The jackpot for the Powerball draw on Wed Sep 2, 2026, is projected to be $146 Million, with an option for a cash payout of $63.3 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 Sep 2, 2026 |
|---|
| Draw Date | Wed Sep 2, 2026 | | Projected Jackpot | $146,000,000 | | Cash Value | $63,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $63,300,000 | | Federal Tax(24%) | $15,192,000 | | Additional Federal Tax | $8,189,330 | | State Tax(4.9%) | $3,101,700 | | Net Lumpsum Payment | $36,816,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,197,446 |
$773,385
$107,675 |
$1,316,386 |
| 2 |
$2,307,384 |
$814,062
$113,062 |
$1,380,260 |
| 3 |
$2,422,724 |
$856,738
$118,713 |
$1,447,273 |
| 4 |
$2,543,904 |
$901,575
$124,651 |
$1,517,678 |
| 5 |
$2,671,070 |
$948,626
$130,882 |
$1,591,562 |
| 6 |
$2,804,660 |
$998,055
$137,428 |
$1,669,177 |
| 7 |
$2,944,820 |
$1,049,914
$144,296 |
$1,750,610 |
| 8 |
$3,092,134 |
$1,104,420
$151,515 |
$1,836,199 |
| 9 |
$3,246,748 |
$1,161,627
$159,091 |
$1,926,030 |
| 10 |
$3,409,100 |
$1,221,697
$167,046 |
$2,020,357 |
| 11 |
$3,579,482 |
$1,284,739
$175,395 |
$2,119,348 |
| 12 |
$3,758,478 |
$1,350,967
$184,165 |
$2,223,346 |
| 13 |
$3,946,380 |
$1,420,491
$193,373 |
$2,332,516 |
| 14 |
$4,143,772 |
$1,493,526
$203,045 |
$2,447,201 |
| 15 |
$4,350,946 |
$1,570,180
$213,196 |
$2,567,570 |
| 16 |
$4,568,486 |
$1,650,670
$223,856 |
$2,693,960 |
| 17 |
$4,796,830 |
$1,735,157
$235,045 |
$2,826,628 |
| 18 |
$5,036,708 |
$1,823,912
$246,799 |
$2,965,997 |
| 19 |
$5,288,558 |
$1,917,097
$259,139 |
$3,112,322 |
| 20 |
$5,552,964 |
$2,014,927
$272,095 |
$3,265,942 |
| 21 |
$5,830,656 |
$2,117,673
$285,702 |
$3,427,281 |
| 22 |
$6,122,218 |
$2,225,551
$299,989 |
$3,596,678 |
| 23 |
$6,428,234 |
$2,338,777
$314,983 |
$3,774,474 |
| 24 |
$6,749,726 |
$2,457,729
$330,737 |
$3,961,260 |
| 25 |
$7,087,132 |
$2,582,569
$347,269 |
$4,157,294 |
| 26 |
$7,441,620 |
$2,713,730
$364,639 |
$4,363,251 |
| 27 |
$7,813,628 |
$2,851,373
$382,868 |
$4,579,387 |
| 28 |
$8,204,324 |
$2,995,930
$402,012 |
$4,806,382 |
| 29 |
$8,614,584 |
$3,147,726
$422,115 |
$5,044,743 |
| 30 |
$9,045,284 |
$3,307,085
$443,219 |
$5,294,980 |
|
|
