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 Minnesota residents, the state will deduct 7.25% from your lottery earnings.
| Minnesota 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(7.25%) | $27,803,750 | | Net Lumpsum Payment | $213,840,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,341,820 |
$4,526,804
$894,782 |
$6,920,234 |
| 2 |
$12,959,280 |
$4,755,264
$939,548 |
$7,264,468 |
| 3 |
$13,607,080 |
$4,994,950
$986,513 |
$7,625,617 |
| 4 |
$14,287,680 |
$5,246,772
$1,035,857 |
$8,005,051 |
| 5 |
$15,001,900 |
$5,511,033
$1,087,638 |
$8,403,229 |
| 6 |
$15,752,200 |
$5,788,644
$1,142,035 |
$8,821,521 |
| 7 |
$16,539,400 |
$6,079,908
$1,199,107 |
$9,260,385 |
| 8 |
$17,366,780 |
$6,386,039
$1,259,092 |
$9,721,649 |
| 9 |
$18,235,160 |
$6,707,340
$1,322,049 |
$10,205,771 |
| 10 |
$19,147,000 |
$7,044,720
$1,388,158 |
$10,714,122 |
| 11 |
$20,103,940 |
$7,398,788
$1,457,536 |
$11,247,616 |
| 12 |
$21,109,260 |
$7,770,757
$1,530,421 |
$11,808,082 |
| 13 |
$22,164,600 |
$8,161,232
$1,606,934 |
$12,396,434 |
| 14 |
$23,273,240 |
$8,571,429
$1,687,310 |
$13,014,501 |
| 15 |
$24,436,820 |
$9,001,954
$1,771,669 |
$13,663,197 |
| 16 |
$25,658,620 |
$9,454,020
$1,860,250 |
$14,344,350 |
| 17 |
$26,941,100 |
$9,928,537
$1,953,230 |
$15,059,333 |
| 18 |
$28,288,360 |
$10,427,024
$2,050,906 |
$15,810,430 |
| 19 |
$29,702,860 |
$10,950,389
$2,153,457 |
$16,599,014 |
| 20 |
$31,187,880 |
$11,499,846
$2,261,121 |
$17,426,913 |
| 21 |
$32,747,520 |
$12,076,913
$2,374,195 |
$18,296,412 |
| 22 |
$34,385,060 |
$12,682,803
$2,492,917 |
$19,209,340 |
| 23 |
$36,103,780 |
$13,318,729
$2,617,524 |
$20,167,527 |
| 24 |
$37,909,420 |
$13,986,816
$2,748,433 |
$21,174,171 |
| 25 |
$39,804,440 |
$14,687,973
$2,885,822 |
$22,230,645 |
| 26 |
$41,795,400 |
$15,424,628
$3,030,167 |
$23,340,605 |
| 27 |
$43,884,760 |
$16,197,692
$3,181,645 |
$24,505,423 |
| 28 |
$46,079,080 |
$17,009,590
$3,340,733 |
$25,728,757 |
| 29 |
$48,383,280 |
$17,862,144
$3,507,788 |
$27,013,348 |
| 30 |
$50,802,280 |
$18,757,174
$3,683,165 |
$28,361,941 |
|
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