The jackpot for the Powerball draw on Wed Dec 17, 2025, is projected to be $1.25 Billion, with an option for a cash payout of $572.1 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 Arizona residents, the state will deduct 2.5% from your lottery earnings.
| Arizona Powerball Jackpot/Cash Option for Wed Dec 17, 2025 |
|---|
| Draw Date | Wed Dec 17, 2025 | | Projected Jackpot | $1,250,000,000 | | Cash Value | $572,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $572,100,000 | | Federal Tax(24%) | $137,304,000 | | Additional Federal Tax | $74,333,330 | | State Tax(2.5%) | $14,302,500 | | Net Lumpsum Payment | $346,160,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$18,813,750 |
$6,921,418 $470,344 |
$11,421,988 |
| 2 |
$19,755,000 |
$7,269,680 $493,875 |
$11,991,445 |
| 3 |
$20,742,500 |
$7,635,055 $518,563 |
$12,588,882 |
| 4 |
$21,780,000 |
$8,018,930 $544,500 |
$13,216,570 |
| 5 |
$22,868,750 |
$8,421,768 $571,719 |
$13,875,263 |
| 6 |
$24,012,500 |
$8,844,955 $600,313 |
$14,567,232 |
| 7 |
$25,212,500 |
$9,288,955 $630,313 |
$15,293,232 |
| 8 |
$26,473,750 |
$9,755,618 $661,844 |
$16,056,288 |
| 9 |
$27,797,500 |
$10,245,405 $694,938 |
$16,857,157 |
| 10 |
$29,187,500 |
$10,759,705 $729,688 |
$17,698,107 |
| 11 |
$30,646,250 |
$11,299,443 $766,156 |
$18,580,651 |
| 12 |
$32,178,750 |
$11,866,468 $804,469 |
$19,507,813 |
| 13 |
$33,787,500 |
$12,461,705 $844,688 |
$20,481,107 |
| 14 |
$35,477,500 |
$13,087,005 $886,938 |
$21,503,557 |
| 15 |
$37,251,250 |
$13,743,293 $931,281 |
$22,576,676 |
| 16 |
$39,113,750 |
$14,432,418 $977,844 |
$23,703,488 |
| 17 |
$41,068,750 |
$15,155,768 $1,026,719 |
$24,886,263 |
| 18 |
$43,122,500 |
$15,915,655 $1,078,063 |
$26,128,782 |
| 19 |
$45,278,750 |
$16,713,468 $1,131,969 |
$27,433,313 |
| 20 |
$47,542,500 |
$17,551,055 $1,188,563 |
$28,802,882 |
| 21 |
$49,920,000 |
$18,430,730 $1,248,000 |
$30,241,270 |
| 22 |
$52,416,250 |
$19,354,343 $1,310,406 |
$31,751,501 |
| 23 |
$55,036,250 |
$20,323,743 $1,375,906 |
$33,336,601 |
| 24 |
$57,788,750 |
$21,342,168 $1,444,719 |
$35,001,863 |
| 25 |
$60,677,500 |
$22,411,005 $1,516,938 |
$36,749,557 |
| 26 |
$63,712,500 |
$23,533,955 $1,592,813 |
$38,585,732 |
| 27 |
$66,897,500 |
$24,712,405 $1,672,438 |
$40,512,657 |
| 28 |
$70,242,500 |
$25,950,055 $1,756,063 |
$42,536,382 |
| 29 |
$73,755,000 |
$27,249,680 $1,843,875 |
$44,661,445 |
| 30 |
$77,442,500 |
$28,614,055 $1,936,063 |
$46,892,382 |
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