After 45 drawings with no jackpot winner, the Powerball jackpot has climbed to $1.6 billion ahead of Monday night’s drawing at 10:59 p.m. ET.
The jackpot ranks as the fourth largest in Powerball history and the fifth largest among U.S. lottery jackpots, according to the Multi-State Lottery Association, which runs the lottery.
To win the jackpot, a ticketholder must match all six numbers on their ticket. The winner would then choose between an annuitized prize estimated at $1.6 billion or a lump-sum payment estimated at $735.3 million. The annuity option includes one immediate payment followed by 29 annual payments that increase by 5% each year.
Both options are before taxes. Winnings are subject to an automatic 24% federal withholding, but winners can expect to be in the top 37% marginal tax bracket when they file their 2025 return.
State taxes can reduce winnings even further. Eight states — California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming — do not tax lottery winnings at all, while most others levy state taxes of roughly 4% to 6%.
Below is a state-by-state breakdown of how much winners could take home under both payout options, listed alphabetically by each state and district, per usamega.com.
Arizona
- Lump sum: $444,899,480
- Annuity: $969,289,380
Arkansas
- Lump sum: $434,605,280
- Annuity: $946,889,400
California
- Lump sum: $463,281,980
- Annuity: $1,009,289,400
Colorado
- Lump sum: $430,928,780
- Annuity: $938,889,390
Connecticut
- Lump sum: $411,884,510
- Annuity: $897,449,400
Delaware
- Lump sum: $414,752,180
- Annuity: $903,689,400
Florida
- Lump sum: $463,281,980
- Annuity: $1,009,289,400
Georgia
- Lump sum: $425,119,910
- Annuity: $926,249,400
Idaho
- Lump sum: $421,406,645
- Annuity: $918,169,380
Illinois
- Lump sum: $426,884,630
- Annuity: $930,089,400
Indiana
- Lump sum: $441,222,980
- Annuity: $961,289,400
Iowa
- Lump sum: $435,340,580
- Annuity: $948,489,390
Kansas
- Lump sum: $421,369,880
- Annuity: $918,089,400
Kentucky
- Lump sum: $433,869,980
- Annuity: $945,289,380
Louisiana
- Lump sum: $441,222,980
- Annuity: $961,289,400
Maine
- Lump sum: $410,708,030
- Annuity: $894,889,380
Maryland
- Lump sum: $393,428,480
- Annuity: $857,289,390
Massachusetts
- Lump sum: $397,104,980
- Annuity: $865,289,400
Michigan
- Lump sum: $432,031,730
- Annuity: $941,289,390
Minnesota
- Lump sum: $390,854,930
- Annuity: $851,689,380
Mississippi
- Lump sum: $430,928,780
- Annuity: $938,889,390
Missouri
- Lump sum: $428,722,880
- Annuity: $934,089,390
Montana
- Lump sum: $419,899,280
- Annuity: $914,889,390
Nebraska
- Lump sum: $425,046,380
- Annuity: $926,089,380
New Hampshire
- Lump sum: $463,281,980
- Annuity: $1,009,289,400
New Jersey
- Lump sum: $384,237,230
- Annuity: $837,289,380
New Mexico
- Lump sum: $419,899,280
- Annuity: $914,889,390
New York
- Lump sum: $383,134,280
- Annuity: $834,889,380
North Carolina
- Lump sum: $432,031,730
- Annuity: $941,289,390
North Dakota
- Lump sum: $441,958,280
- Annuity: $962,889,390
Ohio
- Lump sum: $440,303,855
- Annuity: $959,289,390
Oklahoma
- Lump sum: $428,355,230
- Annuity: $933,289,380
Oregon
- Lump sum: $390,487,280
- Annuity: $850,889,400
Pennsylvania
- Lump sum: $440,708,270
- Annuity: $960,169,380
Rhode Island
- Lump sum: $419,237,510
- Annuity: $913,449,390
South Carolina
- Lump sum: $417,693,380
- Annuity: $910,089,390
South Dakota
- Lump sum: $463,281,980
- Annuity: $1,009,289,400
Tennessee
- Lump sum: $463,281,980
- Annuity: $1,009,289,400
Texas
- Lump sum: $463,281,980
- Annuity: $1,009,289,400
Vermont
- Lump sum: $398,943,230
- Annuity: $869,289,390
Virginia
- Lump sum: $421,002,230
- Annuity: $917,289,390
Washington
- Lump sum: $463,281,980
- Annuity: $1,009,289,400
Washington, D.C.
- Lump sum: $384,237,230
- Annuity: $837,289,380
West Virginia
- Lump sum: $427,840,520
- Annuity: $932,169,390
Wisconsin
- Lump sum: $407,031,530
- Annuity: $886,889,400
Wyoming
- Lump sum: $463,281,980
- Annuity: $1,009,289,400
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