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 West Virginia residents, the state will deduct 6.5% from your lottery earnings.
| West Virginia 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(6.5%) | $22,496,500 | | Net Lumpsum Payment | $195,586,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$11,137,740 |
$4,081,294
$723,953 |
$6,332,493 |
| 2 |
$11,694,960 |
$4,287,466
$760,172 |
$6,647,322 |
| 3 |
$12,279,560 |
$4,503,768
$798,171 |
$6,977,621 |
| 4 |
$12,893,760 |
$4,731,022
$838,094 |
$7,324,644 |
| 5 |
$13,538,300 |
$4,969,501
$879,990 |
$7,688,809 |
| 6 |
$14,215,400 |
$5,220,028
$924,001 |
$8,071,371 |
| 7 |
$14,925,800 |
$5,482,876
$970,177 |
$8,472,747 |
| 8 |
$15,672,460 |
$5,759,141
$1,018,710 |
$8,894,609 |
| 9 |
$16,456,120 |
$6,049,095
$1,069,648 |
$9,337,377 |
| 10 |
$17,279,000 |
$6,353,560
$1,123,135 |
$9,802,305 |
| 11 |
$18,142,580 |
$6,673,085
$1,179,268 |
$10,290,227 |
| 12 |
$19,049,820 |
$7,008,764
$1,238,238 |
$10,802,818 |
| 13 |
$20,002,200 |
$7,361,144
$1,300,143 |
$11,340,913 |
| 14 |
$21,002,680 |
$7,731,322
$1,365,174 |
$11,906,184 |
| 15 |
$22,052,740 |
$8,119,844
$1,433,428 |
$12,499,468 |
| 16 |
$23,155,340 |
$8,527,806
$1,505,097 |
$13,122,437 |
| 17 |
$24,312,700 |
$8,956,029
$1,580,326 |
$13,776,345 |
| 18 |
$25,528,520 |
$9,405,883
$1,659,354 |
$14,463,283 |
| 19 |
$26,805,020 |
$9,878,188
$1,742,326 |
$15,184,506 |
| 20 |
$28,145,160 |
$10,374,040
$1,829,435 |
$15,941,685 |
| 21 |
$29,552,640 |
$10,894,807
$1,920,922 |
$16,736,911 |
| 22 |
$31,030,420 |
$11,441,586
$2,016,977 |
$17,571,857 |
| 23 |
$32,581,460 |
$12,015,471
$2,117,795 |
$18,448,194 |
| 24 |
$34,210,940 |
$12,618,378
$2,223,711 |
$19,368,851 |
| 25 |
$35,921,080 |
$13,251,130
$2,334,870 |
$20,335,080 |
| 26 |
$37,717,800 |
$13,915,916
$2,451,657 |
$21,350,227 |
| 27 |
$39,603,320 |
$14,613,559
$2,574,216 |
$22,415,545 |
| 28 |
$41,583,560 |
$15,346,248
$2,702,931 |
$23,534,381 |
| 29 |
$43,662,960 |
$16,115,626
$2,838,092 |
$24,709,242 |
| 30 |
$45,845,960 |
$16,923,336
$2,979,987 |
$25,942,637 |
|
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