The jackpot for the Powerball draw on Wed Feb 11, 2026, is projected to be $126 Million, with an option for a cash payout of $57.8 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 Georgia residents, the state will deduct 5.75% from your lottery earnings.
| Georgia Powerball Jackpot/Cash Option for Wed Feb 11, 2026 |
|---|
| Draw Date | Wed Feb 11, 2026 | | Projected Jackpot | $126,000,000 | | Cash Value | $57,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $57,800,000 | | Federal Tax(24%) | $13,872,000 | | Additional Federal Tax | $7,474,330 | | State Tax(5.75%) | $3,323,500 | | Net Lumpsum Payment | $33,130,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,896,426 |
$662,008
$109,044 |
$1,125,374 |
| 2 |
$1,991,304 |
$697,113
$114,500 |
$1,179,691 |
| 3 |
$2,090,844 |
$733,943
$120,224 |
$1,236,677 |
| 4 |
$2,195,424 |
$772,637
$126,237 |
$1,296,550 |
| 5 |
$2,305,170 |
$813,243
$132,547 |
$1,359,380 |
| 6 |
$2,420,460 |
$855,901
$139,176 |
$1,425,383 |
| 7 |
$2,541,420 |
$900,656
$146,132 |
$1,494,632 |
| 8 |
$2,668,554 |
$947,695
$153,442 |
$1,567,417 |
| 9 |
$2,801,988 |
$997,066
$161,114 |
$1,643,808 |
| 10 |
$2,942,100 |
$1,048,907
$169,171 |
$1,724,022 |
| 11 |
$3,089,142 |
$1,103,313
$177,626 |
$1,808,203 |
| 12 |
$3,243,618 |
$1,160,469
$186,508 |
$1,896,641 |
| 13 |
$3,405,780 |
$1,220,469
$195,832 |
$1,989,479 |
| 14 |
$3,576,132 |
$1,283,499
$205,628 |
$2,087,005 |
| 15 |
$3,754,926 |
$1,349,653
$215,908 |
$2,189,365 |
| 16 |
$3,942,666 |
$1,419,117
$226,703 |
$2,296,846 |
| 17 |
$4,139,730 |
$1,492,030
$238,034 |
$2,409,666 |
| 18 |
$4,346,748 |
$1,568,627
$249,938 |
$2,528,183 |
| 19 |
$4,564,098 |
$1,649,047
$262,436 |
$2,652,615 |
| 20 |
$4,792,284 |
$1,733,475
$275,556 |
$2,783,253 |
| 21 |
$5,031,936 |
$1,822,147
$289,336 |
$2,920,453 |
| 22 |
$5,283,558 |
$1,915,247
$303,805 |
$3,064,506 |
| 23 |
$5,547,654 |
$2,012,962
$318,990 |
$3,215,702 |
| 24 |
$5,825,106 |
$2,115,620
$334,944 |
$3,374,542 |
| 25 |
$6,116,292 |
$2,223,358
$351,687 |
$3,541,247 |
| 26 |
$6,422,220 |
$2,336,552
$369,278 |
$3,716,390 |
| 27 |
$6,743,268 |
$2,455,340
$387,738 |
$3,900,190 |
| 28 |
$7,080,444 |
$2,580,095
$407,126 |
$4,093,223 |
| 29 |
$7,434,504 |
$2,711,097
$427,484 |
$4,295,923 |
| 30 |
$7,806,204 |
$2,848,626
$448,857 |
$4,508,721 |
|
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