The jackpot for the Powerball draw on Sat Dec 6, 2025, is projected to be $820 Million, with an option for a cash payout of $383.5 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 Colorado residents, the state will deduct 4% from your lottery earnings.
| Colorado Powerball Jackpot/Cash Option for Sat Dec 6, 2025 |
|---|
| Draw Date | Sat Dec 6, 2025 | | Projected Jackpot | $820,000,000 | | Cash Value | $383,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $383,500,000 | | Federal Tax(24%) | $92,040,000 | | Additional Federal Tax | $49,815,330 | | State Tax(4%) | $15,340,000 | | Net Lumpsum Payment | $226,304,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,341,820 |
$4,526,804
$493,673 |
$7,321,343 |
| 2 |
$12,959,280 |
$4,755,264
$518,371 |
$7,685,645 |
| 3 |
$13,607,080 |
$4,994,950
$544,283 |
$8,067,847 |
| 4 |
$14,287,680 |
$5,246,772
$571,507 |
$8,469,401 |
| 5 |
$15,001,900 |
$5,511,033
$600,076 |
$8,890,791 |
| 6 |
$15,752,200 |
$5,788,644
$630,088 |
$9,333,468 |
| 7 |
$16,539,400 |
$6,079,908
$661,576 |
$9,797,916 |
| 8 |
$17,366,780 |
$6,386,039
$694,671 |
$10,286,070 |
| 9 |
$18,235,160 |
$6,707,340
$729,406 |
$10,798,414 |
| 10 |
$19,147,000 |
$7,044,720
$765,880 |
$11,336,400 |
| 11 |
$20,103,940 |
$7,398,788
$804,158 |
$11,900,994 |
| 12 |
$21,109,260 |
$7,770,757
$844,370 |
$12,494,133 |
| 13 |
$22,164,600 |
$8,161,232
$886,584 |
$13,116,784 |
| 14 |
$23,273,240 |
$8,571,429
$930,930 |
$13,770,881 |
| 15 |
$24,436,820 |
$9,001,954
$977,473 |
$14,457,393 |
| 16 |
$25,658,620 |
$9,454,020
$1,026,345 |
$15,178,255 |
| 17 |
$26,941,100 |
$9,928,537
$1,077,644 |
$15,934,919 |
| 18 |
$28,288,360 |
$10,427,024
$1,131,534 |
$16,729,802 |
| 19 |
$29,702,860 |
$10,950,389
$1,188,114 |
$17,564,357 |
| 20 |
$31,187,880 |
$11,499,846
$1,247,515 |
$18,440,519 |
| 21 |
$32,747,520 |
$12,076,913
$1,309,901 |
$19,360,706 |
| 22 |
$34,385,060 |
$12,682,803
$1,375,402 |
$20,326,855 |
| 23 |
$36,103,780 |
$13,318,729
$1,444,151 |
$21,340,900 |
| 24 |
$37,909,420 |
$13,986,816
$1,516,377 |
$22,406,227 |
| 25 |
$39,804,440 |
$14,687,973
$1,592,178 |
$23,524,289 |
| 26 |
$41,795,400 |
$15,424,628
$1,671,816 |
$24,698,956 |
| 27 |
$43,884,760 |
$16,197,692
$1,755,390 |
$25,931,678 |
| 28 |
$46,079,080 |
$17,009,590
$1,843,163 |
$27,226,327 |
| 29 |
$48,383,280 |
$17,862,144
$1,935,331 |
$28,585,805 |
| 30 |
$50,802,280 |
$18,757,174
$2,032,091 |
$30,013,015 |
|
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