The jackpot for the Powerball draw on Wed Feb 18, 2026, is projected to be $169 Million, with an option for a cash payout of $79.2 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 Kansas residents, the state will deduct 5% from your lottery earnings.
| Kansas Powerball Jackpot/Cash Option for Wed Feb 18, 2026 |
|---|
| Draw Date | Wed Feb 18, 2026 | | Projected Jackpot | $169,000,000 | | Cash Value | $79,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $79,200,000 | | Federal Tax(24%) | $19,008,000 | | Additional Federal Tax | $10,256,330 | | State Tax(5%) | $3,960,000 | | Net Lumpsum Payment | $45,975,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,543,619 |
$901,469
$127,181 |
$1,514,969 |
| 2 |
$2,670,876 |
$948,555
$133,544 |
$1,588,777 |
| 3 |
$2,804,386 |
$997,953
$140,219 |
$1,666,214 |
| 4 |
$2,944,656 |
$1,049,853
$147,233 |
$1,747,570 |
| 5 |
$3,091,855 |
$1,104,317
$154,593 |
$1,832,945 |
| 6 |
$3,246,490 |
$1,161,532
$162,325 |
$1,922,633 |
| 7 |
$3,408,730 |
$1,221,560
$170,437 |
$2,016,733 |
| 8 |
$3,579,251 |
$1,284,653
$178,963 |
$2,115,635 |
| 9 |
$3,758,222 |
$1,350,873
$187,911 |
$2,219,438 |
| 10 |
$3,946,150 |
$1,420,406
$197,308 |
$2,328,436 |
| 11 |
$4,143,373 |
$1,493,378
$207,169 |
$2,442,826 |
| 12 |
$4,350,567 |
$1,570,040
$217,528 |
$2,562,999 |
| 13 |
$4,568,070 |
$1,650,516
$228,404 |
$2,689,150 |
| 14 |
$4,796,558 |
$1,735,057
$239,828 |
$2,821,673 |
| 15 |
$5,036,369 |
$1,823,787
$251,818 |
$2,960,764 |
| 16 |
$5,288,179 |
$1,916,957
$264,409 |
$3,106,813 |
| 17 |
$5,552,495 |
$2,014,754
$277,625 |
$3,260,116 |
| 18 |
$5,830,162 |
$2,117,490
$291,508 |
$3,421,164 |
| 19 |
$6,121,687 |
$2,225,355
$306,084 |
$3,590,248 |
| 20 |
$6,427,746 |
$2,338,596
$321,387 |
$3,767,763 |
| 21 |
$6,749,184 |
$2,457,528
$337,459 |
$3,954,197 |
| 22 |
$7,086,677 |
$2,582,401
$354,334 |
$4,149,942 |
| 23 |
$7,440,901 |
$2,713,464
$372,045 |
$4,355,392 |
| 24 |
$7,813,039 |
$2,851,155
$390,652 |
$4,571,232 |
| 25 |
$8,203,598 |
$2,995,662
$410,180 |
$4,797,756 |
| 26 |
$8,613,930 |
$3,147,484
$430,697 |
$5,035,749 |
| 27 |
$9,044,542 |
$3,306,811
$452,227 |
$5,285,504 |
| 28 |
$9,496,786 |
$3,474,141
$474,839 |
$5,547,806 |
| 29 |
$9,971,676 |
$3,649,851
$498,584 |
$5,823,241 |
| 30 |
$10,470,226 |
$3,834,314
$523,511 |
$6,112,401 |
|
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