Washington DC Lottery

DCLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Dec 1, 2025 is estimated to be $740 Million, with a cash option of 346.1 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Washington DC, your state will take 10.75% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Washington DC Powerball Jackpot/Cash Option for Mon Dec 1, 2025

Draw Date	Jackpot	Cash Option
Mon Dec 1, 2025	$740,000,000	$346,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$346,100,000
Federal Tax(24%)	$83,064,000
Additional Federal Tax	$44,953,330
State Tax(10.75%)	$37,205,750
Net Lumpsum Payment	$180,876,920

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$11,137,740	-$4,081,294 -$1,197,307	$5,859,139
2	$11,694,960	-$4,287,466 -$1,257,208	$6,150,286
3	$12,279,560	-$4,503,768 -$1,320,053	$6,455,739
4	$12,893,760	-$4,731,022 -$1,386,079	$6,776,659
5	$13,538,300	-$4,969,501 -$1,455,367	$7,113,432
6	$14,215,400	-$5,220,028 -$1,528,156	$7,467,216
7	$14,925,800	-$5,482,876 -$1,604,524	$7,838,400
8	$15,672,460	-$5,759,141 -$1,684,789	$8,228,530
9	$16,456,120	-$6,049,095 -$1,769,033	$8,637,992
10	$17,279,000	-$6,353,560 -$1,857,493	$9,067,947
11	$18,142,580	-$6,673,085 -$1,950,327	$9,519,168
12	$19,049,820	-$7,008,764 -$2,047,856	$9,993,200
13	$20,002,200	-$7,361,144 -$2,150,237	$10,490,819
14	$21,002,680	-$7,731,322 -$2,257,788	$11,013,570
15	$22,052,740	-$8,119,844 -$2,370,670	$11,562,226
16	$23,155,340	-$8,527,806 -$2,489,199	$12,138,335
17	$24,312,700	-$8,956,029 -$2,613,615	$12,743,056
18	$25,528,520	-$9,405,883 -$2,744,316	$13,378,321
19	$26,805,020	-$9,878,188 -$2,881,540	$14,045,292
20	$28,145,160	-$10,374,040 -$3,025,605	$14,745,515
21	$29,552,640	-$10,894,807 -$3,176,909	$15,480,924
22	$31,030,420	-$11,441,586 -$3,335,770	$16,253,064
23	$32,581,460	-$12,015,471 -$3,502,507	$17,063,482
24	$34,210,940	-$12,618,378 -$3,677,676	$17,914,886
25	$35,921,080	-$13,251,130 -$3,861,516	$18,808,434
26	$37,717,800	-$13,915,916 -$4,054,664	$19,747,220
27	$39,603,320	-$14,613,559 -$4,257,357	$20,732,404
28	$41,583,560	-$15,346,248 -$4,470,233	$21,767,079
29	$43,662,960	-$16,115,626 -$4,693,768	$22,853,566
30	$45,845,960	-$16,923,336 -$4,928,441	$23,994,183