The jackpot for the Powerball draw on Sat Dec 20, 2025, is projected to be $1.50 Billion, with an option for a cash payout of $686.5 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 North Dakota residents, the state will deduct 2.9% from your lottery earnings.
| North Dakota Powerball Jackpot/Cash Option for Sat Dec 20, 2025 |
|---|
| Draw Date | Sat Dec 20, 2025 | | Projected Jackpot | $1,500,000,000 | | Cash Value | $686,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $686,500,000 | | Federal Tax(24%) | $164,760,000 | | Additional Federal Tax | $89,205,330 | | State Tax(2.9%) | $19,908,500 | | Net Lumpsum Payment | $412,626,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$22,576,500 |
$8,313,635 $654,719 |
$13,608,146 |
| 2 |
$23,706,000 |
$8,731,550 $687,474 |
$14,286,976 |
| 3 |
$24,891,000 |
$9,170,000 $721,839 |
$14,999,161 |
| 4 |
$26,136,000 |
$9,630,650 $757,944 |
$15,747,406 |
| 5 |
$27,442,500 |
$10,114,055 $795,833 |
$16,532,612 |
| 6 |
$28,815,000 |
$10,621,880 $835,635 |
$17,357,485 |
| 7 |
$30,255,000 |
$11,154,680 $877,395 |
$18,222,925 |
| 8 |
$31,768,500 |
$11,714,675 $921,287 |
$19,132,538 |
| 9 |
$33,357,000 |
$12,302,420 $967,353 |
$20,087,227 |
| 10 |
$35,025,000 |
$12,919,580 $1,015,725 |
$21,089,695 |
| 11 |
$36,775,500 |
$13,567,265 $1,066,490 |
$22,141,745 |
| 12 |
$38,614,500 |
$14,247,695 $1,119,821 |
$23,246,984 |
| 13 |
$40,545,000 |
$14,961,980 $1,175,805 |
$24,407,215 |
| 14 |
$42,573,000 |
$15,712,340 $1,234,617 |
$25,626,043 |
| 15 |
$44,701,500 |
$16,499,885 $1,296,344 |
$26,905,271 |
| 16 |
$46,936,500 |
$17,326,835 $1,361,159 |
$28,248,506 |
| 17 |
$49,282,500 |
$18,194,855 $1,429,193 |
$29,658,452 |
| 18 |
$51,747,000 |
$19,106,720 $1,500,663 |
$31,139,617 |
| 19 |
$54,334,500 |
$20,064,095 $1,575,701 |
$32,694,704 |
| 20 |
$57,051,000 |
$21,069,200 $1,654,479 |
$34,327,321 |
| 21 |
$59,904,000 |
$22,124,810 $1,737,216 |
$36,041,974 |
| 22 |
$62,899,500 |
$23,233,145 $1,824,086 |
$37,842,269 |
| 23 |
$66,043,500 |
$24,396,425 $1,915,262 |
$39,731,813 |
| 24 |
$69,346,500 |
$25,618,535 $2,011,049 |
$41,716,916 |
| 25 |
$72,813,000 |
$26,901,140 $2,111,577 |
$43,800,283 |
| 26 |
$76,455,000 |
$28,248,680 $2,217,195 |
$45,989,125 |
| 27 |
$80,277,000 |
$29,662,820 $2,328,033 |
$48,286,147 |
| 28 |
$84,291,000 |
$31,148,000 $2,444,439 |
$50,698,561 |
| 29 |
$88,506,000 |
$32,707,550 $2,566,674 |
$53,231,776 |
| 30 |
$92,931,000 |
$34,344,800 $2,694,999 |
$55,891,201 |
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