The jackpot for the Powerball draw on Mon Dec 8, 2025, is projected to be $875 Million, with an option for a cash payout of $403.6 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 8, 2025 |
|---|
| Draw Date | Mon Dec 8, 2025 | | Projected Jackpot | $875,000,000 | | Cash Value | $403,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $403,600,000 | | Federal Tax(24%) | $96,864,000 | | Additional Federal Tax | $52,428,330 | | State Tax(6.5%) | $26,234,000 | | Net Lumpsum Payment | $228,073,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$13,169,625 |
$4,833,092
$856,026 |
$7,480,507 |
| 2 |
$13,828,500 |
$5,076,875
$898,853 |
$7,852,772 |
| 3 |
$14,519,750 |
$5,332,638
$943,784 |
$8,243,328 |
| 4 |
$15,246,000 |
$5,601,350
$990,990 |
$8,653,660 |
| 5 |
$16,008,125 |
$5,883,337
$1,040,528 |
$9,084,260 |
| 6 |
$16,808,750 |
$6,179,568
$1,092,569 |
$9,536,613 |
| 7 |
$17,648,750 |
$6,490,368
$1,147,169 |
$10,011,213 |
| 8 |
$18,531,625 |
$6,817,032
$1,204,556 |
$10,510,037 |
| 9 |
$19,458,250 |
$7,159,883
$1,264,786 |
$11,033,581 |
| 10 |
$20,431,250 |
$7,519,893
$1,328,031 |
$11,583,326 |
| 11 |
$21,452,375 |
$7,897,709
$1,394,404 |
$12,160,262 |
| 12 |
$22,525,125 |
$8,294,627
$1,464,133 |
$12,766,365 |
| 13 |
$23,651,250 |
$8,711,293
$1,537,331 |
$13,402,626 |
| 14 |
$24,834,250 |
$9,149,003
$1,614,226 |
$14,071,021 |
| 15 |
$26,075,875 |
$9,608,404
$1,694,932 |
$14,772,539 |
| 16 |
$27,379,625 |
$10,090,792
$1,779,676 |
$15,509,157 |
| 17 |
$28,748,125 |
$10,597,137
$1,868,628 |
$16,282,360 |
| 18 |
$30,185,750 |
$11,129,058
$1,962,074 |
$17,094,618 |
| 19 |
$31,695,125 |
$11,687,527
$2,060,183 |
$17,947,415 |
| 20 |
$33,279,750 |
$12,273,838
$2,163,184 |
$18,842,728 |
| 21 |
$34,944,000 |
$12,889,610
$2,271,360 |
$19,783,030 |
| 22 |
$36,691,375 |
$13,536,139
$2,384,939 |
$20,770,297 |
| 23 |
$38,525,375 |
$14,214,719
$2,504,149 |
$21,806,507 |
| 24 |
$40,452,125 |
$14,927,617
$2,629,388 |
$22,895,120 |
| 25 |
$42,474,250 |
$15,675,803
$2,760,826 |
$24,037,621 |
| 26 |
$44,598,750 |
$16,461,868
$2,898,919 |
$25,237,963 |
| 27 |
$46,828,250 |
$17,286,783
$3,043,836 |
$26,497,631 |
| 28 |
$49,169,750 |
$18,153,138
$3,196,034 |
$27,820,578 |
| 29 |
$51,628,500 |
$19,062,875
$3,355,853 |
$29,209,772 |
| 30 |
$54,209,750 |
$20,017,938
$3,523,634 |
$30,668,178 |
|
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