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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana 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(6.75%) | $46,338,750 | | Net Lumpsum Payment | $386,195,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$22,576,500 |
$8,313,635
$1,523,914 |
$12,738,951 |
| 2 |
$23,706,000 |
$8,731,550
$1,600,155 |
$13,374,295 |
| 3 |
$24,891,000 |
$9,170,000
$1,680,143 |
$14,040,857 |
| 4 |
$26,136,000 |
$9,630,650
$1,764,180 |
$14,741,170 |
| 5 |
$27,442,500 |
$10,114,055
$1,852,369 |
$15,476,076 |
| 6 |
$28,815,000 |
$10,621,880
$1,945,013 |
$16,248,107 |
| 7 |
$30,255,000 |
$11,154,680
$2,042,213 |
$17,058,107 |
| 8 |
$31,768,500 |
$11,714,675
$2,144,374 |
$17,909,451 |
| 9 |
$33,357,000 |
$12,302,420
$2,251,598 |
$18,802,982 |
| 10 |
$35,025,000 |
$12,919,580
$2,364,188 |
$19,741,232 |
| 11 |
$36,775,500 |
$13,567,265
$2,482,346 |
$20,725,889 |
| 12 |
$38,614,500 |
$14,247,695
$2,606,479 |
$21,760,326 |
| 13 |
$40,545,000 |
$14,961,980
$2,736,788 |
$22,846,232 |
| 14 |
$42,573,000 |
$15,712,340
$2,873,678 |
$23,986,982 |
| 15 |
$44,701,500 |
$16,499,885
$3,017,351 |
$25,184,264 |
| 16 |
$46,936,500 |
$17,326,835
$3,168,214 |
$26,441,451 |
| 17 |
$49,282,500 |
$18,194,855
$3,326,569 |
$27,761,076 |
| 18 |
$51,747,000 |
$19,106,720
$3,492,923 |
$29,147,357 |
| 19 |
$54,334,500 |
$20,064,095
$3,667,579 |
$30,602,826 |
| 20 |
$57,051,000 |
$21,069,200
$3,850,943 |
$32,130,857 |
| 21 |
$59,904,000 |
$22,124,810
$4,043,520 |
$33,735,670 |
| 22 |
$62,899,500 |
$23,233,145
$4,245,716 |
$35,420,639 |
| 23 |
$66,043,500 |
$24,396,425
$4,457,936 |
$37,189,139 |
| 24 |
$69,346,500 |
$25,618,535
$4,680,889 |
$39,047,076 |
| 25 |
$72,813,000 |
$26,901,140
$4,914,878 |
$40,996,982 |
| 26 |
$76,455,000 |
$28,248,680
$5,160,713 |
$43,045,607 |
| 27 |
$80,277,000 |
$29,662,820
$5,418,698 |
$45,195,482 |
| 28 |
$84,291,000 |
$31,148,000
$5,689,643 |
$47,453,357 |
| 29 |
$88,506,000 |
$32,707,550
$5,974,155 |
$49,824,295 |
| 30 |
$92,931,000 |
$34,344,800
$6,272,843 |
$52,313,357 |
|
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