The jackpot for the Powerball draw on Mon Dec 8, 2025, is projected to be $875 Million, with an option for a cash payout of $403.6 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho Powerball Jackpot/Cash Option for Mon Dec 8, 2025 |
|---|
| Draw Date | Mon Dec 8, 2025 | | Projected Jackpot | $875,000,000 | | Cash Value | $403,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $403,600,000 | | Federal Tax(24%) | $96,864,000 | | Additional Federal Tax | $52,428,330 | | State Tax(5.8%) | $23,408,800 | | Net Lumpsum Payment | $230,898,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$13,169,625 |
$4,833,092
$763,838 |
$7,572,695 |
| 2 |
$13,828,500 |
$5,076,875
$802,053 |
$7,949,572 |
| 3 |
$14,519,750 |
$5,332,638
$842,146 |
$8,344,966 |
| 4 |
$15,246,000 |
$5,601,350
$884,268 |
$8,760,382 |
| 5 |
$16,008,125 |
$5,883,337
$928,471 |
$9,196,317 |
| 6 |
$16,808,750 |
$6,179,568
$974,908 |
$9,654,274 |
| 7 |
$17,648,750 |
$6,490,368
$1,023,628 |
$10,134,754 |
| 8 |
$18,531,625 |
$6,817,032
$1,074,834 |
$10,639,759 |
| 9 |
$19,458,250 |
$7,159,883
$1,128,579 |
$11,169,788 |
| 10 |
$20,431,250 |
$7,519,893
$1,185,013 |
$11,726,344 |
| 11 |
$21,452,375 |
$7,897,709
$1,244,238 |
$12,310,428 |
| 12 |
$22,525,125 |
$8,294,627
$1,306,457 |
$12,924,041 |
| 13 |
$23,651,250 |
$8,711,293
$1,371,773 |
$13,568,184 |
| 14 |
$24,834,250 |
$9,149,003
$1,440,387 |
$14,244,860 |
| 15 |
$26,075,875 |
$9,608,404
$1,512,401 |
$14,955,070 |
| 16 |
$27,379,625 |
$10,090,792
$1,588,018 |
$15,700,815 |
| 17 |
$28,748,125 |
$10,597,137
$1,667,391 |
$16,483,597 |
| 18 |
$30,185,750 |
$11,129,058
$1,750,774 |
$17,305,918 |
| 19 |
$31,695,125 |
$11,687,527
$1,838,317 |
$18,169,281 |
| 20 |
$33,279,750 |
$12,273,838
$1,930,226 |
$19,075,686 |
| 21 |
$34,944,000 |
$12,889,610
$2,026,752 |
$20,027,638 |
| 22 |
$36,691,375 |
$13,536,139
$2,128,100 |
$21,027,136 |
| 23 |
$38,525,375 |
$14,214,719
$2,234,472 |
$22,076,184 |
| 24 |
$40,452,125 |
$14,927,617
$2,346,223 |
$23,178,285 |
| 25 |
$42,474,250 |
$15,675,803
$2,463,507 |
$24,334,940 |
| 26 |
$44,598,750 |
$16,461,868
$2,586,728 |
$25,550,154 |
| 27 |
$46,828,250 |
$17,286,783
$2,716,039 |
$26,825,428 |
| 28 |
$49,169,750 |
$18,153,138
$2,851,846 |
$28,164,766 |
| 29 |
$51,628,500 |
$19,062,875
$2,994,453 |
$29,571,172 |
| 30 |
$54,209,750 |
$20,017,938
$3,144,166 |
$31,047,646 |
|
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