The jackpot for the Powerball draw on Sat Dec 13, 2025, is projected to be $1.00 Billion, with an option for a cash payout of $461.3 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 those living in Florida, the bright side is you won't have to pay any state taxes on your lottery prize.
| Florida Powerball Jackpot/Cash Option for Sat Dec 13, 2025 |
|---|
| Draw Date | Sat Dec 13, 2025 | | Projected Jackpot | $1,000,000,000 | | Cash Value | $461,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $461,300,000 | | Federal Tax(24%) | $110,712,000 | | Additional Federal Tax | $59,929,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $290,658,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$15,051,000 |
$5,529,200
$0 |
$9,521,800 |
| 2 |
$15,804,000 |
$5,807,810
$0 |
$9,996,190 |
| 3 |
$16,594,000 |
$6,100,110
$0 |
$10,493,890 |
| 4 |
$17,424,000 |
$6,407,210
$0 |
$11,016,790 |
| 5 |
$18,295,000 |
$6,729,480
$0 |
$11,565,520 |
| 6 |
$19,210,000 |
$7,068,030
$0 |
$12,141,970 |
| 7 |
$20,170,000 |
$7,423,230
$0 |
$12,746,770 |
| 8 |
$21,179,000 |
$7,796,560
$0 |
$13,382,440 |
| 9 |
$22,238,000 |
$8,188,390
$0 |
$14,049,610 |
| 10 |
$23,350,000 |
$8,599,830
$0 |
$14,750,170 |
| 11 |
$24,517,000 |
$9,031,620
$0 |
$15,485,380 |
| 12 |
$25,743,000 |
$9,485,240
$0 |
$16,257,760 |
| 13 |
$27,030,000 |
$9,961,430
$0 |
$17,068,570 |
| 14 |
$28,382,000 |
$10,461,670
$0 |
$17,920,330 |
| 15 |
$29,801,000 |
$10,986,700
$0 |
$18,814,300 |
| 16 |
$31,291,000 |
$11,538,000
$0 |
$19,753,000 |
| 17 |
$32,855,000 |
$12,116,680
$0 |
$20,738,320 |
| 18 |
$34,498,000 |
$12,724,590
$0 |
$21,773,410 |
| 19 |
$36,223,000 |
$13,362,840
$0 |
$22,860,160 |
| 20 |
$38,034,000 |
$14,032,910
$0 |
$24,001,090 |
| 21 |
$39,936,000 |
$14,736,650
$0 |
$25,199,350 |
| 22 |
$41,933,000 |
$15,475,540
$0 |
$26,457,460 |
| 23 |
$44,029,000 |
$16,251,060
$0 |
$27,777,940 |
| 24 |
$46,231,000 |
$17,065,800
$0 |
$29,165,200 |
| 25 |
$48,542,000 |
$17,920,870
$0 |
$30,621,130 |
| 26 |
$50,970,000 |
$18,819,230
$0 |
$32,150,770 |
| 27 |
$53,518,000 |
$19,761,990
$0 |
$33,756,010 |
| 28 |
$56,194,000 |
$20,752,110
$0 |
$35,441,890 |
| 29 |
$59,004,000 |
$21,791,810
$0 |
$37,212,190 |
| 30 |
$61,954,000 |
$22,883,310
$0 |
$39,070,690 |
|
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