Rhode Island Lottery

RILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Dec 8, 2025 is estimated to be $875 Million, with a cash option of 403.6 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 Rhode Island, your state will take 5.99% 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.

Rhode Island Powerball Jackpot/Cash Option for Mon Dec 8, 2025

Draw Date	Jackpot	Cash Option
Mon Dec 8, 2025	$875,000,000	$403,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$403,600,000
Federal Tax(24%)	$96,864,000
Additional Federal Tax	$52,428,330
State Tax(5.99%)	$24,175,640
Net Lumpsum Payment	$230,132,030

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$13,169,625	-$4,833,092 -$788,861	$7,547,672
2	$13,828,500	-$5,076,875 -$828,327	$7,923,298
3	$14,519,750	-$5,332,638 -$869,733	$8,317,379
4	$15,246,000	-$5,601,350 -$913,235	$8,731,415
5	$16,008,125	-$5,883,337 -$958,887	$9,165,901
6	$16,808,750	-$6,179,568 -$1,006,844	$9,622,338
7	$17,648,750	-$6,490,368 -$1,057,160	$10,101,222
8	$18,531,625	-$6,817,032 -$1,110,044	$10,604,549
9	$19,458,250	-$7,159,883 -$1,165,549	$11,132,818
10	$20,431,250	-$7,519,893 -$1,223,832	$11,687,525
11	$21,452,375	-$7,897,709 -$1,284,997	$12,269,669
12	$22,525,125	-$8,294,627 -$1,349,255	$12,881,243
13	$23,651,250	-$8,711,293 -$1,416,710	$13,523,247
14	$24,834,250	-$9,149,003 -$1,487,572	$14,197,675
15	$26,075,875	-$9,608,404 -$1,561,945	$14,905,526
16	$27,379,625	-$10,090,792 -$1,640,040	$15,648,793
17	$28,748,125	-$10,597,137 -$1,722,013	$16,428,975
18	$30,185,750	-$11,129,058 -$1,808,126	$17,248,566
19	$31,695,125	-$11,687,527 -$1,898,538	$18,109,060
20	$33,279,750	-$12,273,838 -$1,993,457	$19,012,455
21	$34,944,000	-$12,889,610 -$2,093,146	$19,961,244
22	$36,691,375	-$13,536,139 -$2,197,813	$20,957,423
23	$38,525,375	-$14,214,719 -$2,307,670	$22,002,986
24	$40,452,125	-$14,927,617 -$2,423,082	$23,101,426
25	$42,474,250	-$15,675,803 -$2,544,208	$24,254,239
26	$44,598,750	-$16,461,868 -$2,671,465	$25,465,417
27	$46,828,250	-$17,286,783 -$2,805,012	$26,736,455
28	$49,169,750	-$18,153,138 -$2,945,268	$28,071,344
29	$51,628,500	-$19,062,875 -$3,092,547	$29,473,078
30	$54,209,750	-$20,017,938 -$3,247,164	$30,944,648