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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana 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(6.75%) | $27,243,000 | | Net Lumpsum Payment | $227,064,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$13,169,625 |
$4,833,092 $888,950 |
$7,447,583 |
| 2 |
$13,828,500 |
$5,076,875 $933,424 |
$7,818,201 |
| 3 |
$14,519,750 |
$5,332,638 $980,083 |
$8,207,029 |
| 4 |
$15,246,000 |
$5,601,350 $1,029,105 |
$8,615,545 |
| 5 |
$16,008,125 |
$5,883,337 $1,080,548 |
$9,044,240 |
| 6 |
$16,808,750 |
$6,179,568 $1,134,591 |
$9,494,591 |
| 7 |
$17,648,750 |
$6,490,368 $1,191,291 |
$9,967,091 |
| 8 |
$18,531,625 |
$6,817,032 $1,250,885 |
$10,463,708 |
| 9 |
$19,458,250 |
$7,159,883 $1,313,432 |
$10,984,935 |
| 10 |
$20,431,250 |
$7,519,893 $1,379,109 |
$11,532,248 |
| 11 |
$21,452,375 |
$7,897,709 $1,448,035 |
$12,106,631 |
| 12 |
$22,525,125 |
$8,294,627 $1,520,446 |
$12,710,052 |
| 13 |
$23,651,250 |
$8,711,293 $1,596,459 |
$13,343,498 |
| 14 |
$24,834,250 |
$9,149,003 $1,676,312 |
$14,008,935 |
| 15 |
$26,075,875 |
$9,608,404 $1,760,122 |
$14,707,349 |
| 16 |
$27,379,625 |
$10,090,792 $1,848,125 |
$15,440,708 |
| 17 |
$28,748,125 |
$10,597,137 $1,940,498 |
$16,210,490 |
| 18 |
$30,185,750 |
$11,129,058 $2,037,538 |
$17,019,154 |
| 19 |
$31,695,125 |
$11,687,527 $2,139,421 |
$17,868,177 |
| 20 |
$33,279,750 |
$12,273,838 $2,246,383 |
$18,759,529 |
| 21 |
$34,944,000 |
$12,889,610 $2,358,720 |
$19,695,670 |
| 22 |
$36,691,375 |
$13,536,139 $2,476,668 |
$20,678,568 |
| 23 |
$38,525,375 |
$14,214,719 $2,600,463 |
$21,710,193 |
| 24 |
$40,452,125 |
$14,927,617 $2,730,518 |
$22,793,990 |
| 25 |
$42,474,250 |
$15,675,803 $2,867,012 |
$23,931,435 |
| 26 |
$44,598,750 |
$16,461,868 $3,010,416 |
$25,126,466 |
| 27 |
$46,828,250 |
$17,286,783 $3,160,907 |
$26,380,560 |
| 28 |
$49,169,750 |
$18,153,138 $3,318,958 |
$27,697,654 |
| 29 |
$51,628,500 |
$19,062,875 $3,484,924 |
$29,080,701 |
| 30 |
$54,209,750 |
$20,017,938 $3,659,158 |
$30,532,654 |
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