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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky 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(4.5%) | $22,653,000 | | Net Lumpsum Payment | $294,528,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$16,556,100 |
$6,086,087
$745,025 |
$9,724,988 |
| 2 |
$17,384,400 |
$6,392,558
$782,298 |
$10,209,544 |
| 3 |
$18,253,400 |
$6,714,088
$821,403 |
$10,717,909 |
| 4 |
$19,166,400 |
$7,051,898
$862,488 |
$11,252,014 |
| 5 |
$20,124,500 |
$7,406,395
$905,603 |
$11,812,502 |
| 6 |
$21,131,000 |
$7,778,800
$950,895 |
$12,401,305 |
| 7 |
$22,187,000 |
$8,169,520
$998,415 |
$13,019,065 |
| 8 |
$23,296,900 |
$8,580,183
$1,048,361 |
$13,668,356 |
| 9 |
$24,461,800 |
$9,011,196
$1,100,781 |
$14,349,823 |
| 10 |
$25,685,000 |
$9,463,780
$1,155,825 |
$15,065,395 |
| 11 |
$26,968,700 |
$9,938,749
$1,213,592 |
$15,816,359 |
| 12 |
$28,317,300 |
$10,437,731
$1,274,279 |
$16,605,290 |
| 13 |
$29,733,000 |
$10,961,540
$1,337,985 |
$17,433,475 |
| 14 |
$31,220,200 |
$11,511,804
$1,404,909 |
$18,303,487 |
| 15 |
$32,781,100 |
$12,089,337
$1,475,150 |
$19,216,613 |
| 16 |
$34,420,100 |
$12,695,767
$1,548,905 |
$20,175,428 |
| 17 |
$36,140,500 |
$13,332,315
$1,626,323 |
$21,181,862 |
| 18 |
$37,947,800 |
$14,001,016
$1,707,651 |
$22,239,133 |
| 19 |
$39,845,300 |
$14,703,091
$1,793,039 |
$23,349,170 |
| 20 |
$41,837,400 |
$15,440,168
$1,882,683 |
$24,514,549 |
| 21 |
$43,929,600 |
$16,214,282
$1,976,832 |
$25,738,486 |
| 22 |
$46,126,300 |
$17,027,061
$2,075,684 |
$27,023,555 |
| 23 |
$48,431,900 |
$17,880,133
$2,179,436 |
$28,372,331 |
| 24 |
$50,854,100 |
$18,776,347
$2,288,435 |
$29,789,318 |
| 25 |
$53,396,200 |
$19,716,924
$2,402,829 |
$31,276,447 |
| 26 |
$56,067,000 |
$20,705,120
$2,523,015 |
$32,838,865 |
| 27 |
$58,869,800 |
$21,742,156
$2,649,141 |
$34,478,503 |
| 28 |
$61,813,400 |
$22,831,288
$2,781,603 |
$36,200,509 |
| 29 |
$64,904,400 |
$23,974,958
$2,920,698 |
$38,008,744 |
| 30 |
$68,149,400 |
$25,175,608
$3,066,723 |
$39,907,069 |
|
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