diff --git a/sql/catalyst/src/main/scala/org/apache/spark/sql/catalyst/expressions/Cast.scala b/sql/catalyst/src/main/scala/org/apache/spark/sql/catalyst/expressions/Cast.scala
index 969128838eba4..c95570eac09ba 100644
--- a/sql/catalyst/src/main/scala/org/apache/spark/sql/catalyst/expressions/Cast.scala
+++ b/sql/catalyst/src/main/scala/org/apache/spark/sql/catalyst/expressions/Cast.scala
@@ -28,6 +28,7 @@ import org.apache.spark.sql.catalyst.expressions.codegen._
 import org.apache.spark.sql.catalyst.expressions.codegen.Block._
 import org.apache.spark.sql.catalyst.util._
 import org.apache.spark.sql.catalyst.util.DateTimeUtils._
+import org.apache.spark.sql.internal.SQLConf
 import org.apache.spark.sql.types._
 import org.apache.spark.unsafe.UTF8StringBuilder
 import org.apache.spark.unsafe.types.{CalendarInterval, UTF8String}
@@ -498,22 +499,37 @@ case class Cast(child: Expression, dataType: DataType, timeZoneId: Option[String
       b => x.numeric.asInstanceOf[Numeric[Any]].toInt(b).toByte
   }
 
+  private val nullOnOverflow = SQLConf.get.decimalOperationsNullOnOverflow
+
   /**
    * Change the precision / scale in a given decimal to those set in `decimalType` (if any),
-   * returning null if it overflows or modifying `value` in-place and returning it if successful.
+   * modifying `value` in-place and returning it if successful. If an overflow occurs, it
+   * either returns null or throws an exception according to the value set for
+   * `spark.sql.decimalOperations.nullOnOverflow`.
    *
    * NOTE: this modifies `value` in-place, so don't call it on external data.
    */
   private[this] def changePrecision(value: Decimal, decimalType: DecimalType): Decimal = {
-    if (value.changePrecision(decimalType.precision, decimalType.scale)) value else null
+    if (value.changePrecision(decimalType.precision, decimalType.scale)) {
+      value
+    } else {
+      if (nullOnOverflow) {
+        null
+      } else {
+        throw new ArithmeticException(s"${value.toDebugString} cannot be represented as " +
+          s"Decimal(${decimalType.precision}, ${decimalType.scale}).")
+      }
+    }
   }
 
   /**
-   * Create new `Decimal` with precision and scale given in `decimalType` (if any),
-   * returning null if it overflows or creating a new `value` and returning it if successful.
+   * Create new `Decimal` with precision and scale given in `decimalType` (if any).
+   * If overflow occurs, if `spark.sql.decimalOperations.nullOnOverflow` is true, null is returned;
+   * otherwise, an `ArithmeticException` is thrown.
    */
   private[this] def toPrecision(value: Decimal, decimalType: DecimalType): Decimal =
-    value.toPrecision(decimalType.precision, decimalType.scale)
+    value.toPrecision(
+      decimalType.precision, decimalType.scale, Decimal.ROUND_HALF_UP, nullOnOverflow)
 
 
   private[this] def castToDecimal(from: DataType, target: DecimalType): Any => Any = from match {
@@ -963,11 +979,19 @@ case class Cast(child: Expression, dataType: DataType, timeZoneId: Option[String
          |$evPrim = $d;
        """.stripMargin
     } else {
+      val overflowCode = if (nullOnOverflow) {
+        s"$evNull = true;"
+      } else {
+        s"""
+           |throw new ArithmeticException($d.toDebugString() + " cannot be represented as " +
+           | "Decimal(${decimalType.precision}, ${decimalType.scale}).");
+         """.stripMargin
+      }
       code"""
          |if ($d.changePrecision(${decimalType.precision}, ${decimalType.scale})) {
          |  $evPrim = $d;
          |} else {
-         |  $evNull = true;
+         |  $overflowCode
          |}
        """.stripMargin
     }
diff --git a/sql/catalyst/src/test/scala/org/apache/spark/sql/catalyst/expressions/CastSuite.scala b/sql/catalyst/src/test/scala/org/apache/spark/sql/catalyst/expressions/CastSuite.scala
index 4d667fd61ae01..d090657b50bb8 100644
--- a/sql/catalyst/src/test/scala/org/apache/spark/sql/catalyst/expressions/CastSuite.scala
+++ b/sql/catalyst/src/test/scala/org/apache/spark/sql/catalyst/expressions/CastSuite.scala
@@ -29,6 +29,7 @@ import org.apache.spark.sql.catalyst.expressions.codegen.CodegenContext
 import org.apache.spark.sql.catalyst.util.DateTimeTestUtils._
 import org.apache.spark.sql.catalyst.util.DateTimeUtils
 import org.apache.spark.sql.catalyst.util.DateTimeUtils._
+import org.apache.spark.sql.internal.SQLConf
 import org.apache.spark.sql.types._
 import org.apache.spark.unsafe.types.UTF8String
 
@@ -1018,4 +1019,25 @@ class CastSuite extends SparkFunSuite with ExpressionEvalHelper {
       checkEvaluation(ret, InternalRow(null))
     }
   }
+
+  test("SPARK-28470: Cast should honor nullOnOverflow property") {
+    withSQLConf(SQLConf.DECIMAL_OPERATIONS_NULL_ON_OVERFLOW.key -> "true") {
+      checkEvaluation(Cast(Literal("134.12"), DecimalType(3, 2)), null)
+      checkEvaluation(
+        Cast(Literal(Timestamp.valueOf("2019-07-25 22:04:36")), DecimalType(3, 2)), null)
+      checkEvaluation(Cast(Literal(BigDecimal(134.12)), DecimalType(3, 2)), null)
+      checkEvaluation(Cast(Literal(134.12), DecimalType(3, 2)), null)
+    }
+    withSQLConf(SQLConf.DECIMAL_OPERATIONS_NULL_ON_OVERFLOW.key -> "false") {
+      checkExceptionInExpression[ArithmeticException](
+        Cast(Literal("134.12"), DecimalType(3, 2)), "cannot be represented")
+      checkExceptionInExpression[ArithmeticException](
+        Cast(Literal(Timestamp.valueOf("2019-07-25 22:04:36")), DecimalType(3, 2)),
+        "cannot be represented")
+      checkExceptionInExpression[ArithmeticException](
+        Cast(Literal(BigDecimal(134.12)), DecimalType(3, 2)), "cannot be represented")
+      checkExceptionInExpression[ArithmeticException](
+        Cast(Literal(134.12), DecimalType(3, 2)), "cannot be represented")
+    }
+  }
 }