The jackpot for the Powerball draw on Mon Mar 9, 2026, is projected to be $46 Million, with an option for a cash payout of $21.2 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 Mar 9, 2026 |
|---|
| Draw Date | Mon Mar 9, 2026 | | Projected Jackpot | $46,000,000 | | Cash Value | $21,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $21,200,000 | | Federal Tax(24%) | $5,088,000 | | Additional Federal Tax | $2,716,330 | | State Tax(4.9%) | $1,038,800 | | Net Lumpsum Payment | $12,356,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$692,346 |
$216,498
$33,925 |
$441,923 |
| 2 |
$726,984 |
$229,314
$35,622 |
$462,048 |
| 3 |
$763,324 |
$242,760
$37,403 |
$483,161 |
| 4 |
$801,504 |
$256,887
$39,274 |
$505,343 |
| 5 |
$841,570 |
$271,711
$41,237 |
$528,622 |
| 6 |
$883,660 |
$287,285
$43,299 |
$553,076 |
| 7 |
$927,820 |
$303,624
$45,463 |
$578,733 |
| 8 |
$974,234 |
$320,797
$47,737 |
$605,700 |
| 9 |
$1,022,948 |
$338,821
$50,124 |
$634,003 |
| 10 |
$1,074,100 |
$357,747
$52,631 |
$663,722 |
| 11 |
$1,127,782 |
$377,610
$55,261 |
$694,911 |
| 12 |
$1,184,178 |
$398,476
$58,025 |
$727,677 |
| 13 |
$1,243,380 |
$420,381
$60,926 |
$762,073 |
| 14 |
$1,305,572 |
$443,392
$63,973 |
$798,207 |
| 15 |
$1,370,846 |
$467,543
$67,171 |
$836,132 |
| 16 |
$1,439,386 |
$492,903
$70,530 |
$875,953 |
| 17 |
$1,511,330 |
$519,522
$74,055 |
$917,753 |
| 18 |
$1,586,908 |
$547,486
$77,758 |
$961,664 |
| 19 |
$1,666,258 |
$576,846
$81,647 |
$1,007,765 |
| 20 |
$1,749,564 |
$607,669
$85,729 |
$1,056,166 |
| 21 |
$1,837,056 |
$640,041
$90,016 |
$1,106,999 |
| 22 |
$1,928,918 |
$674,030
$94,517 |
$1,160,371 |
| 23 |
$2,025,334 |
$709,704
$99,241 |
$1,216,389 |
| 24 |
$2,126,626 |
$747,182
$104,205 |
$1,275,239 |
| 25 |
$2,232,932 |
$786,515
$109,414 |
$1,337,003 |
| 26 |
$2,344,620 |
$827,840
$114,886 |
$1,401,894 |
| 27 |
$2,461,828 |
$871,207
$120,630 |
$1,469,991 |
| 28 |
$2,584,924 |
$916,752
$126,661 |
$1,541,511 |
| 29 |
$2,714,184 |
$964,578
$132,995 |
$1,616,611 |
| 30 |
$2,849,884 |
$1,014,787
$139,644 |
$1,695,453 |
|
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