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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania 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(3.07%) | $15,454,380 | | Net Lumpsum Payment | $301,727,290 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$16,556,100 |
$6,086,087
$508,272 |
$9,961,741 |
| 2 |
$17,384,400 |
$6,392,558
$533,701 |
$10,458,141 |
| 3 |
$18,253,400 |
$6,714,088
$560,379 |
$10,978,933 |
| 4 |
$19,166,400 |
$7,051,898
$588,408 |
$11,526,094 |
| 5 |
$20,124,500 |
$7,406,395
$617,822 |
$12,100,283 |
| 6 |
$21,131,000 |
$7,778,800
$648,722 |
$12,703,478 |
| 7 |
$22,187,000 |
$8,169,520
$681,141 |
$13,336,339 |
| 8 |
$23,296,900 |
$8,580,183
$715,215 |
$14,001,502 |
| 9 |
$24,461,800 |
$9,011,196
$750,977 |
$14,699,627 |
| 10 |
$25,685,000 |
$9,463,780
$788,530 |
$15,432,690 |
| 11 |
$26,968,700 |
$9,938,749
$827,939 |
$16,202,012 |
| 12 |
$28,317,300 |
$10,437,731
$869,341 |
$17,010,228 |
| 13 |
$29,733,000 |
$10,961,540
$912,803 |
$17,858,657 |
| 14 |
$31,220,200 |
$11,511,804
$958,460 |
$18,749,936 |
| 15 |
$32,781,100 |
$12,089,337
$1,006,380 |
$19,685,383 |
| 16 |
$34,420,100 |
$12,695,767
$1,056,697 |
$20,667,636 |
| 17 |
$36,140,500 |
$13,332,315
$1,109,513 |
$21,698,672 |
| 18 |
$37,947,800 |
$14,001,016
$1,164,997 |
$22,781,787 |
| 19 |
$39,845,300 |
$14,703,091
$1,223,251 |
$23,918,958 |
| 20 |
$41,837,400 |
$15,440,168
$1,284,408 |
$25,112,824 |
| 21 |
$43,929,600 |
$16,214,282
$1,348,639 |
$26,366,679 |
| 22 |
$46,126,300 |
$17,027,061
$1,416,077 |
$27,683,162 |
| 23 |
$48,431,900 |
$17,880,133
$1,486,859 |
$29,064,908 |
| 24 |
$50,854,100 |
$18,776,347
$1,561,221 |
$30,516,532 |
| 25 |
$53,396,200 |
$19,716,924
$1,639,263 |
$32,040,013 |
| 26 |
$56,067,000 |
$20,705,120
$1,721,257 |
$33,640,623 |
| 27 |
$58,869,800 |
$21,742,156
$1,807,303 |
$35,320,341 |
| 28 |
$61,813,400 |
$22,831,288
$1,897,671 |
$37,084,441 |
| 29 |
$64,904,400 |
$23,974,958
$1,992,565 |
$38,936,877 |
| 30 |
$68,149,400 |
$25,175,608
$2,092,187 |
$40,881,605 |
|
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