The jackpot for the Powerball draw on Sat Dec 20, 2025, is projected to be $1.50 Billion, with an option for a cash payout of $686.5 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 Sat Dec 20, 2025 |
|---|
| Draw Date | Sat Dec 20, 2025 | | Projected Jackpot | $1,500,000,000 | | Cash Value | $686,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $686,500,000 | | Federal Tax(24%) | $164,760,000 | | Additional Federal Tax | $89,205,330 | | State Tax(5.8%) | $39,817,000 | | Net Lumpsum Payment | $392,717,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$22,576,500 |
$8,313,635
$1,309,437 |
$12,953,428 |
| 2 |
$23,706,000 |
$8,731,550
$1,374,948 |
$13,599,502 |
| 3 |
$24,891,000 |
$9,170,000
$1,443,678 |
$14,277,322 |
| 4 |
$26,136,000 |
$9,630,650
$1,515,888 |
$14,989,462 |
| 5 |
$27,442,500 |
$10,114,055
$1,591,665 |
$15,736,780 |
| 6 |
$28,815,000 |
$10,621,880
$1,671,270 |
$16,521,850 |
| 7 |
$30,255,000 |
$11,154,680
$1,754,790 |
$17,345,530 |
| 8 |
$31,768,500 |
$11,714,675
$1,842,573 |
$18,211,252 |
| 9 |
$33,357,000 |
$12,302,420
$1,934,706 |
$19,119,874 |
| 10 |
$35,025,000 |
$12,919,580
$2,031,450 |
$20,073,970 |
| 11 |
$36,775,500 |
$13,567,265
$2,132,979 |
$21,075,256 |
| 12 |
$38,614,500 |
$14,247,695
$2,239,641 |
$22,127,164 |
| 13 |
$40,545,000 |
$14,961,980
$2,351,610 |
$23,231,410 |
| 14 |
$42,573,000 |
$15,712,340
$2,469,234 |
$24,391,426 |
| 15 |
$44,701,500 |
$16,499,885
$2,592,687 |
$25,608,928 |
| 16 |
$46,936,500 |
$17,326,835
$2,722,317 |
$26,887,348 |
| 17 |
$49,282,500 |
$18,194,855
$2,858,385 |
$28,229,260 |
| 18 |
$51,747,000 |
$19,106,720
$3,001,326 |
$29,638,954 |
| 19 |
$54,334,500 |
$20,064,095
$3,151,401 |
$31,119,004 |
| 20 |
$57,051,000 |
$21,069,200
$3,308,958 |
$32,672,842 |
| 21 |
$59,904,000 |
$22,124,810
$3,474,432 |
$34,304,758 |
| 22 |
$62,899,500 |
$23,233,145
$3,648,171 |
$36,018,184 |
| 23 |
$66,043,500 |
$24,396,425
$3,830,523 |
$37,816,552 |
| 24 |
$69,346,500 |
$25,618,535
$4,022,097 |
$39,705,868 |
| 25 |
$72,813,000 |
$26,901,140
$4,223,154 |
$41,688,706 |
| 26 |
$76,455,000 |
$28,248,680
$4,434,390 |
$43,771,930 |
| 27 |
$80,277,000 |
$29,662,820
$4,656,066 |
$45,958,114 |
| 28 |
$84,291,000 |
$31,148,000
$4,888,878 |
$48,254,122 |
| 29 |
$88,506,000 |
$32,707,550
$5,133,348 |
$50,665,102 |
| 30 |
$92,931,000 |
$34,344,800
$5,389,998 |
$53,196,202 |
|
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