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 Missouri residents, the state will deduct 4% from your lottery earnings.
| Missouri 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(4%) | $2,820,000 | | Net Lumpsum Payment | $41,634,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,347,956 |
$829,074
$93,918 |
$1,424,964 |
| 2 |
$2,465,424 |
$872,537
$98,617 |
$1,494,270 |
| 3 |
$2,588,664 |
$918,136
$103,547 |
$1,566,981 |
| 4 |
$2,718,144 |
$966,044
$108,726 |
$1,643,374 |
| 5 |
$2,854,020 |
$1,016,318
$114,161 |
$1,723,541 |
| 6 |
$2,996,760 |
$1,069,132
$119,870 |
$1,807,758 |
| 7 |
$3,146,520 |
$1,124,543
$125,861 |
$1,896,116 |
| 8 |
$3,303,924 |
$1,182,782
$132,157 |
$1,988,985 |
| 9 |
$3,469,128 |
$1,243,908
$138,765 |
$2,086,455 |
| 10 |
$3,642,600 |
$1,308,092
$145,704 |
$2,188,804 |
| 11 |
$3,824,652 |
$1,375,452
$152,986 |
$2,296,214 |
| 12 |
$4,015,908 |
$1,446,216
$160,636 |
$2,409,056 |
| 13 |
$4,216,680 |
$1,520,502
$168,667 |
$2,527,511 |
| 14 |
$4,427,592 |
$1,598,539
$177,104 |
$2,651,949 |
| 15 |
$4,648,956 |
$1,680,444
$185,958 |
$2,782,554 |
| 16 |
$4,881,396 |
$1,766,447
$195,256 |
$2,919,693 |
| 17 |
$5,125,380 |
$1,856,721
$205,015 |
$3,063,644 |
| 18 |
$5,381,688 |
$1,951,555
$215,268 |
$3,214,865 |
| 19 |
$5,650,788 |
$2,051,122
$226,032 |
$3,373,634 |
| 20 |
$5,933,304 |
$2,155,653
$237,332 |
$3,540,319 |
| 21 |
$6,230,016 |
$2,265,436
$249,201 |
$3,715,379 |
| 22 |
$6,541,548 |
$2,380,703
$261,662 |
$3,899,183 |
| 23 |
$6,868,524 |
$2,501,684
$274,741 |
$4,092,099 |
| 24 |
$7,212,036 |
$2,628,784
$288,481 |
$4,294,771 |
| 25 |
$7,572,552 |
$2,762,175
$302,902 |
$4,507,475 |
| 26 |
$7,951,320 |
$2,902,319
$318,053 |
$4,730,948 |
| 27 |
$8,348,808 |
$3,049,389
$333,952 |
$4,965,467 |
| 28 |
$8,766,264 |
$3,203,848
$350,651 |
$5,211,765 |
| 29 |
$9,204,624 |
$3,366,041
$368,185 |
$5,470,398 |
| 30 |
$9,664,824 |
$3,536,315
$386,593 |
$5,741,916 |
|
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