The jackpot for the Powerball draw on Mon Sep 21, 2026, is projected to be $313 Million, with an option for a cash payout of $133.6 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Arkansas residents, the state will deduct 4.9% from your lottery earnings.
| Arkansas Powerball Jackpot/Cash Option for Mon Sep 21, 2026 |
|---|
| Draw Date | Mon Sep 21, 2026 | | Projected Jackpot | $313,000,000 | | Cash Value | $133,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $133,600,000 | | Federal Tax(24%) | $32,064,000 | | Additional Federal Tax | $17,328,330 | | State Tax(4.9%) | $6,546,400 | | Net Lumpsum Payment | $77,661,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,710,963 |
$1,703,387
$230,837 |
$2,776,739 |
| 2 |
$4,946,652 |
$1,790,592
$242,386 |
$2,913,674 |
| 3 |
$5,193,922 |
$1,882,082
$254,502 |
$3,057,338 |
| 4 |
$5,453,712 |
$1,978,204
$267,232 |
$3,208,276 |
| 5 |
$5,726,335 |
$2,079,074
$280,590 |
$3,366,671 |
| 6 |
$6,012,730 |
$2,185,040
$294,624 |
$3,533,066 |
| 7 |
$6,313,210 |
$2,296,218
$309,347 |
$3,707,645 |
| 8 |
$6,629,027 |
$2,413,070
$324,822 |
$3,891,135 |
| 9 |
$6,960,494 |
$2,535,713
$341,064 |
$4,083,717 |
| 10 |
$7,308,550 |
$2,664,494
$358,119 |
$4,285,937 |
| 11 |
$7,673,821 |
$2,799,644
$376,017 |
$4,498,160 |
| 12 |
$8,057,559 |
$2,941,627
$394,820 |
$4,721,112 |
| 13 |
$8,460,390 |
$3,090,675
$414,559 |
$4,955,156 |
| 14 |
$8,883,566 |
$3,247,250
$435,295 |
$5,201,021 |
| 15 |
$9,327,713 |
$3,411,584
$457,058 |
$5,459,071 |
| 16 |
$9,794,083 |
$3,584,141
$479,910 |
$5,730,032 |
| 17 |
$10,283,615 |
$3,765,268
$503,897 |
$6,014,450 |
| 18 |
$10,797,874 |
$3,955,544
$529,096 |
$6,313,234 |
| 19 |
$11,337,799 |
$4,155,316
$555,552 |
$6,626,931 |
| 20 |
$11,904,642 |
$4,365,048
$583,327 |
$6,956,267 |
| 21 |
$12,499,968 |
$4,585,319
$612,498 |
$7,302,151 |
| 22 |
$13,125,029 |
$4,816,591
$643,126 |
$7,665,312 |
| 23 |
$13,781,077 |
$5,059,329
$675,273 |
$8,046,475 |
| 24 |
$14,470,303 |
$5,314,342
$709,045 |
$8,446,916 |
| 25 |
$15,193,646 |
$5,581,979
$744,489 |
$8,867,178 |
| 26 |
$15,953,610 |
$5,863,166
$781,727 |
$9,308,717 |
| 27 |
$16,751,134 |
$6,158,250
$820,806 |
$9,772,078 |
| 28 |
$17,588,722 |
$6,468,158
$861,847 |
$10,258,717 |
| 29 |
$18,468,252 |
$6,793,584
$904,944 |
$10,769,724 |
| 30 |
$19,391,602 |
$7,135,223
$950,188 |
$11,306,191 |
|
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