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 Connecticut residents, the state will deduct 6.99% from your lottery earnings.
| Connecticut 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(6.99%) | $26,806,650 | | Net Lumpsum Payment | $214,838,020 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,341,820 |
$4,526,804
$862,693 |
$6,952,323 |
| 2 |
$12,959,280 |
$4,755,264
$905,854 |
$7,298,162 |
| 3 |
$13,607,080 |
$4,994,950
$951,135 |
$7,660,995 |
| 4 |
$14,287,680 |
$5,246,772
$998,709 |
$8,042,199 |
| 5 |
$15,001,900 |
$5,511,033
$1,048,633 |
$8,442,234 |
| 6 |
$15,752,200 |
$5,788,644
$1,101,079 |
$8,862,477 |
| 7 |
$16,539,400 |
$6,079,908
$1,156,104 |
$9,303,388 |
| 8 |
$17,366,780 |
$6,386,039
$1,213,938 |
$9,766,803 |
| 9 |
$18,235,160 |
$6,707,340
$1,274,638 |
$10,253,182 |
| 10 |
$19,147,000 |
$7,044,720
$1,338,375 |
$10,763,905 |
| 11 |
$20,103,940 |
$7,398,788
$1,405,265 |
$11,299,887 |
| 12 |
$21,109,260 |
$7,770,757
$1,475,537 |
$11,862,966 |
| 13 |
$22,164,600 |
$8,161,232
$1,549,306 |
$12,454,062 |
| 14 |
$23,273,240 |
$8,571,429
$1,626,799 |
$13,075,012 |
| 15 |
$24,436,820 |
$9,001,954
$1,708,134 |
$13,726,732 |
| 16 |
$25,658,620 |
$9,454,020
$1,793,538 |
$14,411,062 |
| 17 |
$26,941,100 |
$9,928,537
$1,883,183 |
$15,129,380 |
| 18 |
$28,288,360 |
$10,427,024
$1,977,356 |
$15,883,980 |
| 19 |
$29,702,860 |
$10,950,389
$2,076,230 |
$16,676,241 |
| 20 |
$31,187,880 |
$11,499,846
$2,180,033 |
$17,508,001 |
| 21 |
$32,747,520 |
$12,076,913
$2,289,052 |
$18,381,555 |
| 22 |
$34,385,060 |
$12,682,803
$2,403,516 |
$19,298,741 |
| 23 |
$36,103,780 |
$13,318,729
$2,523,654 |
$20,261,397 |
| 24 |
$37,909,420 |
$13,986,816
$2,649,868 |
$21,272,736 |
| 25 |
$39,804,440 |
$14,687,973
$2,782,330 |
$22,334,137 |
| 26 |
$41,795,400 |
$15,424,628
$2,921,498 |
$23,449,274 |
| 27 |
$43,884,760 |
$16,197,692
$3,067,545 |
$24,619,523 |
| 28 |
$46,079,080 |
$17,009,590
$3,220,928 |
$25,848,562 |
| 29 |
$48,383,280 |
$17,862,144
$3,381,991 |
$27,139,145 |
| 30 |
$50,802,280 |
$18,757,174
$3,551,079 |
$28,494,027 |
|
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