The jackpot for the Powerball draw on Mon Dec 29, 2025, is projected to be $33 Million, with an option for a cash payout of $15.2 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 Oklahoma residents, the state will deduct 4.75% from your lottery earnings.
| Oklahoma Powerball Jackpot/Cash Option for Mon Dec 29, 2025 |
|---|
| Draw Date | Mon Dec 29, 2025 | | Projected Jackpot | $33,000,000 | | Cash Value | $15,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $15,200,000 | | Federal Tax(24%) | $3,648,000 | | Additional Federal Tax | $1,936,330 | | State Tax(4.75%) | $722,000 | | Net Lumpsum Payment | $8,893,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$496,683 |
$144,103
$23,592 |
$328,988 |
| 2 |
$521,532 |
$153,297
$24,773 |
$343,462 |
| 3 |
$547,602 |
$162,943
$26,011 |
$358,648 |
| 4 |
$574,992 |
$173,077
$27,312 |
$374,603 |
| 5 |
$603,735 |
$183,712
$28,677 |
$391,346 |
| 6 |
$633,930 |
$194,884
$30,112 |
$408,934 |
| 7 |
$665,610 |
$206,606
$31,616 |
$427,388 |
| 8 |
$698,907 |
$218,926
$33,198 |
$446,783 |
| 9 |
$733,854 |
$231,856
$34,858 |
$467,140 |
| 10 |
$770,550 |
$245,434
$36,601 |
$488,515 |
| 11 |
$809,061 |
$259,683
$38,430 |
$510,948 |
| 12 |
$849,519 |
$274,652
$40,352 |
$534,515 |
| 13 |
$891,990 |
$290,367
$42,370 |
$559,253 |
| 14 |
$936,606 |
$306,875
$44,489 |
$585,242 |
| 15 |
$983,433 |
$324,201
$46,713 |
$612,519 |
| 16 |
$1,032,603 |
$342,393
$49,049 |
$641,161 |
| 17 |
$1,084,215 |
$361,490
$51,500 |
$671,225 |
| 18 |
$1,138,434 |
$381,551
$54,076 |
$702,807 |
| 19 |
$1,195,359 |
$402,613
$56,780 |
$735,966 |
| 20 |
$1,255,122 |
$424,726
$59,618 |
$770,778 |
| 21 |
$1,317,888 |
$447,949
$62,600 |
$807,339 |
| 22 |
$1,383,789 |
$472,332
$65,730 |
$845,727 |
| 23 |
$1,452,957 |
$497,924
$69,015 |
$886,018 |
| 24 |
$1,525,623 |
$524,811
$72,467 |
$928,345 |
| 25 |
$1,601,886 |
$553,028
$76,090 |
$972,768 |
| 26 |
$1,682,010 |
$582,674
$79,895 |
$1,019,441 |
| 27 |
$1,766,094 |
$613,785
$83,889 |
$1,068,420 |
| 28 |
$1,854,402 |
$646,459
$88,084 |
$1,119,859 |
| 29 |
$1,947,132 |
$680,769
$92,489 |
$1,173,874 |
| 30 |
$2,044,482 |
$716,789
$97,113 |
$1,230,580 |
|
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