The jackpot for the Powerball draw on Sat Dec 13, 2025, is projected to be $1.00 Billion, with an option for a cash payout of $461.3 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 13, 2025 |
|---|
| Draw Date | Sat Dec 13, 2025 | | Projected Jackpot | $1,000,000,000 | | Cash Value | $461,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $461,300,000 | | Federal Tax(24%) | $110,712,000 | | Additional Federal Tax | $59,929,330 | | State Tax(6.9%) | $31,829,700 | | Net Lumpsum Payment | $258,828,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$15,051,000 |
$5,529,200
$1,038,519 |
$8,483,281 |
| 2 |
$15,804,000 |
$5,807,810
$1,090,476 |
$8,905,714 |
| 3 |
$16,594,000 |
$6,100,110
$1,144,986 |
$9,348,904 |
| 4 |
$17,424,000 |
$6,407,210
$1,202,256 |
$9,814,534 |
| 5 |
$18,295,000 |
$6,729,480
$1,262,355 |
$10,303,165 |
| 6 |
$19,210,000 |
$7,068,030
$1,325,490 |
$10,816,480 |
| 7 |
$20,170,000 |
$7,423,230
$1,391,730 |
$11,355,040 |
| 8 |
$21,179,000 |
$7,796,560
$1,461,351 |
$11,921,089 |
| 9 |
$22,238,000 |
$8,188,390
$1,534,422 |
$12,515,188 |
| 10 |
$23,350,000 |
$8,599,830
$1,611,150 |
$13,139,020 |
| 11 |
$24,517,000 |
$9,031,620
$1,691,673 |
$13,793,707 |
| 12 |
$25,743,000 |
$9,485,240
$1,776,267 |
$14,481,493 |
| 13 |
$27,030,000 |
$9,961,430
$1,865,070 |
$15,203,500 |
| 14 |
$28,382,000 |
$10,461,670
$1,958,358 |
$15,961,972 |
| 15 |
$29,801,000 |
$10,986,700
$2,056,269 |
$16,758,031 |
| 16 |
$31,291,000 |
$11,538,000
$2,159,079 |
$17,593,921 |
| 17 |
$32,855,000 |
$12,116,680
$2,266,995 |
$18,471,325 |
| 18 |
$34,498,000 |
$12,724,590
$2,380,362 |
$19,393,048 |
| 19 |
$36,223,000 |
$13,362,840
$2,499,387 |
$20,360,773 |
| 20 |
$38,034,000 |
$14,032,910
$2,624,346 |
$21,376,744 |
| 21 |
$39,936,000 |
$14,736,650
$2,755,584 |
$22,443,766 |
| 22 |
$41,933,000 |
$15,475,540
$2,893,377 |
$23,564,083 |
| 23 |
$44,029,000 |
$16,251,060
$3,038,001 |
$24,739,939 |
| 24 |
$46,231,000 |
$17,065,800
$3,189,939 |
$25,975,261 |
| 25 |
$48,542,000 |
$17,920,870
$3,349,398 |
$27,271,732 |
| 26 |
$50,970,000 |
$18,819,230
$3,516,930 |
$28,633,840 |
| 27 |
$53,518,000 |
$19,761,990
$3,692,742 |
$30,063,268 |
| 28 |
$56,194,000 |
$20,752,110
$3,877,386 |
$31,564,504 |
| 29 |
$59,004,000 |
$21,791,810
$4,071,276 |
$33,140,914 |
| 30 |
$61,954,000 |
$22,883,310
$4,274,826 |
$34,795,864 |
|
|
