,327
$27,230 |
$698,623 |
| 8 |
$1,143,666 |
$383,487
$28,592 |
$731,587 |
| 9 |
$1,200,852 |
$404,646
$30,021 |
$766,185 |
| 10 |
$1,260,900 |
$426,863
$31,523 |
$802,514 |
| 11 |
$1,323,918 |
$450,180
$33,098 |
$840,640 |
| 12 |
$1,390,122 |
$474,676
$34,753 |
$880,693 |
| 13 |
$1,459,620 |
$500,390
$36,491 |
$922,739 |
| 14 |
$1,532,628 |
$527,403
$38,316 |
$966,909 |
| 15 |
$1,609,254 |
$555,754
$40,231 |
$1,013,269 |
| 16 |
$1,689,714 |
$585,525
$42,243 |
$1,061,946 |
| 17 |
$1,774,170 |
$616,773
$44,354 |
$1,113,043 |
| 18 |
$1,862,892 |
$649,600
$46,572 |
$1,166,720 |
| 19 |
$1,956,042 |
$684,066
$48,901 |
$1,223,075 |
| 20 |
$2,053,836 |
$720,250
$51,346 |
$1,282,240 |
| 21 |
$2,156,544 |
$758,252
$53,914 |
$1,344,378 |
| 22 |
$2,264,382 |
$798,152
$56,610 |
$1,409,620 |
| 23 |
$2,377,566 |
$840,030
$59,439 |
$1,478,097 |
| 24 |
$2,496,474 |
$884,026
$62,412 |
$1,550,036 |
| 25 |
$2,621,268 |
$930,200
$65,532 |
$1,625,536 |
| 26 |
$2,752,380 |
$978,711
$68,810 |
$1,704,859 |
| 27 |
$2,889,972 |
$1,029,620
$72,249 |
$1,788,103 |
| 28 |
$3,034,476 |
$1,083,087
$75,862 |
$1,875,527 |
| 29 |
$3,186,216 |
$1,139,230
$79,655 |
$1,967,331 |
| 30 |
$3,345,516 |
$1,198,171
$83,638 |
$2,063,707 |
|
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