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 those living in Tennessee, the bright side is you won't have to pay any state taxes on your lottery prize.
| Tennessee 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(0%) | $0 | | Net Lumpsum Payment | $241,644,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,341,820 |
$4,526,804
$0 |
$7,815,016 |
| 2 |
$12,959,280 |
$4,755,264
$0 |
$8,204,016 |
| 3 |
$13,607,080 |
$4,994,950
$0 |
$8,612,130 |
| 4 |
$14,287,680 |
$5,246,772
$0 |
$9,040,908 |
| 5 |
$15,001,900 |
$5,511,033
$0 |
$9,490,867 |
| 6 |
$15,752,200 |
$5,788,644
$0 |
$9,963,556 |
| 7 |
$16,539,400 |
$6,079,908
$0 |
$10,459,492 |
| 8 |
$17,366,780 |
$6,386,039
$0 |
$10,980,741 |
| 9 |
$18,235,160 |
$6,707,340
$0 |
$11,527,820 |
| 10 |
$19,147,000 |
$7,044,720
$0 |
$12,102,280 |
| 11 |
$20,103,940 |
$7,398,788
$0 |
$12,705,152 |
| 12 |
$21,109,260 |
$7,770,757
$0 |
$13,338,503 |
| 13 |
$22,164,600 |
$8,161,232
$0 |
$14,003,368 |
| 14 |
$23,273,240 |
$8,571,429
$0 |
$14,701,811 |
| 15 |
$24,436,820 |
$9,001,954
$0 |
$15,434,866 |
| 16 |
$25,658,620 |
$9,454,020
$0 |
$16,204,600 |
| 17 |
$26,941,100 |
$9,928,537
$0 |
$17,012,563 |
| 18 |
$28,288,360 |
$10,427,024
$0 |
$17,861,336 |
| 19 |
$29,702,860 |
$10,950,389
$0 |
$18,752,471 |
| 20 |
$31,187,880 |
$11,499,846
$0 |
$19,688,034 |
| 21 |
$32,747,520 |
$12,076,913
$0 |
$20,670,607 |
| 22 |
$34,385,060 |
$12,682,803
$0 |
$21,702,257 |
| 23 |
$36,103,780 |
$13,318,729
$0 |
$22,785,051 |
| 24 |
$37,909,420 |
$13,986,816
$0 |
$23,922,604 |
| 25 |
$39,804,440 |
$14,687,973
$0 |
$25,116,467 |
| 26 |
$41,795,400 |
$15,424,628
$0 |
$26,370,772 |
| 27 |
$43,884,760 |
$16,197,692
$0 |
$27,687,068 |
| 28 |
$46,079,080 |
$17,009,590
$0 |
$29,069,490 |
| 29 |
$48,383,280 |
$17,862,144
$0 |
$30,521,136 |
| 30 |
$50,802,280 |
$18,757,174
$0 |
$32,045,106 |
|
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