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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho 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(5.8%) | $20,073,800 | | Net Lumpsum Payment | $198,008,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$11,137,740 |
$4,081,294
$645,989 |
$6,410,457 |
| 2 |
$11,694,960 |
$4,287,466
$678,308 |
$6,729,186 |
| 3 |
$12,279,560 |
$4,503,768
$712,214 |
$7,063,578 |
| 4 |
$12,893,760 |
$4,731,022
$747,838 |
$7,414,900 |
| 5 |
$13,538,300 |
$4,969,501
$785,221 |
$7,783,578 |
| 6 |
$14,215,400 |
$5,220,028
$824,493 |
$8,170,879 |
| 7 |
$14,925,800 |
$5,482,876
$865,696 |
$8,577,228 |
| 8 |
$15,672,460 |
$5,759,141
$909,003 |
$9,004,316 |
| 9 |
$16,456,120 |
$6,049,095
$954,455 |
$9,452,570 |
| 10 |
$17,279,000 |
$6,353,560
$1,002,182 |
$9,923,258 |
| 11 |
$18,142,580 |
$6,673,085
$1,052,270 |
$10,417,225 |
| 12 |
$19,049,820 |
$7,008,764
$1,104,890 |
$10,936,166 |
| 13 |
$20,002,200 |
$7,361,144
$1,160,128 |
$11,480,928 |
| 14 |
$21,002,680 |
$7,731,322
$1,218,155 |
$12,053,203 |
| 15 |
$22,052,740 |
$8,119,844
$1,279,059 |
$12,653,837 |
| 16 |
$23,155,340 |
$8,527,806
$1,343,010 |
$13,284,524 |
| 17 |
$24,312,700 |
$8,956,029
$1,410,137 |
$13,946,534 |
| 18 |
$25,528,520 |
$9,405,883
$1,480,654 |
$14,641,983 |
| 19 |
$26,805,020 |
$9,878,188
$1,554,691 |
$15,372,141 |
| 20 |
$28,145,160 |
$10,374,040
$1,632,419 |
$16,138,701 |
| 21 |
$29,552,640 |
$10,894,807
$1,714,053 |
$16,943,780 |
| 22 |
$31,030,420 |
$11,441,586
$1,799,764 |
$17,789,070 |
| 23 |
$32,581,460 |
$12,015,471
$1,889,725 |
$18,676,264 |
| 24 |
$34,210,940 |
$12,618,378
$1,984,235 |
$19,608,327 |
| 25 |
$35,921,080 |
$13,251,130
$2,083,423 |
$20,586,527 |
| 26 |
$37,717,800 |
$13,915,916
$2,187,632 |
$21,614,252 |
| 27 |
$39,603,320 |
$14,613,559
$2,296,993 |
$22,692,768 |
| 28 |
$41,583,560 |
$15,346,248
$2,411,846 |
$23,825,466 |
| 29 |
$43,662,960 |
$16,115,626
$2,532,452 |
$25,014,882 |
| 30 |
$45,845,960 |
$16,923,336
$2,659,066 |
$26,263,558 |
|
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