The Associated Press contributed to this report. Players who buy winning grand prize tickets in a state different from where they live will pay taxes based on where they bought the ticket. In Georgia, the state income tax of 5.75% is withheld from prizes of $5,000 or more. State lotteries will immediately deduct 24% of jackpot winnings for federal taxes, and additional federal taxes may be required when filing federal tax returns. 1 How many plays would you like to purchase 2 How many drawings do you want to enter 3 Pick your own numbers or choose Quik Pik. If a winner dies before collecting all their money, the remainder would go to the winner’s estate. Estimated Draw Date: Sunday, November 5, 2023. Players also can choose an annuity, in which that $22 million would be paid to a company that would guarantee a return over 30 years of $34 million. 1.44 MillionJonathan ShrednickTorrance, CA 2 MillionRachel Frye. Keep this page bookmarked and refresh it to see if you hold the winning. That’s why the cash prize - which most winners take - would be around $22 million. View All Winners Watch the Draw Past Winning Numbers. The Powerball jackpot for 03/08/23 is 31 million, and the drawing will be held at 11 p.m. ![]() However, even though the current jackpot is advertised as $34 million, the lottery has less than half that amount available for the top prize. ![]() The jackpot is based on revenue from ticket sales, so the more people who play the game, the faster the top prize grows.
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