Virginia Powerball

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

Latest Powerball Drawing

Wednesday, April 8
3161742523

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

Virginia Powerball — Take-Home After Taxes

Based on $200M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$200M
Cash value (60%)$120M
Federal tax (37%)$44M
Virginia tax (5.75%)$7M
You keep$69M

Annuity (30 Payments)

Full jackpot$200M
Annual payment$7M
Federal withholding (24%)$2M
Virginia tax$383K
Annual net$5M
30-year total$141M

Virginia Lottery Information

State tax on winnings

5.75%

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 Virginia Lottery Website

Frequently Asked Questions

How much is the Powerball jackpot in Virginia?

Powerball jackpots start at $20 million and grow until someone wins. Check back after each drawing for the current jackpot amount in Virginia.

How much do you keep from Powerball in Virginia?

For the lump sum on a $200M jackpot in Virginia, you'd receive $120M cash, pay approximately $44M in federal taxes and $7M in Virginia state taxes (5.75%), keeping about $69M.

Where do I buy Powerball tickets in Virginia?

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

How do I claim a Powerball prize in Virginia?

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

Does Virginia tax Powerball winnings?

Yes. Virginia taxes lottery winnings at 5.75% state income tax, in addition to federal taxes. Use our Virginia lottery tax calculator to see your exact take-home.

Powerball in Virginia

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

Virginia taxes lottery winnings at 5.75%, 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 Virginia lottery tax calculator for a precise breakdown based on your specific prize amount.