The jackpot for the Powerball draw on Sat Dec 13, 2025, is projected to be $1.00 Billion, with an option for a cash payout of $461.3 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 Minnesota residents, the state will deduct 7.25% from your lottery earnings.
| Minnesota Powerball Jackpot/Cash Option for Sat Dec 13, 2025 |
|---|
| Draw Date | Sat Dec 13, 2025 | | Projected Jackpot | $1,000,000,000 | | Cash Value | $461,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $461,300,000 | | Federal Tax(24%) | $110,712,000 | | Additional Federal Tax | $59,929,330 | | State Tax(7.25%) | $33,444,250 | | Net Lumpsum Payment | $257,214,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$15,051,000 |
$5,529,200
$1,091,198 |
$8,430,602 |
| 2 |
$15,804,000 |
$5,807,810
$1,145,790 |
$8,850,400 |
| 3 |
$16,594,000 |
$6,100,110
$1,203,065 |
$9,290,825 |
| 4 |
$17,424,000 |
$6,407,210
$1,263,240 |
$9,753,550 |
| 5 |
$18,295,000 |
$6,729,480
$1,326,388 |
$10,239,132 |
| 6 |
$19,210,000 |
$7,068,030
$1,392,725 |
$10,749,245 |
| 7 |
$20,170,000 |
$7,423,230
$1,462,325 |
$11,284,445 |
| 8 |
$21,179,000 |
$7,796,560
$1,535,478 |
$11,846,962 |
| 9 |
$22,238,000 |
$8,188,390
$1,612,255 |
$12,437,355 |
| 10 |
$23,350,000 |
$8,599,830
$1,692,875 |
$13,057,295 |
| 11 |
$24,517,000 |
$9,031,620
$1,777,483 |
$13,707,897 |
| 12 |
$25,743,000 |
$9,485,240
$1,866,368 |
$14,391,392 |
| 13 |
$27,030,000 |
$9,961,430
$1,959,675 |
$15,108,895 |
| 14 |
$28,382,000 |
$10,461,670
$2,057,695 |
$15,862,635 |
| 15 |
$29,801,000 |
$10,986,700
$2,160,573 |
$16,653,727 |
| 16 |
$31,291,000 |
$11,538,000
$2,268,598 |
$17,484,402 |
| 17 |
$32,855,000 |
$12,116,680
$2,381,988 |
$18,356,332 |
| 18 |
$34,498,000 |
$12,724,590
$2,501,105 |
$19,272,305 |
| 19 |
$36,223,000 |
$13,362,840
$2,626,168 |
$20,233,992 |
| 20 |
$38,034,000 |
$14,032,910
$2,757,465 |
$21,243,625 |
| 21 |
$39,936,000 |
$14,736,650
$2,895,360 |
$22,303,990 |
| 22 |
$41,933,000 |
$15,475,540
$3,040,143 |
$23,417,317 |
| 23 |
$44,029,000 |
$16,251,060
$3,192,103 |
$24,585,837 |
| 24 |
$46,231,000 |
$17,065,800
$3,351,748 |
$25,813,452 |
| 25 |
$48,542,000 |
$17,920,870
$3,519,295 |
$27,101,835 |
| 26 |
$50,970,000 |
$18,819,230
$3,695,325 |
$28,455,445 |
| 27 |
$53,518,000 |
$19,761,990
$3,880,055 |
$29,875,955 |
| 28 |
$56,194,000 |
$20,752,110
$4,074,065 |
$31,367,825 |
| 29 |
$59,004,000 |
$21,791,810
$4,277,790 |
$32,934,400 |
| 30 |
$61,954,000 |
$22,883,310
$4,491,665 |
$34,579,025 |
|
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