The jackpot for the Powerball draw on Sat Dec 6, 2025, is projected to be $820 Million, with an option for a cash payout of $383.5 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 New York residents, the state will deduct 8.82% from your lottery earnings.
| New York Powerball Jackpot/Cash Option for Sat Dec 6, 2025 |
|---|
| Draw Date | Sat Dec 6, 2025 | | Projected Jackpot | $820,000,000 | | Cash Value | $383,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $383,500,000 | | Federal Tax(24%) | $92,040,000 | | Additional Federal Tax | $49,815,330 | | State Tax(8.82%) | $33,824,700 | | Net Lumpsum Payment | $207,819,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,341,820 |
$4,526,804
$1,088,549 |
$6,726,467 |
| 2 |
$12,959,280 |
$4,755,264
$1,143,008 |
$7,061,008 |
| 3 |
$13,607,080 |
$4,994,950
$1,200,144 |
$7,411,986 |
| 4 |
$14,287,680 |
$5,246,772
$1,260,173 |
$7,780,735 |
| 5 |
$15,001,900 |
$5,511,033
$1,323,168 |
$8,167,699 |
| 6 |
$15,752,200 |
$5,788,644
$1,389,344 |
$8,574,212 |
| 7 |
$16,539,400 |
$6,079,908
$1,458,775 |
$9,000,717 |
| 8 |
$17,366,780 |
$6,386,039
$1,531,750 |
$9,448,991 |
| 9 |
$18,235,160 |
$6,707,340
$1,608,341 |
$9,919,479 |
| 10 |
$19,147,000 |
$7,044,720
$1,688,765 |
$10,413,515 |
| 11 |
$20,103,940 |
$7,398,788
$1,773,168 |
$10,931,984 |
| 12 |
$21,109,260 |
$7,770,757
$1,861,837 |
$11,476,666 |
| 13 |
$22,164,600 |
$8,161,232
$1,954,918 |
$12,048,450 |
| 14 |
$23,273,240 |
$8,571,429
$2,052,700 |
$12,649,111 |
| 15 |
$24,436,820 |
$9,001,954
$2,155,328 |
$13,279,538 |
| 16 |
$25,658,620 |
$9,454,020
$2,263,090 |
$13,941,510 |
| 17 |
$26,941,100 |
$9,928,537
$2,376,205 |
$14,636,358 |
| 18 |
$28,288,360 |
$10,427,024
$2,495,033 |
$15,366,303 |
| 19 |
$29,702,860 |
$10,950,389
$2,619,792 |
$16,132,679 |
| 20 |
$31,187,880 |
$11,499,846
$2,750,771 |
$16,937,263 |
| 21 |
$32,747,520 |
$12,076,913
$2,888,331 |
$17,782,276 |
| 22 |
$34,385,060 |
$12,682,803
$3,032,762 |
$18,669,495 |
| 23 |
$36,103,780 |
$13,318,729
$3,184,353 |
$19,600,698 |
| 24 |
$37,909,420 |
$13,986,816
$3,343,611 |
$20,578,993 |
| 25 |
$39,804,440 |
$14,687,973
$3,510,752 |
$21,605,715 |
| 26 |
$41,795,400 |
$15,424,628
$3,686,354 |
$22,684,418 |
| 27 |
$43,884,760 |
$16,197,692
$3,870,636 |
$23,816,432 |
| 28 |
$46,079,080 |
$17,009,590
$4,064,175 |
$25,005,315 |
| 29 |
$48,383,280 |
$17,862,144
$4,267,405 |
$26,253,731 |
| 30 |
$50,802,280 |
$18,757,174
$4,480,761 |
$27,564,345 |
|
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