Georgia Powerball

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

Latest Powerball Drawing

Wednesday, July 8
122937435518

Jackpot: $457M

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

Georgia Powerball — Take-Home After Taxes

Based on $457M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$457M
Cash value (~55%)$251M
Federal tax (37%)$93M
Georgia tax (5.49%)$14M
You keep$145M

Annuity (30 Payments)

Full jackpot$457M
Annual payment$15M
Federal withholding (24%)$4M
Georgia tax$836K
Annual net$11M
30-year total$322M

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 $457M. 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 $457M jackpot in Georgia, you'd receive $251M cash, pay approximately $93M in federal taxes and $14M in Georgia state taxes (5.49%), keeping about $145M.

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.