The jackpot for the Powerball draw on Sat Dec 13, 2025, is projected to be $1.00 Billion, with an option for a cash payout of $461.3 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 New York residents, the state will deduct 8.82% from your lottery earnings.
| New York Powerball Jackpot/Cash Option for Sat Dec 13, 2025 |
|---|
| Draw Date | Sat Dec 13, 2025 | | Projected Jackpot | $1,000,000,000 | | Cash Value | $461,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $461,300,000 | | Federal Tax(24%) | $110,712,000 | | Additional Federal Tax | $59,929,330 | | State Tax(8.82%) | $40,686,660 | | Net Lumpsum Payment | $249,972,010 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$15,051,000 |
$5,529,200
$1,327,498 |
$8,194,302 |
| 2 |
$15,804,000 |
$5,807,810
$1,393,913 |
$8,602,277 |
| 3 |
$16,594,000 |
$6,100,110
$1,463,591 |
$9,030,299 |
| 4 |
$17,424,000 |
$6,407,210
$1,536,797 |
$9,479,993 |
| 5 |
$18,295,000 |
$6,729,480
$1,613,619 |
$9,951,901 |
| 6 |
$19,210,000 |
$7,068,030
$1,694,322 |
$10,447,648 |
| 7 |
$20,170,000 |
$7,423,230
$1,778,994 |
$10,967,776 |
| 8 |
$21,179,000 |
$7,796,560
$1,867,988 |
$11,514,452 |
| 9 |
$22,238,000 |
$8,188,390
$1,961,392 |
$12,088,218 |
| 10 |
$23,350,000 |
$8,599,830
$2,059,470 |
$12,690,700 |
| 11 |
$24,517,000 |
$9,031,620
$2,162,399 |
$13,322,981 |
| 12 |
$25,743,000 |
$9,485,240
$2,270,533 |
$13,987,227 |
| 13 |
$27,030,000 |
$9,961,430
$2,384,046 |
$14,684,524 |
| 14 |
$28,382,000 |
$10,461,670
$2,503,292 |
$15,417,038 |
| 15 |
$29,801,000 |
$10,986,700
$2,628,448 |
$16,185,852 |
| 16 |
$31,291,000 |
$11,538,000
$2,759,866 |
$16,993,134 |
| 17 |
$32,855,000 |
$12,116,680
$2,897,811 |
$17,840,509 |
| 18 |
$34,498,000 |
$12,724,590
$3,042,724 |
$18,730,686 |
| 19 |
$36,223,000 |
$13,362,840
$3,194,869 |
$19,665,291 |
| 20 |
$38,034,000 |
$14,032,910
$3,354,599 |
$20,646,491 |
| 21 |
$39,936,000 |
$14,736,650
$3,522,355 |
$21,676,995 |
| 22 |
$41,933,000 |
$15,475,540
$3,698,491 |
$22,758,969 |
| 23 |
$44,029,000 |
$16,251,060
$3,883,358 |
$23,894,582 |
| 24 |
$46,231,000 |
$17,065,800
$4,077,574 |
$25,087,626 |
| 25 |
$48,542,000 |
$17,920,870
$4,281,404 |
$26,339,726 |
| 26 |
$50,970,000 |
$18,819,230
$4,495,554 |
$27,655,216 |
| 27 |
$53,518,000 |
$19,761,990
$4,720,288 |
$29,035,722 |
| 28 |
$56,194,000 |
$20,752,110
$4,956,311 |
$30,485,579 |
| 29 |
$59,004,000 |
$21,791,810
$5,204,153 |
$32,008,037 |
| 30 |
$61,954,000 |
$22,883,310
$5,464,343 |
$33,606,347 |
|
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