The jackpot for the Powerball draw on Wed Dec 24, 2025, is projected to be $1.70 Billion, with an option for a cash payout of $781.3 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC Powerball Jackpot/Cash Option for Wed Dec 24, 2025 |
|---|
| Draw Date | Wed Dec 24, 2025 | | Projected Jackpot | $1,700,000,000 | | Cash Value | $781,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $781,300,000 | | Federal Tax(24%) | $187,512,000 | | Additional Federal Tax | $101,529,330 | | State Tax(10.75%) | $83,989,750 | | Net Lumpsum Payment | $408,268,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$25,586,700 |
$9,427,409
$2,750,570 |
$13,408,721 |
| 2 |
$26,866,800 |
$9,901,046
$2,888,181 |
$14,077,573 |
| 3 |
$28,209,800 |
$10,397,956
$3,032,554 |
$14,779,290 |
| 4 |
$29,620,800 |
$10,920,026
$3,184,236 |
$15,516,538 |
| 5 |
$31,101,500 |
$11,467,885
$3,343,411 |
$16,290,204 |
| 6 |
$32,657,000 |
$12,043,420
$3,510,628 |
$17,102,952 |
| 7 |
$34,289,000 |
$12,647,260
$3,686,068 |
$17,955,672 |
| 8 |
$36,004,300 |
$13,281,921
$3,870,462 |
$18,851,917 |
| 9 |
$37,804,600 |
$13,948,032
$4,063,995 |
$19,792,573 |
| 10 |
$39,695,000 |
$14,647,480
$4,267,213 |
$20,780,307 |
| 11 |
$41,678,900 |
$15,381,523
$4,480,482 |
$21,816,895 |
| 12 |
$43,763,100 |
$16,152,677
$4,704,533 |
$22,905,890 |
| 13 |
$45,951,000 |
$16,962,200
$4,939,733 |
$24,049,067 |
| 14 |
$48,249,400 |
$17,812,608
$5,186,811 |
$25,249,981 |
| 15 |
$50,661,700 |
$18,705,159
$5,446,133 |
$26,510,408 |
| 16 |
$53,194,700 |
$19,642,369
$5,718,430 |
$27,833,901 |
| 17 |
$55,853,500 |
$20,626,125
$6,004,251 |
$29,223,124 |
| 18 |
$58,646,600 |
$21,659,572
$6,304,510 |
$30,682,518 |
| 19 |
$61,579,100 |
$22,744,597
$6,619,753 |
$32,214,750 |
| 20 |
$64,657,800 |
$23,883,716
$6,950,714 |
$33,823,370 |
| 21 |
$67,891,200 |
$25,080,074
$7,298,304 |
$35,512,822 |
| 22 |
$71,286,100 |
$26,336,187
$7,663,256 |
$37,286,657 |
| 23 |
$74,849,300 |
$27,654,571
$8,046,300 |
$39,148,429 |
| 24 |
$78,592,700 |
$29,039,629
$8,448,715 |
$41,104,356 |
| 25 |
$82,521,400 |
$30,493,248
$8,871,051 |
$43,157,101 |
| 26 |
$86,649,000 |
$32,020,460
$9,314,768 |
$45,313,772 |
| 27 |
$90,980,600 |
$33,623,152
$9,780,415 |
$47,577,033 |
| 28 |
$95,529,800 |
$35,306,356
$10,269,454 |
$49,953,990 |
| 29 |
$100,306,800 |
$37,073,846
$10,782,981 |
$52,449,973 |
| 30 |
$105,321,800 |
$38,929,396
$11,322,094 |
$55,070,310 |
|
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