The jackpot for the Powerball draw on Mon Dec 22, 2025, is projected to be $1.60 Billion, with an option for a cash payout of $735.3 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 Colorado residents, the state will deduct 4% from your lottery earnings.
| Colorado Powerball Jackpot/Cash Option for Mon Dec 22, 2025 |
|---|
| Draw Date | Mon Dec 22, 2025 | | Projected Jackpot | $1,600,000,000 | | Cash Value | $735,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $735,300,000 | | Federal Tax(24%) | $176,472,000 | | Additional Federal Tax | $95,549,330 | | State Tax(4%) | $29,412,000 | | Net Lumpsum Payment | $433,866,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$24,081,600 |
$8,870,522
$963,264 |
$14,247,814 |
| 2 |
$25,286,400 |
$9,316,298
$1,011,456 |
$14,958,646 |
| 3 |
$26,550,400 |
$9,783,978
$1,062,016 |
$15,704,406 |
| 4 |
$27,878,400 |
$10,275,338
$1,115,136 |
$16,487,926 |
| 5 |
$29,272,000 |
$10,790,970
$1,170,880 |
$17,310,150 |
| 6 |
$30,736,000 |
$11,332,650
$1,229,440 |
$18,173,910 |
| 7 |
$32,272,000 |
$11,900,970
$1,290,880 |
$19,080,150 |
| 8 |
$33,886,400 |
$12,498,298
$1,355,456 |
$20,032,646 |
| 9 |
$35,580,800 |
$13,125,226
$1,423,232 |
$21,032,342 |
| 10 |
$37,360,000 |
$13,783,530
$1,494,400 |
$22,082,070 |
| 11 |
$39,227,200 |
$14,474,394
$1,569,088 |
$23,183,718 |
| 12 |
$41,188,800 |
$15,200,186
$1,647,552 |
$24,341,062 |
| 13 |
$43,248,000 |
$15,962,090
$1,729,920 |
$25,555,990 |
| 14 |
$45,411,200 |
$16,762,474
$1,816,448 |
$26,832,278 |
| 15 |
$47,681,600 |
$17,602,522
$1,907,264 |
$28,171,814 |
| 16 |
$50,065,600 |
$18,484,602
$2,002,624 |
$29,578,374 |
| 17 |
$52,568,000 |
$19,410,490
$2,102,720 |
$31,054,790 |
| 18 |
$55,196,800 |
$20,383,146
$2,207,872 |
$32,605,782 |
| 19 |
$57,956,800 |
$21,404,346
$2,318,272 |
$34,234,182 |
| 20 |
$60,854,400 |
$22,476,458
$2,434,176 |
$35,943,766 |
| 21 |
$63,897,600 |
$23,602,442
$2,555,904 |
$37,739,254 |
| 22 |
$67,092,800 |
$24,784,666
$2,683,712 |
$39,624,422 |
| 23 |
$70,446,400 |
$26,025,498
$2,817,856 |
$41,603,046 |
| 24 |
$73,969,600 |
$27,329,082
$2,958,784 |
$43,681,734 |
| 25 |
$77,667,200 |
$28,697,194
$3,106,688 |
$45,863,318 |
| 26 |
$81,552,000 |
$30,134,570
$3,262,080 |
$48,155,350 |
| 27 |
$85,628,800 |
$31,642,986
$3,425,152 |
$50,560,662 |
| 28 |
$89,910,400 |
$33,227,178
$3,596,416 |
$53,086,806 |
| 29 |
$94,406,400 |
$34,890,698
$3,776,256 |
$55,739,446 |
| 30 |
$99,126,400 |
$36,637,098
$3,965,056 |
$58,524,246 |
|
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