The jackpot for the Powerball draw on Sat Sep 5, 2026, is projected to be $173 Million, with an option for a cash payout of $75 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 Montana residents, the state will deduct 6.75% from your lottery earnings.
| Montana Powerball Jackpot/Cash Option for Sat Sep 5, 2026 |
|---|
| Draw Date | Sat Sep 5, 2026 | | Projected Jackpot | $173,000,000 | | Cash Value | $75,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $75,000,000 | | Federal Tax(24%) | $18,000,000 | | Additional Federal Tax | $9,710,330 | | State Tax(6.75%) | $5,062,500 | | Net Lumpsum Payment | $42,227,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,603,823 |
$923,745
$175,758 |
$1,504,320 |
| 2 |
$2,734,092 |
$971,944
$184,551 |
$1,577,597 |
| 3 |
$2,870,762 |
$1,022,512
$193,776 |
$1,654,474 |
| 4 |
$3,014,352 |
$1,075,641
$203,469 |
$1,735,242 |
| 5 |
$3,165,035 |
$1,131,393
$213,640 |
$1,820,002 |
| 6 |
$3,323,330 |
$1,189,962
$224,325 |
$1,909,043 |
| 7 |
$3,489,410 |
$1,251,412
$235,535 |
$2,002,463 |
| 8 |
$3,663,967 |
$1,315,998
$247,318 |
$2,100,651 |
| 9 |
$3,847,174 |
$1,383,785
$259,684 |
$2,203,705 |
| 10 |
$4,039,550 |
$1,454,964
$272,670 |
$2,311,916 |
| 11 |
$4,241,441 |
$1,529,664
$286,297 |
$2,425,480 |
| 12 |
$4,453,539 |
$1,608,140
$300,614 |
$2,544,785 |
| 13 |
$4,676,190 |
$1,690,521
$315,643 |
$2,670,026 |
| 14 |
$4,910,086 |
$1,777,062
$331,431 |
$2,801,593 |
| 15 |
$5,155,573 |
$1,867,892
$348,001 |
$2,939,680 |
| 16 |
$5,413,343 |
$1,963,267
$365,401 |
$3,084,675 |
| 17 |
$5,683,915 |
$2,063,379
$383,664 |
$3,236,872 |
| 18 |
$5,968,154 |
$2,168,547
$402,850 |
$3,396,757 |
| 19 |
$6,266,579 |
$2,278,965
$422,994 |
$3,564,620 |
| 20 |
$6,579,882 |
$2,394,887
$444,142 |
$3,740,853 |
| 21 |
$6,908,928 |
$2,516,634
$466,353 |
$3,925,941 |
| 22 |
$7,254,409 |
$2,644,462
$489,673 |
$4,120,274 |
| 23 |
$7,617,017 |
$2,778,627
$514,149 |
$4,324,241 |
| 24 |
$7,997,963 |
$2,919,577
$539,863 |
$4,538,523 |
| 25 |
$8,397,766 |
$3,067,504
$566,849 |
$4,763,413 |
| 26 |
$8,817,810 |
$3,222,920
$595,202 |
$4,999,688 |
| 27 |
$9,258,614 |
$3,386,018
$624,956 |
$5,247,640 |
| 28 |
$9,721,562 |
$3,557,308
$656,205 |
$5,508,049 |
| 29 |
$10,207,692 |
$3,737,176
$689,019 |
$5,781,497 |
| 30 |
$10,718,042 |
$3,926,006
$723,468 |
$6,068,568 |
|
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