The jackpot for the Powerball draw on Wed Jan 14, 2026, is projected to be $156 Million, with an option for a cash payout of $70.5 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 Wed Jan 14, 2026 |
|---|
| Draw Date | Wed Jan 14, 2026 | | Projected Jackpot | $156,000,000 | | Cash Value | $70,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $70,500,000 | | Federal Tax(24%) | $16,920,000 | | Additional Federal Tax | $9,125,330 | | State Tax(10.75%) | $7,578,750 | | Net Lumpsum Payment | $36,875,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,347,956 |
$829,074
$252,405 |
$1,266,477 |
| 2 |
$2,465,424 |
$872,537
$265,033 |
$1,327,854 |
| 3 |
$2,588,664 |
$918,136
$278,281 |
$1,392,247 |
| 4 |
$2,718,144 |
$966,044
$292,200 |
$1,459,900 |
| 5 |
$2,854,020 |
$1,016,318
$306,807 |
$1,530,895 |
| 6 |
$2,996,760 |
$1,069,132
$322,152 |
$1,605,476 |
| 7 |
$3,146,520 |
$1,124,543
$338,251 |
$1,683,726 |
| 8 |
$3,303,924 |
$1,182,782
$355,172 |
$1,765,970 |
| 9 |
$3,469,128 |
$1,243,908
$372,931 |
$1,852,289 |
| 10 |
$3,642,600 |
$1,308,092
$391,580 |
$1,942,928 |
| 11 |
$3,824,652 |
$1,375,452
$411,150 |
$2,038,050 |
| 12 |
$4,015,908 |
$1,446,216
$431,710 |
$2,137,982 |
| 13 |
$4,216,680 |
$1,520,502
$453,293 |
$2,242,885 |
| 14 |
$4,427,592 |
$1,598,539
$475,966 |
$2,353,087 |
| 15 |
$4,648,956 |
$1,680,444
$499,763 |
$2,468,749 |
| 16 |
$4,881,396 |
$1,766,447
$524,750 |
$2,590,199 |
| 17 |
$5,125,380 |
$1,856,721
$550,978 |
$2,717,681 |
| 18 |
$5,381,688 |
$1,951,555
$578,531 |
$2,851,602 |
| 19 |
$5,650,788 |
$2,051,122
$607,460 |
$2,992,206 |
| 20 |
$5,933,304 |
$2,155,653
$637,830 |
$3,139,821 |
| 21 |
$6,230,016 |
$2,265,436
$669,727 |
$3,294,853 |
| 22 |
$6,541,548 |
$2,380,703
$703,216 |
$3,457,629 |
| 23 |
$6,868,524 |
$2,501,684
$738,366 |
$3,628,474 |
| 24 |
$7,212,036 |
$2,628,784
$775,294 |
$3,807,958 |
| 25 |
$7,572,552 |
$2,762,175
$814,049 |
$3,996,328 |
| 26 |
$7,951,320 |
$2,902,319
$854,767 |
$4,194,234 |
| 27 |
$8,348,808 |
$3,049,389
$897,497 |
$4,401,922 |
| 28 |
$8,766,264 |
$3,203,848
$942,373 |
$4,620,043 |
| 29 |
$9,204,624 |
$3,366,041
$989,497 |
$4,849,086 |
| 30 |
$9,664,824 |
$3,536,315
$1,038,969 |
$5,089,540 |
|
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