How to produce an effect when a checkbox button is checked while using jQuery? [duplicate]

I’m trying jQuery from scratch & I want to produce an effect when a checkbox button was checked, with jQuery. But I’m not having the effect I want.

<div>
    <input type="checkbox" id="cb">
    <label for="cb">Show Button</label>
</div>
<button id="but">
    Button
</button>

$(() => {
    $("#but").hide();
    $("#cb").on("change", () => {
        if($(this).is(":checked")) {
            $("#but").show();
        }
    });
});

I realized it is not entering to the if block. I guess checked prop should be called on a different way? How can I make this work?