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 Rhode Island residents, the state will deduct 5.99% from your lottery earnings.
| Rhode Island 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(5.99%) | $20,731,390 | | Net Lumpsum Payment | $197,351,280 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$11,137,740 |
$4,081,294
$667,151 |
$6,389,295 |
| 2 |
$11,694,960 |
$4,287,466
$700,528 |
$6,706,966 |
| 3 |
$12,279,560 |
$4,503,768
$735,546 |
$7,040,246 |
| 4 |
$12,893,760 |
$4,731,022
$772,336 |
$7,390,402 |
| 5 |
$13,538,300 |
$4,969,501
$810,944 |
$7,757,855 |
| 6 |
$14,215,400 |
$5,220,028
$851,502 |
$8,143,870 |
| 7 |
$14,925,800 |
$5,482,876
$894,055 |
$8,548,869 |
| 8 |
$15,672,460 |
$5,759,141
$938,780 |
$8,974,539 |
| 9 |
$16,456,120 |
$6,049,095
$985,722 |
$9,421,303 |
| 10 |
$17,279,000 |
$6,353,560
$1,035,012 |
$9,890,428 |
| 11 |
$18,142,580 |
$6,673,085
$1,086,741 |
$10,382,754 |
| 12 |
$19,049,820 |
$7,008,764
$1,141,084 |
$10,899,972 |
| 13 |
$20,002,200 |
$7,361,144
$1,198,132 |
$11,442,924 |
| 14 |
$21,002,680 |
$7,731,322
$1,258,061 |
$12,013,297 |
| 15 |
$22,052,740 |
$8,119,844
$1,320,959 |
$12,611,937 |
| 16 |
$23,155,340 |
$8,527,806
$1,387,005 |
$13,240,529 |
| 17 |
$24,312,700 |
$8,956,029
$1,456,331 |
$13,900,340 |
| 18 |
$25,528,520 |
$9,405,883
$1,529,158 |
$14,593,479 |
| 19 |
$26,805,020 |
$9,878,188
$1,605,621 |
$15,321,211 |
| 20 |
$28,145,160 |
$10,374,040
$1,685,895 |
$16,085,225 |
| 21 |
$29,552,640 |
$10,894,807
$1,770,203 |
$16,887,630 |
| 22 |
$31,030,420 |
$11,441,586
$1,858,722 |
$17,730,112 |
| 23 |
$32,581,460 |
$12,015,471
$1,951,629 |
$18,614,360 |
| 24 |
$34,210,940 |
$12,618,378
$2,049,235 |
$19,543,327 |
| 25 |
$35,921,080 |
$13,251,130
$2,151,673 |
$20,518,277 |
| 26 |
$37,717,800 |
$13,915,916
$2,259,296 |
$21,542,588 |
| 27 |
$39,603,320 |
$14,613,559
$2,372,239 |
$22,617,522 |
| 28 |
$41,583,560 |
$15,346,248
$2,490,855 |
$23,746,457 |
| 29 |
$43,662,960 |
$16,115,626
$2,615,411 |
$24,931,923 |
| 30 |
$45,845,960 |
$16,923,336
$2,746,173 |
$26,176,451 |
|
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