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 South Carolina residents, the state will deduct 6.9% from your lottery earnings.
| South Carolina 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(6.9%) | $26,461,500 | | Net Lumpsum Payment | $215,183,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,341,820 |
$4,526,804
$851,586 |
$6,963,430 |
| 2 |
$12,959,280 |
$4,755,264
$894,190 |
$7,309,826 |
| 3 |
$13,607,080 |
$4,994,950
$938,889 |
$7,673,241 |
| 4 |
$14,287,680 |
$5,246,772
$985,850 |
$8,055,058 |
| 5 |
$15,001,900 |
$5,511,033
$1,035,131 |
$8,455,736 |
| 6 |
$15,752,200 |
$5,788,644
$1,086,902 |
$8,876,654 |
| 7 |
$16,539,400 |
$6,079,908
$1,141,219 |
$9,318,273 |
| 8 |
$17,366,780 |
$6,386,039
$1,198,308 |
$9,782,433 |
| 9 |
$18,235,160 |
$6,707,340
$1,258,226 |
$10,269,594 |
| 10 |
$19,147,000 |
$7,044,720
$1,321,143 |
$10,781,137 |
| 11 |
$20,103,940 |
$7,398,788
$1,387,172 |
$11,317,980 |
| 12 |
$21,109,260 |
$7,770,757
$1,456,539 |
$11,881,964 |
| 13 |
$22,164,600 |
$8,161,232
$1,529,357 |
$12,474,011 |
| 14 |
$23,273,240 |
$8,571,429
$1,605,854 |
$13,095,957 |
| 15 |
$24,436,820 |
$9,001,954
$1,686,141 |
$13,748,725 |
| 16 |
$25,658,620 |
$9,454,020
$1,770,445 |
$14,434,155 |
| 17 |
$26,941,100 |
$9,928,537
$1,858,936 |
$15,153,627 |
| 18 |
$28,288,360 |
$10,427,024
$1,951,897 |
$15,909,439 |
| 19 |
$29,702,860 |
$10,950,389
$2,049,497 |
$16,702,974 |
| 20 |
$31,187,880 |
$11,499,846
$2,151,964 |
$17,536,070 |
| 21 |
$32,747,520 |
$12,076,913
$2,259,579 |
$18,411,028 |
| 22 |
$34,385,060 |
$12,682,803
$2,372,569 |
$19,329,688 |
| 23 |
$36,103,780 |
$13,318,729
$2,491,161 |
$20,293,890 |
| 24 |
$37,909,420 |
$13,986,816
$2,615,750 |
$21,306,854 |
| 25 |
$39,804,440 |
$14,687,973
$2,746,506 |
$22,369,961 |
| 26 |
$41,795,400 |
$15,424,628
$2,883,883 |
$23,486,889 |
| 27 |
$43,884,760 |
$16,197,692
$3,028,048 |
$24,659,020 |
| 28 |
$46,079,080 |
$17,009,590
$3,179,457 |
$25,890,033 |
| 29 |
$48,383,280 |
$17,862,144
$3,338,446 |
$27,182,690 |
| 30 |
$50,802,280 |
$18,757,174
$3,505,357 |
$28,539,749 |
|
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