The jackpot for the Powerball draw on Mon Dec 15, 2025, is projected to be $1.10 Billion, with an option for a cash payout of $503.4 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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana Powerball Jackpot/Cash Option for Mon Dec 15, 2025 |
|---|
| Draw Date | Mon Dec 15, 2025 | | Projected Jackpot | $1,100,000,000 | | Cash Value | $503,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $503,400,000 | | Federal Tax(24%) | $120,816,000 | | Additional Federal Tax | $65,402,330 | | State Tax(6.75%) | $33,979,500 | | Net Lumpsum Payment | $283,202,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$16,556,100 |
$6,086,087
$1,117,537 |
$9,352,476 |
| 2 |
$17,384,400 |
$6,392,558
$1,173,447 |
$9,818,395 |
| 3 |
$18,253,400 |
$6,714,088
$1,232,105 |
$10,307,207 |
| 4 |
$19,166,400 |
$7,051,898
$1,293,732 |
$10,820,770 |
| 5 |
$20,124,500 |
$7,406,395
$1,358,404 |
$11,359,701 |
| 6 |
$21,131,000 |
$7,778,800
$1,426,343 |
$11,925,857 |
| 7 |
$22,187,000 |
$8,169,520
$1,497,623 |
$12,519,857 |
| 8 |
$23,296,900 |
$8,580,183
$1,572,541 |
$13,144,176 |
| 9 |
$24,461,800 |
$9,011,196
$1,651,172 |
$13,799,432 |
| 10 |
$25,685,000 |
$9,463,780
$1,733,738 |
$14,487,482 |
| 11 |
$26,968,700 |
$9,938,749
$1,820,387 |
$15,209,564 |
| 12 |
$28,317,300 |
$10,437,731
$1,911,418 |
$15,968,151 |
| 13 |
$29,733,000 |
$10,961,540
$2,006,978 |
$16,764,482 |
| 14 |
$31,220,200 |
$11,511,804
$2,107,364 |
$17,601,032 |
| 15 |
$32,781,100 |
$12,089,337
$2,212,724 |
$18,479,039 |
| 16 |
$34,420,100 |
$12,695,767
$2,323,357 |
$19,400,976 |
| 17 |
$36,140,500 |
$13,332,315
$2,439,484 |
$20,368,701 |
| 18 |
$37,947,800 |
$14,001,016
$2,561,477 |
$21,385,307 |
| 19 |
$39,845,300 |
$14,703,091
$2,689,558 |
$22,452,651 |
| 20 |
$41,837,400 |
$15,440,168
$2,824,025 |
$23,573,207 |
| 21 |
$43,929,600 |
$16,214,282
$2,965,248 |
$24,750,070 |
| 22 |
$46,126,300 |
$17,027,061
$3,113,525 |
$25,985,714 |
| 23 |
$48,431,900 |
$17,880,133
$3,269,153 |
$27,282,614 |
| 24 |
$50,854,100 |
$18,776,347
$3,432,652 |
$28,645,101 |
| 25 |
$53,396,200 |
$19,716,924
$3,604,244 |
$30,075,032 |
| 26 |
$56,067,000 |
$20,705,120
$3,784,523 |
$31,577,357 |
| 27 |
$58,869,800 |
$21,742,156
$3,973,712 |
$33,153,932 |
| 28 |
$61,813,400 |
$22,831,288
$4,172,405 |
$34,809,707 |
| 29 |
$64,904,400 |
$23,974,958
$4,381,047 |
$36,548,395 |
| 30 |
$68,149,400 |
$25,175,608
$4,600,085 |
$38,373,707 |
|
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