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 Arizona residents, the state will deduct 2.5% from your lottery earnings.
| Arizona 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(2.5%) | $1,980,000 | | Net Lumpsum Payment | $47,955,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,543,619 |
$901,469
$63,590 |
$1,578,560 |
| 2 |
$2,670,876 |
$948,555
$66,772 |
$1,655,549 |
| 3 |
$2,804,386 |
$997,953
$70,110 |
$1,736,323 |
| 4 |
$2,944,656 |
$1,049,853
$73,616 |
$1,821,187 |
| 5 |
$3,091,855 |
$1,104,317
$77,296 |
$1,910,242 |
| 6 |
$3,246,490 |
$1,161,532
$81,162 |
$2,003,796 |
| 7 |
$3,408,730 |
$1,221,560
$85,218 |
$2,101,952 |
| 8 |
$3,579,251 |
$1,284,653
$89,481 |
$2,205,117 |
| 9 |
$3,758,222 |
$1,350,873
$93,956 |
$2,313,393 |
| 10 |
$3,946,150 |
$1,420,406
$98,654 |
$2,427,090 |
| 11 |
$4,143,373 |
$1,493,378
$103,584 |
$2,546,411 |
| 12 |
$4,350,567 |
$1,570,040
$108,764 |
$2,671,763 |
| 13 |
$4,568,070 |
$1,650,516
$114,202 |
$2,803,352 |
| 14 |
$4,796,558 |
$1,735,057
$119,914 |
$2,941,587 |
| 15 |
$5,036,369 |
$1,823,787
$125,909 |
$3,086,673 |
| 16 |
$5,288,179 |
$1,916,957
$132,204 |
$3,239,018 |
| 17 |
$5,552,495 |
$2,014,754
$138,812 |
$3,398,929 |
| 18 |
$5,830,162 |
$2,117,490
$145,754 |
$3,566,918 |
| 19 |
$6,121,687 |
$2,225,355
$153,042 |
$3,743,290 |
| 20 |
$6,427,746 |
$2,338,596
$160,694 |
$3,928,456 |
| 21 |
$6,749,184 |
$2,457,528
$168,730 |
$4,122,926 |
| 22 |
$7,086,677 |
$2,582,401
$177,167 |
$4,327,109 |
| 23 |
$7,440,901 |
$2,713,464
$186,023 |
$4,541,414 |
| 24 |
$7,813,039 |
$2,851,155
$195,326 |
$4,766,558 |
| 25 |
$8,203,598 |
$2,995,662
$205,090 |
$5,002,846 |
| 26 |
$8,613,930 |
$3,147,484
$215,348 |
$5,251,098 |
| 27 |
$9,044,542 |
$3,306,811
$226,114 |
$5,511,617 |
| 28 |
$9,496,786 |
$3,474,141
$237,420 |
$5,785,225 |
| 29 |
$9,971,676 |
$3,649,851
$249,292 |
$6,072,533 |
| 30 |
$10,470,226 |
$3,834,314
$261,756 |
$6,374,156 |
|
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