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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho 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(5.8%) | $7,748,800 | | Net Lumpsum Payment | $76,458,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,710,963 |
$1,703,387
$273,236 |
$2,734,340 |
| 2 |
$4,946,652 |
$1,790,592
$286,906 |
$2,869,154 |
| 3 |
$5,193,922 |
$1,882,082
$301,247 |
$3,010,593 |
| 4 |
$5,453,712 |
$1,978,204
$316,315 |
$3,159,193 |
| 5 |
$5,726,335 |
$2,079,074
$332,127 |
$3,315,134 |
| 6 |
$6,012,730 |
$2,185,040
$348,738 |
$3,478,952 |
| 7 |
$6,313,210 |
$2,296,218
$366,166 |
$3,650,826 |
| 8 |
$6,629,027 |
$2,413,070
$384,484 |
$3,831,473 |
| 9 |
$6,960,494 |
$2,535,713
$403,709 |
$4,021,072 |
| 10 |
$7,308,550 |
$2,664,494
$423,896 |
$4,220,160 |
| 11 |
$7,673,821 |
$2,799,644
$445,082 |
$4,429,095 |
| 12 |
$8,057,559 |
$2,941,627
$467,338 |
$4,648,594 |
| 13 |
$8,460,390 |
$3,090,675
$490,703 |
$4,879,012 |
| 14 |
$8,883,566 |
$3,247,250
$515,247 |
$5,121,069 |
| 15 |
$9,327,713 |
$3,411,584
$541,007 |
$5,375,122 |
| 16 |
$9,794,083 |
$3,584,141
$568,057 |
$5,641,885 |
| 17 |
$10,283,615 |
$3,765,268
$596,450 |
$5,921,897 |
| 18 |
$10,797,874 |
$3,955,544
$626,277 |
$6,216,053 |
| 19 |
$11,337,799 |
$4,155,316
$657,592 |
$6,524,891 |
| 20 |
$11,904,642 |
$4,365,048
$690,469 |
$6,849,125 |
| 21 |
$12,499,968 |
$4,585,319
$724,998 |
$7,189,651 |
| 22 |
$13,125,029 |
$4,816,591
$761,252 |
$7,547,186 |
| 23 |
$13,781,077 |
$5,059,329
$799,302 |
$7,922,446 |
| 24 |
$14,470,303 |
$5,314,342
$839,278 |
$8,316,683 |
| 25 |
$15,193,646 |
$5,581,979
$881,231 |
$8,730,436 |
| 26 |
$15,953,610 |
$5,863,166
$925,309 |
$9,165,135 |
| 27 |
$16,751,134 |
$6,158,250
$971,566 |
$9,621,318 |
| 28 |
$17,588,722 |
$6,468,158
$1,020,146 |
$10,100,418 |
| 29 |
$18,468,252 |
$6,793,584
$1,071,159 |
$10,603,509 |
| 30 |
$19,391,602 |
$7,135,223
$1,124,713 |
$11,131,666 |
|
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