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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania 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(3.07%) | $17,563,470 | | Net Lumpsum Payment | $342,899,200 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$18,813,750 |
$6,921,418
$577,582 |
$11,314,750 |
| 2 |
$19,755,000 |
$7,269,680
$606,479 |
$11,878,841 |
| 3 |
$20,742,500 |
$7,635,055
$636,795 |
$12,470,650 |
| 4 |
$21,780,000 |
$8,018,930
$668,646 |
$13,092,424 |
| 5 |
$22,868,750 |
$8,421,768
$702,071 |
$13,744,911 |
| 6 |
$24,012,500 |
$8,844,955
$737,184 |
$14,430,361 |
| 7 |
$25,212,500 |
$9,288,955
$774,024 |
$15,149,521 |
| 8 |
$26,473,750 |
$9,755,618
$812,744 |
$15,905,388 |
| 9 |
$27,797,500 |
$10,245,405
$853,383 |
$16,698,712 |
| 10 |
$29,187,500 |
$10,759,705
$896,056 |
$17,531,739 |
| 11 |
$30,646,250 |
$11,299,443
$940,840 |
$18,405,967 |
| 12 |
$32,178,750 |
$11,866,468
$987,888 |
$19,324,394 |
| 13 |
$33,787,500 |
$12,461,705
$1,037,276 |
$20,288,519 |
| 14 |
$35,477,500 |
$13,087,005
$1,089,159 |
$21,301,336 |
| 15 |
$37,251,250 |
$13,743,293
$1,143,613 |
$22,364,344 |
| 16 |
$39,113,750 |
$14,432,418
$1,200,792 |
$23,480,540 |
| 17 |
$41,068,750 |
$15,155,768
$1,260,811 |
$24,652,171 |
| 18 |
$43,122,500 |
$15,915,655
$1,323,861 |
$25,882,984 |
| 19 |
$45,278,750 |
$16,713,468
$1,390,058 |
$27,175,224 |
| 20 |
$47,542,500 |
$17,551,055
$1,459,555 |
$28,531,890 |
| 21 |
$49,920,000 |
$18,430,730
$1,532,544 |
$29,956,726 |
| 22 |
$52,416,250 |
$19,354,343
$1,609,179 |
$31,452,728 |
| 23 |
$55,036,250 |
$20,323,743
$1,689,613 |
$33,022,894 |
| 24 |
$57,788,750 |
$21,342,168
$1,774,115 |
$34,672,467 |
| 25 |
$60,677,500 |
$22,411,005
$1,862,799 |
$36,403,696 |
| 26 |
$63,712,500 |
$23,533,955
$1,955,974 |
$38,222,571 |
| 27 |
$66,897,500 |
$24,712,405
$2,053,753 |
$40,131,342 |
| 28 |
$70,242,500 |
$25,950,055
$2,156,445 |
$42,136,000 |
| 29 |
$73,755,000 |
$27,249,680
$2,264,279 |
$44,241,041 |
| 30 |
$77,442,500 |
$28,614,055
$2,377,485 |
$46,450,960 |
|
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