So let's review who gets what out of this Alliance victory.
Germany: Iraq/Kuwait, Syria, French Equatorial Africa, possibly part of Algeria, Morocco, a few British African posessions(which ones?), Lorraine, other French African posessions I've forgotten to mention(again, which would be most likely?), Indochina, I'm guessing various French Pacific islands as well, Austria, Slovenia, other part of A-H I've forgotten.
Russia: Persia(north directly, south through protectorate), Afghanistan(through protectorate), Manchuria(likely through protectorate), Northern Anatolia, Armenia, possibly Korea though not likely, parts of A-H including at least part of Austrian Poland, Constantinople.
Italy: Tunisia, possibly part of Algeria, Libya, Djibouti, Southern Anatolia(through protectorate), anything else I've forgotten.
What do you think Zod?
Mostly correct, although with some minor additions and clarifications:
Germany: Austria, Bohemia-Moravia, South Tyrol, Slovenia (minus a western slice to Italy), Lorraine, Luxemburg, Syria (through protectorate), Iraq/Kuwait (through protectorate), Morocco, part of Algeria, Gabon, Middle Congo, Ubangi-Shari, part of French West Africa, Indochina, various French Pacific islands as well.
Russia: Galicia, Bukovina, the Straits (through protectorate), Northern Anatolia, Armenia, Persia (north directly, south through protectorate), Afghanistan (through protectorate), Manchuria (north directly, south through protectorate).
Italy: Trento, Austrian Littoral, part of western Slovenia, Dalmatia, Albania, Nice, Savoy, Corsica, Tunisia, part of Algeria, Libya, Djibouti, Chad, part of French West Africa, Southern Anatolia (through protectorate), possibly some French Pacific Islands.
If Belgium and the Netherlands enter the war by being invaded by Germany or France, Germany would surely at least make statellite states of both countries, annex Belgian Congo, and various redrawings of the borders in the Low Countries are possible: a) partition of Belgium by German annexation of the parts of the provinces of
Liège, of Limburg and of
Namur east of the Meuse, and Dutch annexation of Flanders; b) German annexation of Netherlands and Flanders; c) annexation of Belgium to Netherlands; in all cases, union of Nord-Pas de Calais to rump Belgium. In all cases, Germany would make a concerned effort to establish economic union and military alliance with Netherlands, and unite it to the Empire if at all possible.
It is a bit uncertain how much harsh or lenient a peace treaty Britain and Japan would get (it depends how much residual will to fight RGI powers keep after defeating A-H, France, and the Ottomans, and whether UK and JP give up soon after their allies surrender or have to be blockaded).
Depending on the harshness of the peace treaty, Korea may be kept by Japan, or become a Russian protectorate.
Britain would be surely forced to cede Gibraltar, Malta, Cyprus, and Somaliland to Italy, and share control of Egypt-Sudan (combined protectorate), and the Suez Canal (redistribution of the Canal shares between Britain, Germany, Italy, and Russia) with the Alliance powers.
If the peace treaty is harsh, they might also lose Egypt-Sudan (to Italy), control of the Suez canal (combined administration by Germany, Italy, and Russia), Kenya-Uganda (either to Germany or to Italy), Rhodesia and Beciuanaland (to Germany), Ghana and Nigeria (to Germany), Yemen (to Italy) and Oman (to Germany). In almost all cases Britain would keep control of India, Burma, and most likely Malesia (the may lose the latter in a really harsh treaty).
Russia, Germany, and Italy would surely try to partition China, although they would likely meet serious US opposition if they go too far.
A-H is wiped off the map, with Austria, South Tyrol, Bohemia-Moravia and Slovenia to Germany, Trento, Austrian Littoral, and Dalmatia to Itlay, Galicia and Bukovina to Russia; Hungary with Slovakia, Backa, and northern Transylvania becomes a Russo-German satellite, and Croatia with Hercegovina becomes a German-Italian satellite.
The rest of the Balkan settlement would vary significantly depending on which states were clients of the Alliance during the war: i.e. an Alliance Romania would surely get southern Transylvania and the Banat, also southern Dobruja if Bulgaria was not in the Alliance, otherwise all of Transylvania would go to satellite Hungary; an Alliance Serbia would get most of Bosnia, otherwise it goes to satellite Croatia; an Entente Serbia loses Kosovo to Italy and becomes a Russo-German protectorate; Vardar Macedonia goes to whomever among Bulgaria and Serbia was in the Alliance; Thrace goes to an Alliance Bulgaria, otherwise to Greece; Western Anatolia, Aegean Macedonia, southern Epirus, and Crete go to Greece.
The Ottoman Empire is likewise wiped off the map. Anatolia is partitioned with the Straits as an international (de facto Russian) protectorate, Northern Anatolia and Armenia to Russia, southwestern coast to Greece, Southern Anatolia to Italy, Syria, Iraq/Kuwait and Southeastern Anatolia to Germany. Palestine, hard to say which of the Allies would claim it.