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 Virginia residents, the state will deduct 4% from your lottery earnings.
| Virginia 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(4%) | $18,452,000 | | Net Lumpsum Payment | $272,206,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$15,051,000 |
$5,529,200
$602,040 |
$8,919,760 |
| 2 |
$15,804,000 |
$5,807,810
$632,160 |
$9,364,030 |
| 3 |
$16,594,000 |
$6,100,110
$663,760 |
$9,830,130 |
| 4 |
$17,424,000 |
$6,407,210
$696,960 |
$10,319,830 |
| 5 |
$18,295,000 |
$6,729,480
$731,800 |
$10,833,720 |
| 6 |
$19,210,000 |
$7,068,030
$768,400 |
$11,373,570 |
| 7 |
$20,170,000 |
$7,423,230
$806,800 |
$11,939,970 |
| 8 |
$21,179,000 |
$7,796,560
$847,160 |
$12,535,280 |
| 9 |
$22,238,000 |
$8,188,390
$889,520 |
$13,160,090 |
| 10 |
$23,350,000 |
$8,599,830
$934,000 |
$13,816,170 |
| 11 |
$24,517,000 |
$9,031,620
$980,680 |
$14,504,700 |
| 12 |
$25,743,000 |
$9,485,240
$1,029,720 |
$15,228,040 |
| 13 |
$27,030,000 |
$9,961,430
$1,081,200 |
$15,987,370 |
| 14 |
$28,382,000 |
$10,461,670
$1,135,280 |
$16,785,050 |
| 15 |
$29,801,000 |
$10,986,700
$1,192,040 |
$17,622,260 |
| 16 |
$31,291,000 |
$11,538,000
$1,251,640 |
$18,501,360 |
| 17 |
$32,855,000 |
$12,116,680
$1,314,200 |
$19,424,120 |
| 18 |
$34,498,000 |
$12,724,590
$1,379,920 |
$20,393,490 |
| 19 |
$36,223,000 |
$13,362,840
$1,448,920 |
$21,411,240 |
| 20 |
$38,034,000 |
$14,032,910
$1,521,360 |
$22,479,730 |
| 21 |
$39,936,000 |
$14,736,650
$1,597,440 |
$23,601,910 |
| 22 |
$41,933,000 |
$15,475,540
$1,677,320 |
$24,780,140 |
| 23 |
$44,029,000 |
$16,251,060
$1,761,160 |
$26,016,780 |
| 24 |
$46,231,000 |
$17,065,800
$1,849,240 |
$27,315,960 |
| 25 |
$48,542,000 |
$17,920,870
$1,941,680 |
$28,679,450 |
| 26 |
$50,970,000 |
$18,819,230
$2,038,800 |
$30,111,970 |
| 27 |
$53,518,000 |
$19,761,990
$2,140,720 |
$31,615,290 |
| 28 |
$56,194,000 |
$20,752,110
$2,247,760 |
$33,194,130 |
| 29 |
$59,004,000 |
$21,791,810
$2,360,160 |
$34,852,030 |
| 30 |
$61,954,000 |
$22,883,310
$2,478,160 |
$36,592,530 |
|
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