The jackpot for the Powerball draw on Sat Jun 13, 2026, is projected to be $258 Million, with an option for a cash payout of $115 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 Sat Jun 13, 2026 |
|---|
| Draw Date | Sat Jun 13, 2026 | | Projected Jackpot | $258,000,000 | | Cash Value | $115,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $115,000,000 | | Federal Tax(24%) | $27,600,000 | | Additional Federal Tax | $14,910,330 | | State Tax(2.5%) | $2,875,000 | | Net Lumpsum Payment | $69,614,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,883,158 |
$1,397,099
$97,079 |
$2,388,980 |
| 2 |
$4,077,432 |
$1,468,980
$101,936 |
$2,506,516 |
| 3 |
$4,281,252 |
$1,544,394
$107,031 |
$2,629,827 |
| 4 |
$4,495,392 |
$1,623,625
$112,385 |
$2,759,382 |
| 5 |
$4,720,110 |
$1,706,771
$118,003 |
$2,895,336 |
| 6 |
$4,956,180 |
$1,794,117
$123,905 |
$3,038,158 |
| 7 |
$5,203,860 |
$1,885,759
$130,097 |
$3,188,004 |
| 8 |
$5,464,182 |
$1,982,078
$136,605 |
$3,345,499 |
| 9 |
$5,737,404 |
$2,083,170
$143,435 |
$3,510,799 |
| 10 |
$6,024,300 |
$2,189,321
$150,608 |
$3,684,371 |
| 11 |
$6,325,386 |
$2,300,723
$158,135 |
$3,866,528 |
| 12 |
$6,641,694 |
$2,417,757
$166,042 |
$4,057,895 |
| 13 |
$6,973,740 |
$2,540,614
$174,344 |
$4,258,782 |
| 14 |
$7,322,556 |
$2,669,676
$183,064 |
$4,469,816 |
| 15 |
$7,688,658 |
$2,805,134
$192,216 |
$4,691,308 |
| 16 |
$8,073,078 |
$2,947,369
$201,827 |
$4,923,882 |
| 17 |
$8,476,590 |
$3,096,669
$211,915 |
$5,168,006 |
| 18 |
$8,900,484 |
$3,253,509
$222,512 |
$5,424,463 |
| 19 |
$9,345,534 |
$3,418,178
$233,638 |
$5,693,718 |
| 20 |
$9,812,772 |
$3,591,056
$245,319 |
$5,976,397 |
| 21 |
$10,303,488 |
$3,772,621
$257,587 |
$6,273,280 |
| 22 |
$10,818,714 |
$3,963,255
$270,468 |
$6,584,991 |
| 23 |
$11,359,482 |
$4,163,339
$283,987 |
$6,912,156 |
| 24 |
$11,927,598 |
$4,373,542
$298,190 |
$7,255,866 |
| 25 |
$12,523,836 |
$4,594,150
$313,096 |
$7,616,590 |
| 26 |
$13,150,260 |
$4,825,927
$328,757 |
$7,995,576 |
| 27 |
$13,807,644 |
$5,069,159
$345,191 |
$8,393,294 |
| 28 |
$14,498,052 |
$5,324,610
$362,451 |
$8,810,991 |
| 29 |
$15,223,032 |
$5,592,852
$380,576 |
$9,249,604 |
| 30 |
$15,984,132 |
$5,874,459
$399,603 |
$9,710,070 |
|
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