The jackpot for the Powerball draw on Wed Feb 18, 2026, is projected to be $169 Million, with an option for a cash payout of $79.2 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 Wed Feb 18, 2026 |
|---|
| Draw Date | Wed Feb 18, 2026 | | Projected Jackpot | $169,000,000 | | Cash Value | $79,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $79,200,000 | | Federal Tax(24%) | $19,008,000 | | Additional Federal Tax | $10,256,330 | | State Tax(4.9%) | $3,880,800 | | Net Lumpsum Payment | $46,054,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,543,619 |
$901,469 $124,637 |
$1,517,513 |
| 2 |
$2,670,876 |
$948,555 $130,873 |
$1,591,448 |
| 3 |
$2,804,386 |
$997,953 $137,415 |
$1,669,018 |
| 4 |
$2,944,656 |
$1,049,853 $144,288 |
$1,750,515 |
| 5 |
$3,091,855 |
$1,104,317 $151,501 |
$1,836,037 |
| 6 |
$3,246,490 |
$1,161,532 $159,078 |
$1,925,880 |
| 7 |
$3,408,730 |
$1,221,560 $167,028 |
$2,020,142 |
| 8 |
$3,579,251 |
$1,284,653 $175,383 |
$2,119,215 |
| 9 |
$3,758,222 |
$1,350,873 $184,153 |
$2,223,196 |
| 10 |
$3,946,150 |
$1,420,406 $193,361 |
$2,332,383 |
| 11 |
$4,143,373 |
$1,493,378 $203,025 |
$2,446,970 |
| 12 |
$4,350,567 |
$1,570,040 $213,178 |
$2,567,349 |
| 13 |
$4,568,070 |
$1,650,516 $223,835 |
$2,693,719 |
| 14 |
$4,796,558 |
$1,735,057 $235,031 |
$2,826,470 |
| 15 |
$5,036,369 |
$1,823,787 $246,782 |
$2,965,800 |
| 16 |
$5,288,179 |
$1,916,957 $259,121 |
$3,112,101 |
| 17 |
$5,552,495 |
$2,014,754 $272,072 |
$3,265,669 |
| 18 |
$5,830,162 |
$2,117,490 $285,678 |
$3,426,994 |
| 19 |
$6,121,687 |
$2,225,355 $299,963 |
$3,596,369 |
| 20 |
$6,427,746 |
$2,338,596 $314,960 |
$3,774,190 |
| 21 |
$6,749,184 |
$2,457,528 $330,710 |
$3,960,946 |
| 22 |
$7,086,677 |
$2,582,401 $347,247 |
$4,157,029 |
| 23 |
$7,440,901 |
$2,713,464 $364,604 |
$4,362,833 |
| 24 |
$7,813,039 |
$2,851,155 $382,839 |
$4,579,045 |
| 25 |
$8,203,598 |
$2,995,662 $401,976 |
$4,805,960 |
| 26 |
$8,613,930 |
$3,147,484 $422,083 |
$5,044,363 |
| 27 |
$9,044,542 |
$3,306,811 $443,183 |
$5,294,548 |
| 28 |
$9,496,786 |
$3,474,141 $465,343 |
$5,557,302 |
| 29 |
$9,971,676 |
$3,649,851 $488,612 |
$5,833,213 |
| 30 |
$10,470,226 |
$3,834,314 $513,041 |
$6,122,871 |
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