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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana 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(4.75%) | $23,911,500 | | Net Lumpsum Payment | $293,270,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$16,556,100 |
$6,086,087 $786,415 |
$9,683,598 |
| 2 |
$17,384,400 |
$6,392,558 $825,759 |
$10,166,083 |
| 3 |
$18,253,400 |
$6,714,088 $867,037 |
$10,672,275 |
| 4 |
$19,166,400 |
$7,051,898 $910,404 |
$11,204,098 |
| 5 |
$20,124,500 |
$7,406,395 $955,914 |
$11,762,191 |
| 6 |
$21,131,000 |
$7,778,800 $1,003,723 |
$12,348,477 |
| 7 |
$22,187,000 |
$8,169,520 $1,053,883 |
$12,963,597 |
| 8 |
$23,296,900 |
$8,580,183 $1,106,603 |
$13,610,114 |
| 9 |
$24,461,800 |
$9,011,196 $1,161,936 |
$14,288,668 |
| 10 |
$25,685,000 |
$9,463,780 $1,220,038 |
$15,001,182 |
| 11 |
$26,968,700 |
$9,938,749 $1,281,013 |
$15,748,938 |
| 12 |
$28,317,300 |
$10,437,731 $1,345,072 |
$16,534,497 |
| 13 |
$29,733,000 |
$10,961,540 $1,412,318 |
$17,359,142 |
| 14 |
$31,220,200 |
$11,511,804 $1,482,960 |
$18,225,436 |
| 15 |
$32,781,100 |
$12,089,337 $1,557,102 |
$19,134,661 |
| 16 |
$34,420,100 |
$12,695,767 $1,634,955 |
$20,089,378 |
| 17 |
$36,140,500 |
$13,332,315 $1,716,674 |
$21,091,511 |
| 18 |
$37,947,800 |
$14,001,016 $1,802,521 |
$22,144,263 |
| 19 |
$39,845,300 |
$14,703,091 $1,892,652 |
$23,249,557 |
| 20 |
$41,837,400 |
$15,440,168 $1,987,277 |
$24,409,955 |
| 21 |
$43,929,600 |
$16,214,282 $2,086,656 |
$25,628,662 |
| 22 |
$46,126,300 |
$17,027,061 $2,190,999 |
$26,908,240 |
| 23 |
$48,431,900 |
$17,880,133 $2,300,515 |
$28,251,252 |
| 24 |
$50,854,100 |
$18,776,347 $2,415,570 |
$29,662,183 |
| 25 |
$53,396,200 |
$19,716,924 $2,536,320 |
$31,142,956 |
| 26 |
$56,067,000 |
$20,705,120 $2,663,183 |
$32,698,697 |
| 27 |
$58,869,800 |
$21,742,156 $2,796,316 |
$34,331,328 |
| 28 |
$61,813,400 |
$22,831,288 $2,936,137 |
$36,045,975 |
| 29 |
$64,904,400 |
$23,974,958 $3,082,959 |
$37,846,483 |
| 30 |
$68,149,400 |
$25,175,608 $3,237,097 |
$39,736,695 |
|
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