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 Kentucky residents, the state will deduct 4.5% from your lottery earnings.
| Kentucky 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(4.5%) | $25,744,500 | | Net Lumpsum Payment | $334,718,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$18,813,750 |
$6,921,418
$846,619 |
$11,045,713 |
| 2 |
$19,755,000 |
$7,269,680
$888,975 |
$11,596,345 |
| 3 |
$20,742,500 |
$7,635,055
$933,413 |
$12,174,032 |
| 4 |
$21,780,000 |
$8,018,930
$980,100 |
$12,780,970 |
| 5 |
$22,868,750 |
$8,421,768
$1,029,094 |
$13,417,888 |
| 6 |
$24,012,500 |
$8,844,955
$1,080,563 |
$14,086,982 |
| 7 |
$25,212,500 |
$9,288,955
$1,134,563 |
$14,788,982 |
| 8 |
$26,473,750 |
$9,755,618
$1,191,319 |
$15,526,813 |
| 9 |
$27,797,500 |
$10,245,405
$1,250,888 |
$16,301,207 |
| 10 |
$29,187,500 |
$10,759,705
$1,313,438 |
$17,114,357 |
| 11 |
$30,646,250 |
$11,299,443
$1,379,081 |
$17,967,726 |
| 12 |
$32,178,750 |
$11,866,468
$1,448,044 |
$18,864,238 |
| 13 |
$33,787,500 |
$12,461,705
$1,520,438 |
$19,805,357 |
| 14 |
$35,477,500 |
$13,087,005
$1,596,488 |
$20,794,007 |
| 15 |
$37,251,250 |
$13,743,293
$1,676,306 |
$21,831,651 |
| 16 |
$39,113,750 |
$14,432,418
$1,760,119 |
$22,921,213 |
| 17 |
$41,068,750 |
$15,155,768
$1,848,094 |
$24,064,888 |
| 18 |
$43,122,500 |
$15,915,655
$1,940,513 |
$25,266,332 |
| 19 |
$45,278,750 |
$16,713,468
$2,037,544 |
$26,527,738 |
| 20 |
$47,542,500 |
$17,551,055
$2,139,413 |
$27,852,032 |
| 21 |
$49,920,000 |
$18,430,730
$2,246,400 |
$29,242,870 |
| 22 |
$52,416,250 |
$19,354,343
$2,358,731 |
$30,703,176 |
| 23 |
$55,036,250 |
$20,323,743
$2,476,631 |
$32,235,876 |
| 24 |
$57,788,750 |
$21,342,168
$2,600,494 |
$33,846,088 |
| 25 |
$60,677,500 |
$22,411,005
$2,730,488 |
$35,536,007 |
| 26 |
$63,712,500 |
$23,533,955
$2,867,063 |
$37,311,482 |
| 27 |
$66,897,500 |
$24,712,405
$3,010,388 |
$39,174,707 |
| 28 |
$70,242,500 |
$25,950,055
$3,160,913 |
$41,131,532 |
| 29 |
$73,755,000 |
$27,249,680
$3,318,975 |
$43,186,345 |
| 30 |
$77,442,500 |
$28,614,055
$3,484,913 |
$45,343,532 |
|
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