The jackpot for the Powerball draw on Wed Dec 3, 2025, is projected to be $775 Million, with an option for a cash payout of $362.5 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania Powerball Jackpot/Cash Option for Wed Dec 3, 2025 |
|---|
| Draw Date | Wed Dec 3, 2025 | | Projected Jackpot | $775,000,000 | | Cash Value | $362,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $362,500,000 | | Federal Tax(24%) | $87,000,000 | | Additional Federal Tax | $47,085,330 | | State Tax(3.07%) | $11,128,750 | | Net Lumpsum Payment | $217,285,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$11,664,525 |
$4,276,205
$358,101 |
$7,030,219 |
| 2 |
$12,248,100 |
$4,492,127
$376,017 |
$7,379,956 |
| 3 |
$12,860,350 |
$4,718,660
$394,813 |
$7,746,877 |
| 4 |
$13,503,600 |
$4,956,662
$414,561 |
$8,132,377 |
| 5 |
$14,178,625 |
$5,206,422
$435,284 |
$8,536,919 |
| 6 |
$14,887,750 |
$5,468,798
$457,054 |
$8,961,898 |
| 7 |
$15,631,750 |
$5,744,078
$479,895 |
$9,407,777 |
| 8 |
$16,413,725 |
$6,033,409
$503,901 |
$9,876,415 |
| 9 |
$17,234,450 |
$6,337,077
$529,098 |
$10,368,275 |
| 10 |
$18,096,250 |
$6,655,943
$555,555 |
$10,884,752 |
| 11 |
$19,000,675 |
$6,990,580
$583,321 |
$11,426,774 |
| 12 |
$19,950,825 |
$7,342,136
$612,490 |
$11,996,199 |
| 13 |
$20,948,250 |
$7,711,183
$643,111 |
$12,593,956 |
| 14 |
$21,996,050 |
$8,098,869
$675,279 |
$13,221,902 |
| 15 |
$23,095,775 |
$8,505,767
$709,040 |
$13,880,968 |
| 16 |
$24,250,525 |
$8,933,025
$744,491 |
$14,573,009 |
| 17 |
$25,462,625 |
$9,381,502
$781,703 |
$15,299,420 |
| 18 |
$26,735,950 |
$9,852,632
$820,794 |
$16,062,524 |
| 19 |
$28,072,825 |
$10,347,276
$861,836 |
$16,863,713 |
| 20 |
$29,476,350 |
$10,866,580
$904,924 |
$17,704,846 |
| 21 |
$30,950,400 |
$11,411,978
$950,177 |
$18,588,245 |
| 22 |
$32,498,075 |
$11,984,618
$997,691 |
$19,515,766 |
| 23 |
$34,122,475 |
$12,585,646
$1,047,560 |
$20,489,269 |
| 24 |
$35,829,025 |
$13,217,070
$1,099,951 |
$21,512,004 |
| 25 |
$37,620,050 |
$13,879,749
$1,154,936 |
$22,585,365 |
| 26 |
$39,501,750 |
$14,575,978
$1,212,704 |
$23,713,068 |
| 27 |
$41,476,450 |
$15,306,617
$1,273,327 |
$24,896,506 |
| 28 |
$43,550,350 |
$16,073,960
$1,336,996 |
$26,139,394 |
| 29 |
$45,728,100 |
$16,879,727
$1,403,853 |
$27,444,520 |
| 30 |
$48,014,350 |
$17,725,640
$1,474,041 |
$28,814,669 |
|
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