The jackpot for the Powerball draw on Sat Dec 20, 2025, is projected to be $1.50 Billion, with an option for a cash payout of $686.5 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 Missouri residents, the state will deduct 4% from your lottery earnings.
| Missouri Powerball Jackpot/Cash Option for Sat Dec 20, 2025 |
|---|
| Draw Date | Sat Dec 20, 2025 | | Projected Jackpot | $1,500,000,000 | | Cash Value | $686,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $686,500,000 | | Federal Tax(24%) | $164,760,000 | | Additional Federal Tax | $89,205,330 | | State Tax(4%) | $27,460,000 | | Net Lumpsum Payment | $405,074,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$22,576,500 |
$8,313,635
$903,060 |
$13,359,805 |
| 2 |
$23,706,000 |
$8,731,550
$948,240 |
$14,026,210 |
| 3 |
$24,891,000 |
$9,170,000
$995,640 |
$14,725,360 |
| 4 |
$26,136,000 |
$9,630,650
$1,045,440 |
$15,459,910 |
| 5 |
$27,442,500 |
$10,114,055
$1,097,700 |
$16,230,745 |
| 6 |
$28,815,000 |
$10,621,880
$1,152,600 |
$17,040,520 |
| 7 |
$30,255,000 |
$11,154,680
$1,210,200 |
$17,890,120 |
| 8 |
$31,768,500 |
$11,714,675
$1,270,740 |
$18,783,085 |
| 9 |
$33,357,000 |
$12,302,420
$1,334,280 |
$19,720,300 |
| 10 |
$35,025,000 |
$12,919,580
$1,401,000 |
$20,704,420 |
| 11 |
$36,775,500 |
$13,567,265
$1,471,020 |
$21,737,215 |
| 12 |
$38,614,500 |
$14,247,695
$1,544,580 |
$22,822,225 |
| 13 |
$40,545,000 |
$14,961,980
$1,621,800 |
$23,961,220 |
| 14 |
$42,573,000 |
$15,712,340
$1,702,920 |
$25,157,740 |
| 15 |
$44,701,500 |
$16,499,885
$1,788,060 |
$26,413,555 |
| 16 |
$46,936,500 |
$17,326,835
$1,877,460 |
$27,732,205 |
| 17 |
$49,282,500 |
$18,194,855
$1,971,300 |
$29,116,345 |
| 18 |
$51,747,000 |
$19,106,720
$2,069,880 |
$30,570,400 |
| 19 |
$54,334,500 |
$20,064,095
$2,173,380 |
$32,097,025 |
| 20 |
$57,051,000 |
$21,069,200
$2,282,040 |
$33,699,760 |
| 21 |
$59,904,000 |
$22,124,810
$2,396,160 |
$35,383,030 |
| 22 |
$62,899,500 |
$23,233,145
$2,515,980 |
$37,150,375 |
| 23 |
$66,043,500 |
$24,396,425
$2,641,740 |
$39,005,335 |
| 24 |
$69,346,500 |
$25,618,535
$2,773,860 |
$40,954,105 |
| 25 |
$72,813,000 |
$26,901,140
$2,912,520 |
$42,999,340 |
| 26 |
$76,455,000 |
$28,248,680
$3,058,200 |
$45,148,120 |
| 27 |
$80,277,000 |
$29,662,820
$3,211,080 |
$47,403,100 |
| 28 |
$84,291,000 |
$31,148,000
$3,371,640 |
$49,771,360 |
| 29 |
$88,506,000 |
$32,707,550
$3,540,240 |
$52,258,210 |
| 30 |
$92,931,000 |
$34,344,800
$3,717,240 |
$54,868,960 |
|
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