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 Rhode Island residents, the state will deduct 5.99% from your lottery earnings.
| Rhode Island 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(5.99%) | $30,153,660 | | Net Lumpsum Payment | $287,028,010 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$16,556,100 |
$6,086,087
$991,710 |
$9,478,303 |
| 2 |
$17,384,400 |
$6,392,558
$1,041,326 |
$9,950,516 |
| 3 |
$18,253,400 |
$6,714,088
$1,093,379 |
$10,445,933 |
| 4 |
$19,166,400 |
$7,051,898
$1,148,067 |
$10,966,435 |
| 5 |
$20,124,500 |
$7,406,395
$1,205,458 |
$11,512,647 |
| 6 |
$21,131,000 |
$7,778,800
$1,265,747 |
$12,086,453 |
| 7 |
$22,187,000 |
$8,169,520
$1,329,001 |
$12,688,479 |
| 8 |
$23,296,900 |
$8,580,183
$1,395,484 |
$13,321,233 |
| 9 |
$24,461,800 |
$9,011,196
$1,465,262 |
$13,985,342 |
| 10 |
$25,685,000 |
$9,463,780
$1,538,532 |
$14,682,688 |
| 11 |
$26,968,700 |
$9,938,749
$1,615,425 |
$15,414,526 |
| 12 |
$28,317,300 |
$10,437,731
$1,696,206 |
$16,183,363 |
| 13 |
$29,733,000 |
$10,961,540
$1,781,007 |
$16,990,453 |
| 14 |
$31,220,200 |
$11,511,804
$1,870,090 |
$17,838,306 |
| 15 |
$32,781,100 |
$12,089,337
$1,963,588 |
$18,728,175 |
| 16 |
$34,420,100 |
$12,695,767
$2,061,764 |
$19,662,569 |
| 17 |
$36,140,500 |
$13,332,315
$2,164,816 |
$20,643,369 |
| 18 |
$37,947,800 |
$14,001,016
$2,273,073 |
$21,673,711 |
| 19 |
$39,845,300 |
$14,703,091
$2,386,733 |
$22,755,476 |
| 20 |
$41,837,400 |
$15,440,168
$2,506,060 |
$23,891,172 |
| 21 |
$43,929,600 |
$16,214,282
$2,631,383 |
$25,083,935 |
| 22 |
$46,126,300 |
$17,027,061
$2,762,965 |
$26,336,274 |
| 23 |
$48,431,900 |
$17,880,133
$2,901,071 |
$27,650,696 |
| 24 |
$50,854,100 |
$18,776,347
$3,046,161 |
$29,031,592 |
| 25 |
$53,396,200 |
$19,716,924
$3,198,432 |
$30,480,844 |
| 26 |
$56,067,000 |
$20,705,120
$3,358,413 |
$32,003,467 |
| 27 |
$58,869,800 |
$21,742,156
$3,526,301 |
$33,601,343 |
| 28 |
$61,813,400 |
$22,831,288
$3,702,623 |
$35,279,489 |
| 29 |
$64,904,400 |
$23,974,958
$3,887,774 |
$37,041,668 |
| 30 |
$68,149,400 |
$25,175,608
$4,082,149 |
$38,891,643 |
|
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