The jackpot for the Powerball draw on Mon Dec 1, 2025, is projected to be $740 Million, with an option for a cash payout of $346.1 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 Mon Dec 1, 2025 |
|---|
| Draw Date | Mon Dec 1, 2025 | | Projected Jackpot | $740,000,000 | | Cash Value | $346,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $346,100,000 | | Federal Tax(24%) | $83,064,000 | | Additional Federal Tax | $44,953,330 | | State Tax(10.75%) | $37,205,750 | | Net Lumpsum Payment | $180,876,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$11,137,740 |
$4,081,294
$1,197,307 |
$5,859,139 |
| 2 |
$11,694,960 |
$4,287,466
$1,257,208 |
$6,150,286 |
| 3 |
$12,279,560 |
$4,503,768
$1,320,053 |
$6,455,739 |
| 4 |
$12,893,760 |
$4,731,022
$1,386,079 |
$6,776,659 |
| 5 |
$13,538,300 |
$4,969,501
$1,455,367 |
$7,113,432 |
| 6 |
$14,215,400 |
$5,220,028
$1,528,156 |
$7,467,216 |
| 7 |
$14,925,800 |
$5,482,876
$1,604,524 |
$7,838,400 |
| 8 |
$15,672,460 |
$5,759,141
$1,684,789 |
$8,228,530 |
| 9 |
$16,456,120 |
$6,049,095
$1,769,033 |
$8,637,992 |
| 10 |
$17,279,000 |
$6,353,560
$1,857,493 |
$9,067,947 |
| 11 |
$18,142,580 |
$6,673,085
$1,950,327 |
$9,519,168 |
| 12 |
$19,049,820 |
$7,008,764
$2,047,856 |
$9,993,200 |
| 13 |
$20,002,200 |
$7,361,144
$2,150,237 |
$10,490,819 |
| 14 |
$21,002,680 |
$7,731,322
$2,257,788 |
$11,013,570 |
| 15 |
$22,052,740 |
$8,119,844
$2,370,670 |
$11,562,226 |
| 16 |
$23,155,340 |
$8,527,806
$2,489,199 |
$12,138,335 |
| 17 |
$24,312,700 |
$8,956,029
$2,613,615 |
$12,743,056 |
| 18 |
$25,528,520 |
$9,405,883
$2,744,316 |
$13,378,321 |
| 19 |
$26,805,020 |
$9,878,188
$2,881,540 |
$14,045,292 |
| 20 |
$28,145,160 |
$10,374,040
$3,025,605 |
$14,745,515 |
| 21 |
$29,552,640 |
$10,894,807
$3,176,909 |
$15,480,924 |
| 22 |
$31,030,420 |
$11,441,586
$3,335,770 |
$16,253,064 |
| 23 |
$32,581,460 |
$12,015,471
$3,502,507 |
$17,063,482 |
| 24 |
$34,210,940 |
$12,618,378
$3,677,676 |
$17,914,886 |
| 25 |
$35,921,080 |
$13,251,130
$3,861,516 |
$18,808,434 |
| 26 |
$37,717,800 |
$13,915,916
$4,054,664 |
$19,747,220 |
| 27 |
$39,603,320 |
$14,613,559
$4,257,357 |
$20,732,404 |
| 28 |
$41,583,560 |
$15,346,248
$4,470,233 |
$21,767,079 |
| 29 |
$43,662,960 |
$16,115,626
$4,693,768 |
$22,853,566 |
| 30 |
$45,845,960 |
$16,923,336
$4,928,441 |
$23,994,183 |
|
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