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 Ohio residents, the state will deduct 3.99% from your lottery earnings.
| Ohio 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(3.99%) | $15,301,650 | | Net Lumpsum Payment | $226,343,020 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,341,820 |
$4,526,804
$492,439 |
$7,322,577 |
| 2 |
$12,959,280 |
$4,755,264
$517,075 |
$7,686,941 |
| 3 |
$13,607,080 |
$4,994,950
$542,922 |
$8,069,208 |
| 4 |
$14,287,680 |
$5,246,772
$570,078 |
$8,470,830 |
| 5 |
$15,001,900 |
$5,511,033
$598,576 |
$8,892,291 |
| 6 |
$15,752,200 |
$5,788,644
$628,513 |
$9,335,043 |
| 7 |
$16,539,400 |
$6,079,908
$659,922 |
$9,799,570 |
| 8 |
$17,366,780 |
$6,386,039
$692,935 |
$10,287,806 |
| 9 |
$18,235,160 |
$6,707,340
$727,583 |
$10,800,237 |
| 10 |
$19,147,000 |
$7,044,720
$763,965 |
$11,338,315 |
| 11 |
$20,103,940 |
$7,398,788
$802,147 |
$11,903,005 |
| 12 |
$21,109,260 |
$7,770,757
$842,259 |
$12,496,244 |
| 13 |
$22,164,600 |
$8,161,232
$884,368 |
$13,119,000 |
| 14 |
$23,273,240 |
$8,571,429
$928,602 |
$13,773,209 |
| 15 |
$24,436,820 |
$9,001,954
$975,029 |
$14,459,837 |
| 16 |
$25,658,620 |
$9,454,020
$1,023,779 |
$15,180,821 |
| 17 |
$26,941,100 |
$9,928,537
$1,074,950 |
$15,937,613 |
| 18 |
$28,288,360 |
$10,427,024
$1,128,706 |
$16,732,630 |
| 19 |
$29,702,860 |
$10,950,389
$1,185,144 |
$17,567,327 |
| 20 |
$31,187,880 |
$11,499,846
$1,244,396 |
$18,443,638 |
| 21 |
$32,747,520 |
$12,076,913
$1,306,626 |
$19,363,981 |
| 22 |
$34,385,060 |
$12,682,803
$1,371,964 |
$20,330,293 |
| 23 |
$36,103,780 |
$13,318,729
$1,440,541 |
$21,344,510 |
| 24 |
$37,909,420 |
$13,986,816
$1,512,586 |
$22,410,018 |
| 25 |
$39,804,440 |
$14,687,973
$1,588,197 |
$23,528,270 |
| 26 |
$41,795,400 |
$15,424,628
$1,667,636 |
$24,703,136 |
| 27 |
$43,884,760 |
$16,197,692
$1,751,002 |
$25,936,066 |
| 28 |
$46,079,080 |
$17,009,590
$1,838,555 |
$27,230,935 |
| 29 |
$48,383,280 |
$17,862,144
$1,930,493 |
$28,590,643 |
| 30 |
$50,802,280 |
$18,757,174
$2,027,011 |
$30,018,095 |
|
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