The jackpot for the Powerball draw on Wed Dec 17, 2025, is projected to be $1.25 Billion, with an option for a cash payout of $572.1 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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana Powerball Jackpot/Cash Option for Wed Dec 17, 2025 |
|---|
| Draw Date | Wed Dec 17, 2025 | | Projected Jackpot | $1,250,000,000 | | Cash Value | $572,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $572,100,000 | | Federal Tax(24%) | $137,304,000 | | Additional Federal Tax | $74,333,330 | | State Tax(4.75%) | $27,174,750 | | Net Lumpsum Payment | $333,287,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$18,813,750 |
$6,921,418
$893,653 |
$10,998,679 |
| 2 |
$19,755,000 |
$7,269,680
$938,363 |
$11,546,957 |
| 3 |
$20,742,500 |
$7,635,055
$985,269 |
$12,122,176 |
| 4 |
$21,780,000 |
$8,018,930
$1,034,550 |
$12,726,520 |
| 5 |
$22,868,750 |
$8,421,768
$1,086,266 |
$13,360,716 |
| 6 |
$24,012,500 |
$8,844,955
$1,140,594 |
$14,026,951 |
| 7 |
$25,212,500 |
$9,288,955
$1,197,594 |
$14,725,951 |
| 8 |
$26,473,750 |
$9,755,618
$1,257,503 |
$15,460,629 |
| 9 |
$27,797,500 |
$10,245,405
$1,320,381 |
$16,231,714 |
| 10 |
$29,187,500 |
$10,759,705
$1,386,406 |
$17,041,389 |
| 11 |
$30,646,250 |
$11,299,443
$1,455,697 |
$17,891,110 |
| 12 |
$32,178,750 |
$11,866,468
$1,528,491 |
$18,783,791 |
| 13 |
$33,787,500 |
$12,461,705
$1,604,906 |
$19,720,889 |
| 14 |
$35,477,500 |
$13,087,005
$1,685,181 |
$20,705,314 |
| 15 |
$37,251,250 |
$13,743,293
$1,769,434 |
$21,738,523 |
| 16 |
$39,113,750 |
$14,432,418
$1,857,903 |
$22,823,429 |
| 17 |
$41,068,750 |
$15,155,768
$1,950,766 |
$23,962,216 |
| 18 |
$43,122,500 |
$15,915,655
$2,048,319 |
$25,158,526 |
| 19 |
$45,278,750 |
$16,713,468
$2,150,741 |
$26,414,541 |
| 20 |
$47,542,500 |
$17,551,055
$2,258,269 |
$27,733,176 |
| 21 |
$49,920,000 |
$18,430,730
$2,371,200 |
$29,118,070 |
| 22 |
$52,416,250 |
$19,354,343
$2,489,772 |
$30,572,135 |
| 23 |
$55,036,250 |
$20,323,743
$2,614,222 |
$32,098,285 |
| 24 |
$57,788,750 |
$21,342,168
$2,744,966 |
$33,701,616 |
| 25 |
$60,677,500 |
$22,411,005
$2,882,181 |
$35,384,314 |
| 26 |
$63,712,500 |
$23,533,955
$3,026,344 |
$37,152,201 |
| 27 |
$66,897,500 |
$24,712,405
$3,177,631 |
$39,007,464 |
| 28 |
$70,242,500 |
$25,950,055
$3,336,519 |
$40,955,926 |
| 29 |
$73,755,000 |
$27,249,680
$3,503,363 |
$43,001,957 |
| 30 |
$77,442,500 |
$28,614,055
$3,678,519 |
$45,149,926 |
|
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