The jackpot for the Powerball draw on Mon Sep 21, 2026, is projected to be $313 Million, with an option for a cash payout of $133.6 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC Powerball Jackpot/Cash Option for Mon Sep 21, 2026 |
|---|
| Draw Date | Mon Sep 21, 2026 | | Projected Jackpot | $313,000,000 | | Cash Value | $133,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $133,600,000 | | Federal Tax(24%) | $32,064,000 | | Additional Federal Tax | $17,328,330 | | State Tax(10.75%) | $14,362,000 | | Net Lumpsum Payment | $69,845,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,710,963 |
$1,703,387
$506,429 |
$2,501,147 |
| 2 |
$4,946,652 |
$1,790,592
$531,765 |
$2,624,295 |
| 3 |
$5,193,922 |
$1,882,082
$558,347 |
$2,753,493 |
| 4 |
$5,453,712 |
$1,978,204
$586,274 |
$2,889,234 |
| 5 |
$5,726,335 |
$2,079,074
$615,581 |
$3,031,680 |
| 6 |
$6,012,730 |
$2,185,040
$646,368 |
$3,181,322 |
| 7 |
$6,313,210 |
$2,296,218
$678,670 |
$3,338,322 |
| 8 |
$6,629,027 |
$2,413,070
$712,620 |
$3,503,337 |
| 9 |
$6,960,494 |
$2,535,713
$748,253 |
$3,676,528 |
| 10 |
$7,308,550 |
$2,664,494
$785,669 |
$3,858,387 |
| 11 |
$7,673,821 |
$2,799,644
$824,936 |
$4,049,241 |
| 12 |
$8,057,559 |
$2,941,627
$866,188 |
$4,249,744 |
| 13 |
$8,460,390 |
$3,090,675
$909,492 |
$4,460,223 |
| 14 |
$8,883,566 |
$3,247,250
$954,983 |
$4,681,333 |
| 15 |
$9,327,713 |
$3,411,584
$1,002,729 |
$4,913,400 |
| 16 |
$9,794,083 |
$3,584,141
$1,052,864 |
$5,157,078 |
| 17 |
$10,283,615 |
$3,765,268
$1,105,489 |
$5,412,858 |
| 18 |
$10,797,874 |
$3,955,544
$1,160,771 |
$5,681,559 |
| 19 |
$11,337,799 |
$4,155,316
$1,218,813 |
$5,963,670 |
| 20 |
$11,904,642 |
$4,365,048
$1,279,749 |
$6,259,845 |
| 21 |
$12,499,968 |
$4,585,319
$1,343,747 |
$6,570,902 |
| 22 |
$13,125,029 |
$4,816,591
$1,410,941 |
$6,897,497 |
| 23 |
$13,781,077 |
$5,059,329
$1,481,466 |
$7,240,282 |
| 24 |
$14,470,303 |
$5,314,342
$1,555,558 |
$7,600,403 |
| 25 |
$15,193,646 |
$5,581,979
$1,633,317 |
$7,978,350 |
| 26 |
$15,953,610 |
$5,863,166
$1,715,013 |
$8,375,431 |
| 27 |
$16,751,134 |
$6,158,250
$1,800,747 |
$8,792,137 |
| 28 |
$17,588,722 |
$6,468,158
$1,890,788 |
$9,229,776 |
| 29 |
$18,468,252 |
$6,793,584
$1,985,337 |
$9,689,331 |
| 30 |
$19,391,602 |
$7,135,223
$2,084,597 |
$10,171,782 |
|
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