The jackpot for the Powerball draw on Wed Dec 17, 2025, is projected to be $1.25 Billion, with an option for a cash payout of $572.1 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC Powerball Jackpot/Cash Option for Wed Dec 17, 2025 |
|---|
| Draw Date | Wed Dec 17, 2025 | | Projected Jackpot | $1,250,000,000 | | Cash Value | $572,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $572,100,000 | | Federal Tax(24%) | $137,304,000 | | Additional Federal Tax | $74,333,330 | | State Tax(10.75%) | $61,500,750 | | Net Lumpsum Payment | $298,961,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$18,813,750 |
$6,921,418
$2,022,478 |
$9,869,854 |
| 2 |
$19,755,000 |
$7,269,680
$2,123,663 |
$10,361,657 |
| 3 |
$20,742,500 |
$7,635,055
$2,229,819 |
$10,877,626 |
| 4 |
$21,780,000 |
$8,018,930
$2,341,350 |
$11,419,720 |
| 5 |
$22,868,750 |
$8,421,768
$2,458,391 |
$11,988,591 |
| 6 |
$24,012,500 |
$8,844,955
$2,581,344 |
$12,586,201 |
| 7 |
$25,212,500 |
$9,288,955
$2,710,344 |
$13,213,201 |
| 8 |
$26,473,750 |
$9,755,618
$2,845,928 |
$13,872,204 |
| 9 |
$27,797,500 |
$10,245,405
$2,988,231 |
$14,563,864 |
| 10 |
$29,187,500 |
$10,759,705
$3,137,656 |
$15,290,139 |
| 11 |
$30,646,250 |
$11,299,443
$3,294,472 |
$16,052,335 |
| 12 |
$32,178,750 |
$11,866,468
$3,459,216 |
$16,853,066 |
| 13 |
$33,787,500 |
$12,461,705
$3,632,156 |
$17,693,639 |
| 14 |
$35,477,500 |
$13,087,005
$3,813,831 |
$18,576,664 |
| 15 |
$37,251,250 |
$13,743,293
$4,004,509 |
$19,503,448 |
| 16 |
$39,113,750 |
$14,432,418
$4,204,728 |
$20,476,604 |
| 17 |
$41,068,750 |
$15,155,768
$4,414,891 |
$21,498,091 |
| 18 |
$43,122,500 |
$15,915,655
$4,635,669 |
$22,571,176 |
| 19 |
$45,278,750 |
$16,713,468
$4,867,466 |
$23,697,816 |
| 20 |
$47,542,500 |
$17,551,055
$5,110,819 |
$24,880,626 |
| 21 |
$49,920,000 |
$18,430,730
$5,366,400 |
$26,122,870 |
| 22 |
$52,416,250 |
$19,354,343
$5,634,747 |
$27,427,160 |
| 23 |
$55,036,250 |
$20,323,743
$5,916,397 |
$28,796,110 |
| 24 |
$57,788,750 |
$21,342,168
$6,212,291 |
$30,234,291 |
| 25 |
$60,677,500 |
$22,411,005
$6,522,831 |
$31,743,664 |
| 26 |
$63,712,500 |
$23,533,955
$6,849,094 |
$33,329,451 |
| 27 |
$66,897,500 |
$24,712,405
$7,191,481 |
$34,993,614 |
| 28 |
$70,242,500 |
$25,950,055
$7,551,069 |
$36,741,376 |
| 29 |
$73,755,000 |
$27,249,680
$7,928,663 |
$38,576,657 |
| 30 |
$77,442,500 |
$28,614,055
$8,325,069 |
$40,503,376 |
|
|
