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 Connecticut residents, the state will deduct 6.99% from your lottery earnings.
| Connecticut 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(6.99%) | $32,244,870 | | Net Lumpsum Payment | $258,413,800 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$15,051,000 |
$5,529,200
$1,052,065 |
$8,469,735 |
| 2 |
$15,804,000 |
$5,807,810
$1,104,700 |
$8,891,490 |
| 3 |
$16,594,000 |
$6,100,110
$1,159,921 |
$9,333,969 |
| 4 |
$17,424,000 |
$6,407,210
$1,217,938 |
$9,798,852 |
| 5 |
$18,295,000 |
$6,729,480
$1,278,821 |
$10,286,699 |
| 6 |
$19,210,000 |
$7,068,030
$1,342,779 |
$10,799,191 |
| 7 |
$20,170,000 |
$7,423,230
$1,409,883 |
$11,336,887 |
| 8 |
$21,179,000 |
$7,796,560
$1,480,412 |
$11,902,028 |
| 9 |
$22,238,000 |
$8,188,390
$1,554,436 |
$12,495,174 |
| 10 |
$23,350,000 |
$8,599,830
$1,632,165 |
$13,118,005 |
| 11 |
$24,517,000 |
$9,031,620
$1,713,738 |
$13,771,642 |
| 12 |
$25,743,000 |
$9,485,240
$1,799,436 |
$14,458,324 |
| 13 |
$27,030,000 |
$9,961,430
$1,889,397 |
$15,179,173 |
| 14 |
$28,382,000 |
$10,461,670
$1,983,902 |
$15,936,428 |
| 15 |
$29,801,000 |
$10,986,700
$2,083,090 |
$16,731,210 |
| 16 |
$31,291,000 |
$11,538,000
$2,187,241 |
$17,565,759 |
| 17 |
$32,855,000 |
$12,116,680
$2,296,565 |
$18,441,755 |
| 18 |
$34,498,000 |
$12,724,590
$2,411,410 |
$19,362,000 |
| 19 |
$36,223,000 |
$13,362,840
$2,531,988 |
$20,328,172 |
| 20 |
$38,034,000 |
$14,032,910
$2,658,577 |
$21,342,513 |
| 21 |
$39,936,000 |
$14,736,650
$2,791,526 |
$22,407,824 |
| 22 |
$41,933,000 |
$15,475,540
$2,931,117 |
$23,526,343 |
| 23 |
$44,029,000 |
$16,251,060
$3,077,627 |
$24,700,313 |
| 24 |
$46,231,000 |
$17,065,800
$3,231,547 |
$25,933,653 |
| 25 |
$48,542,000 |
$17,920,870
$3,393,086 |
$27,228,044 |
| 26 |
$50,970,000 |
$18,819,230
$3,562,803 |
$28,587,967 |
| 27 |
$53,518,000 |
$19,761,990
$3,740,908 |
$30,015,102 |
| 28 |
$56,194,000 |
$20,752,110
$3,927,961 |
$31,513,929 |
| 29 |
$59,004,000 |
$21,791,810
$4,124,380 |
$33,087,810 |
| 30 |
$61,954,000 |
$22,883,310
$4,330,585 |
$34,740,105 |
|
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