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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky 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(4.5%) | $15,574,500 | | Net Lumpsum Payment | $202,508,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$11,137,740 |
$4,081,294
$501,198 |
$6,555,248 |
| 2 |
$11,694,960 |
$4,287,466
$526,273 |
$6,881,221 |
| 3 |
$12,279,560 |
$4,503,768
$552,580 |
$7,223,212 |
| 4 |
$12,893,760 |
$4,731,022
$580,219 |
$7,582,519 |
| 5 |
$13,538,300 |
$4,969,501
$609,224 |
$7,959,575 |
| 6 |
$14,215,400 |
$5,220,028
$639,693 |
$8,355,679 |
| 7 |
$14,925,800 |
$5,482,876
$671,661 |
$8,771,263 |
| 8 |
$15,672,460 |
$5,759,141
$705,261 |
$9,208,058 |
| 9 |
$16,456,120 |
$6,049,095
$740,525 |
$9,666,500 |
| 10 |
$17,279,000 |
$6,353,560
$777,555 |
$10,147,885 |
| 11 |
$18,142,580 |
$6,673,085
$816,416 |
$10,653,079 |
| 12 |
$19,049,820 |
$7,008,764
$857,242 |
$11,183,814 |
| 13 |
$20,002,200 |
$7,361,144
$900,099 |
$11,740,957 |
| 14 |
$21,002,680 |
$7,731,322
$945,121 |
$12,326,237 |
| 15 |
$22,052,740 |
$8,119,844
$992,373 |
$12,940,523 |
| 16 |
$23,155,340 |
$8,527,806
$1,041,990 |
$13,585,544 |
| 17 |
$24,312,700 |
$8,956,029
$1,094,072 |
$14,262,599 |
| 18 |
$25,528,520 |
$9,405,883
$1,148,783 |
$14,973,854 |
| 19 |
$26,805,020 |
$9,878,188
$1,206,226 |
$15,720,606 |
| 20 |
$28,145,160 |
$10,374,040
$1,266,532 |
$16,504,588 |
| 21 |
$29,552,640 |
$10,894,807
$1,329,869 |
$17,327,964 |
| 22 |
$31,030,420 |
$11,441,586
$1,396,369 |
$18,192,465 |
| 23 |
$32,581,460 |
$12,015,471
$1,466,166 |
$19,099,823 |
| 24 |
$34,210,940 |
$12,618,378
$1,539,492 |
$20,053,070 |
| 25 |
$35,921,080 |
$13,251,130
$1,616,449 |
$21,053,501 |
| 26 |
$37,717,800 |
$13,915,916
$1,697,301 |
$22,104,583 |
| 27 |
$39,603,320 |
$14,613,559
$1,782,149 |
$23,207,612 |
| 28 |
$41,583,560 |
$15,346,248
$1,871,260 |
$24,366,052 |
| 29 |
$43,662,960 |
$16,115,626
$1,964,833 |
$25,582,501 |
| 30 |
$45,845,960 |
$16,923,336
$2,063,068 |
$26,859,556 |
|
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