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 West Virginia residents, the state will deduct 6.5% from your lottery earnings.
| West Virginia 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(6.5%) | $32,721,000 | | Net Lumpsum Payment | $284,460,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$16,556,100 |
$6,086,087
$1,076,147 |
$9,393,866 |
| 2 |
$17,384,400 |
$6,392,558
$1,129,986 |
$9,861,856 |
| 3 |
$18,253,400 |
$6,714,088
$1,186,471 |
$10,352,841 |
| 4 |
$19,166,400 |
$7,051,898
$1,245,816 |
$10,868,686 |
| 5 |
$20,124,500 |
$7,406,395
$1,308,093 |
$11,410,012 |
| 6 |
$21,131,000 |
$7,778,800
$1,373,515 |
$11,978,685 |
| 7 |
$22,187,000 |
$8,169,520
$1,442,155 |
$12,575,325 |
| 8 |
$23,296,900 |
$8,580,183
$1,514,299 |
$13,202,418 |
| 9 |
$24,461,800 |
$9,011,196
$1,590,017 |
$13,860,587 |
| 10 |
$25,685,000 |
$9,463,780
$1,669,525 |
$14,551,695 |
| 11 |
$26,968,700 |
$9,938,749
$1,752,966 |
$15,276,985 |
| 12 |
$28,317,300 |
$10,437,731
$1,840,625 |
$16,038,944 |
| 13 |
$29,733,000 |
$10,961,540
$1,932,645 |
$16,838,815 |
| 14 |
$31,220,200 |
$11,511,804
$2,029,313 |
$17,679,083 |
| 15 |
$32,781,100 |
$12,089,337
$2,130,772 |
$18,560,991 |
| 16 |
$34,420,100 |
$12,695,767
$2,237,307 |
$19,487,026 |
| 17 |
$36,140,500 |
$13,332,315
$2,349,133 |
$20,459,052 |
| 18 |
$37,947,800 |
$14,001,016
$2,466,607 |
$21,480,177 |
| 19 |
$39,845,300 |
$14,703,091
$2,589,945 |
$22,552,264 |
| 20 |
$41,837,400 |
$15,440,168
$2,719,431 |
$23,677,801 |
| 21 |
$43,929,600 |
$16,214,282
$2,855,424 |
$24,859,894 |
| 22 |
$46,126,300 |
$17,027,061
$2,998,210 |
$26,101,029 |
| 23 |
$48,431,900 |
$17,880,133
$3,148,074 |
$27,403,693 |
| 24 |
$50,854,100 |
$18,776,347
$3,305,517 |
$28,772,236 |
| 25 |
$53,396,200 |
$19,716,924
$3,470,753 |
$30,208,523 |
| 26 |
$56,067,000 |
$20,705,120
$3,644,355 |
$31,717,525 |
| 27 |
$58,869,800 |
$21,742,156
$3,826,537 |
$33,301,107 |
| 28 |
$61,813,400 |
$22,831,288
$4,017,871 |
$34,964,241 |
| 29 |
$64,904,400 |
$23,974,958
$4,218,786 |
$36,710,656 |
| 30 |
$68,149,400 |
$25,175,608
$4,429,711 |
$38,544,081 |
|
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