West Virginia Lottery

WVLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Dec 3, 2025 is estimated to be $775 Million, with a cash option of 362.5 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 West Virginia, your state will take 6.5% 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.

West Virginia Powerball Jackpot/Cash Option for Wed Dec 3, 2025

Draw Date	Jackpot	Cash Option
Wed Dec 3, 2025	$775,000,000	$362,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$362,500,000
Federal Tax(24%)	$87,000,000
Additional Federal Tax	$47,085,330
State Tax(6.5%)	$23,562,500
Net Lumpsum Payment	$204,852,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$11,664,525	-$4,276,205 -$758,194	$6,630,126
2	$12,248,100	-$4,492,127 -$796,127	$6,959,846
3	$12,860,350	-$4,718,660 -$835,923	$7,305,767
4	$13,503,600	-$4,956,662 -$877,734	$7,669,204
5	$14,178,625	-$5,206,422 -$921,611	$8,050,592
6	$14,887,750	-$5,468,798 -$967,704	$8,451,248
7	$15,631,750	-$5,744,078 -$1,016,064	$8,871,608
8	$16,413,725	-$6,033,409 -$1,066,892	$9,313,424
9	$17,234,450	-$6,337,077 -$1,120,239	$9,777,134
10	$18,096,250	-$6,655,943 -$1,176,256	$10,264,051
11	$19,000,675	-$6,990,580 -$1,235,044	$10,775,051
12	$19,950,825	-$7,342,136 -$1,296,804	$11,311,885
13	$20,948,250	-$7,711,183 -$1,361,636	$11,875,431
14	$21,996,050	-$8,098,869 -$1,429,743	$12,467,438
15	$23,095,775	-$8,505,767 -$1,501,225	$13,088,783
16	$24,250,525	-$8,933,025 -$1,576,284	$13,741,216
17	$25,462,625	-$9,381,502 -$1,655,071	$14,426,052
18	$26,735,950	-$9,852,632 -$1,737,837	$15,145,481
19	$28,072,825	-$10,347,276 -$1,824,734	$15,900,815
20	$29,476,350	-$10,866,580 -$1,915,963	$16,693,807
21	$30,950,400	-$11,411,978 -$2,011,776	$17,526,646
22	$32,498,075	-$11,984,618 -$2,112,375	$18,401,082
23	$34,122,475	-$12,585,646 -$2,217,961	$19,318,868
24	$35,829,025	-$13,217,070 -$2,328,887	$20,283,068
25	$37,620,050	-$13,879,749 -$2,445,303	$21,294,998
26	$39,501,750	-$14,575,978 -$2,567,614	$22,358,158
27	$41,476,450	-$15,306,617 -$2,695,969	$23,473,864
28	$43,550,350	-$16,073,960 -$2,830,773	$24,645,617
29	$45,728,100	-$16,879,727 -$2,972,327	$25,876,046
30	$48,014,350	-$17,725,640 -$3,120,933	$27,167,777