The jackpot for the Powerball draw on Sat Sep 5, 2026, is projected to be $173 Million, with an option for a cash payout of $75 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 Louisiana residents, the state will deduct 4.75% from your lottery earnings.
| Louisiana Powerball Jackpot/Cash Option for Sat Sep 5, 2026 |
|---|
| Draw Date | Sat Sep 5, 2026 | | Projected Jackpot | $173,000,000 | | Cash Value | $75,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $75,000,000 | | Federal Tax(24%) | $18,000,000 | | Additional Federal Tax | $9,710,330 | | State Tax(4.75%) | $3,562,500 | | Net Lumpsum Payment | $43,727,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,603,823 |
$923,745
$123,682 |
$1,556,396 |
| 2 |
$2,734,092 |
$971,944
$129,869 |
$1,632,279 |
| 3 |
$2,870,762 |
$1,022,512
$136,361 |
$1,711,889 |
| 4 |
$3,014,352 |
$1,075,641
$143,182 |
$1,795,529 |
| 5 |
$3,165,035 |
$1,131,393
$150,339 |
$1,883,303 |
| 6 |
$3,323,330 |
$1,189,962
$157,858 |
$1,975,510 |
| 7 |
$3,489,410 |
$1,251,412
$165,747 |
$2,072,251 |
| 8 |
$3,663,967 |
$1,315,998
$174,038 |
$2,173,931 |
| 9 |
$3,847,174 |
$1,383,785
$182,741 |
$2,280,648 |
| 10 |
$4,039,550 |
$1,454,964
$191,879 |
$2,392,707 |
| 11 |
$4,241,441 |
$1,529,664
$201,468 |
$2,510,309 |
| 12 |
$4,453,539 |
$1,608,140
$211,543 |
$2,633,856 |
| 13 |
$4,676,190 |
$1,690,521
$222,119 |
$2,763,550 |
| 14 |
$4,910,086 |
$1,777,062
$233,229 |
$2,899,795 |
| 15 |
$5,155,573 |
$1,867,892
$244,890 |
$3,042,791 |
| 16 |
$5,413,343 |
$1,963,267
$257,134 |
$3,192,942 |
| 17 |
$5,683,915 |
$2,063,379
$269,986 |
$3,350,550 |
| 18 |
$5,968,154 |
$2,168,547
$283,487 |
$3,516,120 |
| 19 |
$6,266,579 |
$2,278,965
$297,663 |
$3,689,951 |
| 20 |
$6,579,882 |
$2,394,887
$312,544 |
$3,872,451 |
| 21 |
$6,908,928 |
$2,516,634
$328,174 |
$4,064,120 |
| 22 |
$7,254,409 |
$2,644,462
$344,584 |
$4,265,363 |
| 23 |
$7,617,017 |
$2,778,627
$361,808 |
$4,476,582 |
| 24 |
$7,997,963 |
$2,919,577
$379,903 |
$4,698,483 |
| 25 |
$8,397,766 |
$3,067,504
$398,894 |
$4,931,368 |
| 26 |
$8,817,810 |
$3,222,920
$418,846 |
$5,176,044 |
| 27 |
$9,258,614 |
$3,386,018
$439,784 |
$5,432,812 |
| 28 |
$9,721,562 |
$3,557,308
$461,774 |
$5,702,480 |
| 29 |
$10,207,692 |
$3,737,176
$484,865 |
$5,985,651 |
| 30 |
$10,718,042 |
$3,926,006
$509,107 |
$6,282,929 |
|
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