Georgia Powerball

Latest Powerball results and how much you keep after Georgia taxes.

Latest Powerball Drawing

Monday, August 24
3163338682

Jackpot: $96M

Drawings every Mon, Wed & Sat at 10:59 PM ET · Power Play optional +$1

Georgia Powerball — Take-Home After Taxes

Based on $96M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$96M
Cash value (~55%)$53M
Federal tax (37%)$20M
Georgia tax (5.49%)$3M
You keep$30M

Annuity (30 Payments)

Full jackpot$96M
Annual payment$3M
Federal withholding (24%)$768K
Georgia tax$176K
Annual net$2M
30-year total$68M

Georgia Lottery Information

State tax on winnings

5.49%

Draw days

Mon, Wed, Sat at 10:59 PM ET

Ticket price

$2 per play (+$1 Power Play)

Jackpot odds

1 in 292,201,338

Official Georgia Lottery Website

Frequently Asked Questions

How much is the Powerball jackpot in Georgia?

The current Powerball jackpot is $96M. Powerball is played in Georgia along with 44 other states. Drawings are held Monday, Wednesday, and Saturday at 10:59 PM ET.

How much do you keep from Powerball in Georgia?

For the lump sum on a $96M jackpot in Georgia, you'd receive $53M cash, pay approximately $20M in federal taxes and $3M in Georgia state taxes (5.49%), keeping about $30M.

Where do I buy Powerball tickets in Georgia?

Powerball tickets are sold at most convenience stores, gas stations, grocery stores, and other licensed lottery retailers throughout Georgia. Tickets cost $2 per play, with an optional $1 Power Play add-on.

How do I claim a Powerball prize in Georgia?

Prizes under $600 can typically be claimed at any Georgia lottery retailer. Prizes $600 and above must be claimed at a Georgia Lottery district office or headquarters. Jackpot winners must contact the Georgia Lottery directly. Keep your ticket safe — it is the only proof of your win.

Does Georgia tax Powerball winnings?

Yes. Georgia taxes lottery winnings at 5.49% state income tax, in addition to federal taxes. Use our Georgia lottery tax calculator to see your exact take-home.

Powerball in Georgia

Georgia residents can purchase Powerball tickets at licensed lottery retailers statewide. Powerball is a multi-state lottery operated by the Multi-State Lottery Association (MUSL), with drawings every Monday, Wednesday, and Saturday at 10:59 PM Eastern Time.

If you win the Powerball jackpot in Georgia, you have 60 days from the drawing date to choose between the lump-sum cash option and the annuity. The lump sum pays approximately 55-60% of the advertised jackpot immediately, while the annuity pays the full amount over 29 years in 30 graduated payments.

Georgia taxes lottery winnings at 5.49%, which is applied on top of the 37% federal tax rate for top earners. For a large jackpot, the combined effective rate can exceed 50% for lump-sum winners. Use the Georgia lottery tax calculator for a precise breakdown based on your specific prize amount.