The jackpot for the Powerball draw on Mon Dec 15, 2025, is projected to be $1.10 Billion, with an option for a cash payout of $503.4 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC Powerball Jackpot/Cash Option for Mon Dec 15, 2025 |
|---|
| Draw Date | Mon Dec 15, 2025 | | Projected Jackpot | $1,100,000,000 | | Cash Value | $503,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $503,400,000 | | Federal Tax(24%) | $120,816,000 | | Additional Federal Tax | $65,402,330 | | State Tax(10.75%) | $54,115,500 | | Net Lumpsum Payment | $263,066,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$16,556,100 |
$6,086,087
$1,779,781 |
$8,690,232 |
| 2 |
$17,384,400 |
$6,392,558
$1,868,823 |
$9,123,019 |
| 3 |
$18,253,400 |
$6,714,088
$1,962,241 |
$9,577,071 |
| 4 |
$19,166,400 |
$7,051,898
$2,060,388 |
$10,054,114 |
| 5 |
$20,124,500 |
$7,406,395
$2,163,384 |
$10,554,721 |
| 6 |
$21,131,000 |
$7,778,800
$2,271,583 |
$11,080,617 |
| 7 |
$22,187,000 |
$8,169,520
$2,385,103 |
$11,632,377 |
| 8 |
$23,296,900 |
$8,580,183
$2,504,417 |
$12,212,300 |
| 9 |
$24,461,800 |
$9,011,196
$2,629,644 |
$12,820,960 |
| 10 |
$25,685,000 |
$9,463,780
$2,761,138 |
$13,460,082 |
| 11 |
$26,968,700 |
$9,938,749
$2,899,135 |
$14,130,816 |
| 12 |
$28,317,300 |
$10,437,731
$3,044,110 |
$14,835,459 |
| 13 |
$29,733,000 |
$10,961,540
$3,196,298 |
$15,575,162 |
| 14 |
$31,220,200 |
$11,511,804
$3,356,172 |
$16,352,224 |
| 15 |
$32,781,100 |
$12,089,337
$3,523,968 |
$17,167,795 |
| 16 |
$34,420,100 |
$12,695,767
$3,700,161 |
$18,024,172 |
| 17 |
$36,140,500 |
$13,332,315
$3,885,104 |
$18,923,081 |
| 18 |
$37,947,800 |
$14,001,016
$4,079,389 |
$19,867,395 |
| 19 |
$39,845,300 |
$14,703,091
$4,283,370 |
$20,858,839 |
| 20 |
$41,837,400 |
$15,440,168
$4,497,521 |
$21,899,711 |
| 21 |
$43,929,600 |
$16,214,282
$4,722,432 |
$22,992,886 |
| 22 |
$46,126,300 |
$17,027,061
$4,958,577 |
$24,140,662 |
| 23 |
$48,431,900 |
$17,880,133
$5,206,429 |
$25,345,338 |
| 24 |
$50,854,100 |
$18,776,347
$5,466,816 |
$26,610,937 |
| 25 |
$53,396,200 |
$19,716,924
$5,740,092 |
$27,939,184 |
| 26 |
$56,067,000 |
$20,705,120
$6,027,203 |
$29,334,677 |
| 27 |
$58,869,800 |
$21,742,156
$6,328,504 |
$30,799,140 |
| 28 |
$61,813,400 |
$22,831,288
$6,644,941 |
$32,337,171 |
| 29 |
$64,904,400 |
$23,974,958
$6,977,223 |
$33,952,219 |
| 30 |
$68,149,400 |
$25,175,608
$7,326,061 |
$35,647,731 |
|
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