The jackpot for the Powerball draw on Mon Dec 29, 2025, is projected to be $33 Million, with an option for a cash payout of $15.2 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 West Virginia residents, the state will deduct 6.5% from your lottery earnings.
| West Virginia Powerball Jackpot/Cash Option for Mon Dec 29, 2025 |
|---|
| Draw Date | Mon Dec 29, 2025 | | Projected Jackpot | $33,000,000 | | Cash Value | $15,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $15,200,000 | | Federal Tax(24%) | $3,648,000 | | Additional Federal Tax | $1,936,330 | | State Tax(6.5%) | $988,000 | | Net Lumpsum Payment | $8,627,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$496,683 |
$144,103
$32,284 |
$320,296 |
| 2 |
$521,532 |
$153,297
$33,900 |
$334,335 |
| 3 |
$547,602 |
$162,943
$35,594 |
$349,065 |
| 4 |
$574,992 |
$173,077
$37,374 |
$364,541 |
| 5 |
$603,735 |
$183,712
$39,243 |
$380,780 |
| 6 |
$633,930 |
$194,884
$41,205 |
$397,841 |
| 7 |
$665,610 |
$206,606
$43,265 |
$415,739 |
| 8 |
$698,907 |
$218,926
$45,429 |
$434,552 |
| 9 |
$733,854 |
$231,856
$47,701 |
$454,297 |
| 10 |
$770,550 |
$245,434
$50,086 |
$475,030 |
| 11 |
$809,061 |
$259,683
$52,589 |
$496,789 |
| 12 |
$849,519 |
$274,652
$55,219 |
$519,648 |
| 13 |
$891,990 |
$290,367
$57,979 |
$543,644 |
| 14 |
$936,606 |
$306,875
$60,879 |
$568,852 |
| 15 |
$983,433 |
$324,201
$63,923 |
$595,309 |
| 16 |
$1,032,603 |
$342,393
$67,119 |
$623,091 |
| 17 |
$1,084,215 |
$361,490
$70,474 |
$652,251 |
| 18 |
$1,138,434 |
$381,551
$73,998 |
$682,885 |
| 19 |
$1,195,359 |
$402,613
$77,698 |
$715,048 |
| 20 |
$1,255,122 |
$424,726
$81,583 |
$748,813 |
| 21 |
$1,317,888 |
$447,949
$85,663 |
$784,276 |
| 22 |
$1,383,789 |
$472,332
$89,946 |
$821,511 |
| 23 |
$1,452,957 |
$497,924
$94,442 |
$860,591 |
| 24 |
$1,525,623 |
$524,811
$99,165 |
$901,647 |
| 25 |
$1,601,886 |
$553,028
$104,123 |
$944,735 |
| 26 |
$1,682,010 |
$582,674
$109,331 |
$990,005 |
| 27 |
$1,766,094 |
$613,785
$114,796 |
$1,037,513 |
| 28 |
$1,854,402 |
$646,459
$120,536 |
$1,087,407 |
| 29 |
$1,947,132 |
$680,769
$126,564 |
$1,139,799 |
| 30 |
$2,044,482 |
$716,789
$132,891 |
$1,194,802 |
|
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