The jackpot for the Powerball draw on Sat Mar 14, 2026, is projected to be $75 Million, with an option for a cash payout of $34.6 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 Kansas residents, the state will deduct 5% from your lottery earnings.
| Kansas Powerball Jackpot/Cash Option for Sat Mar 14, 2026 |
|---|
| Draw Date | Sat Mar 14, 2026 | | Projected Jackpot | $75,000,000 | | Cash Value | $34,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $34,600,000 | | Federal Tax(24%) | $8,304,000 | | Additional Federal Tax | $4,458,330 | | State Tax(5%) | $1,730,000 | | Net Lumpsum Payment | $20,107,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,128,825 |
$377,996
$56,441 |
$694,388 |
| 2 |
$1,185,300 |
$398,891
$59,265 |
$727,144 |
| 3 |
$1,244,550 |
$420,814
$62,228 |
$761,508 |
| 4 |
$1,306,800 |
$443,846
$65,340 |
$797,614 |
| 5 |
$1,372,125 |
$468,017
$68,606 |
$835,502 |
| 6 |
$1,440,750 |
$493,408
$72,038 |
$875,304 |
| 7 |
$1,512,750 |
$520,048
$75,638 |
$917,064 |
| 8 |
$1,588,425 |
$548,048
$79,421 |
$960,956 |
| 9 |
$1,667,850 |
$577,435
$83,393 |
$1,007,022 |
| 10 |
$1,751,250 |
$608,293
$87,563 |
$1,055,394 |
| 11 |
$1,838,775 |
$640,677
$91,939 |
$1,106,159 |
| 12 |
$1,930,725 |
$674,699
$96,536 |
$1,159,490 |
| 13 |
$2,027,250 |
$710,413
$101,363 |
$1,215,474 |
| 14 |
$2,128,650 |
$747,931
$106,433 |
$1,274,286 |
| 15 |
$2,235,075 |
$787,308
$111,754 |
$1,336,013 |
| 16 |
$2,346,825 |
$828,656
$117,341 |
$1,400,828 |
| 17 |
$2,464,125 |
$872,057
$123,206 |
$1,468,862 |
| 18 |
$2,587,350 |
$917,650
$129,368 |
$1,540,332 |
| 19 |
$2,716,725 |
$965,519
$135,836 |
$1,615,370 |
| 20 |
$2,852,550 |
$1,015,774
$142,628 |
$1,694,148 |
| 21 |
$2,995,200 |
$1,068,554
$149,760 |
$1,776,886 |
| 22 |
$3,144,975 |
$1,123,971
$157,249 |
$1,863,755 |
| 23 |
$3,302,175 |
$1,182,135
$165,109 |
$1,954,931 |
| 24 |
$3,467,325 |
$1,243,241
$173,366 |
$2,050,718 |
| 25 |
$3,640,650 |
$1,307,371
$182,033 |
$2,151,246 |
| 26 |
$3,822,750 |
$1,374,748
$191,138 |
$2,256,864 |
| 27 |
$4,013,850 |
$1,445,455
$200,693 |
$2,367,702 |
| 28 |
$4,214,550 |
$1,519,714
$210,728 |
$2,484,108 |
| 29 |
$4,425,300 |
$1,597,691
$221,265 |
$2,606,344 |
| 30 |
$4,646,550 |
$1,679,554
$232,328 |
$2,734,668 |
|
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