The jackpot for the Powerball draw on Sat Feb 21, 2026, is projected to be $190 Million, with an option for a cash payout of $89.1 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 those living in New Hampshire, the bright side is you won't have to pay any state taxes on your lottery prize.
| New Hampshire Powerball Jackpot/Cash Option for Sat Feb 21, 2026 |
|---|
| Draw Date | Sat Feb 21, 2026 | | Projected Jackpot | $190,000,000 | | Cash Value | $89,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $89,100,000 | | Federal Tax(24%) | $21,384,000 | | Additional Federal Tax | $11,543,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $56,172,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,859,690 |
$1,018,416
$0 |
$1,841,274 |
| 2 |
$3,002,760 |
$1,071,352
$0 |
$1,931,408 |
| 3 |
$3,152,860 |
$1,126,889
$0 |
$2,025,971 |
| 4 |
$3,310,560 |
$1,185,238
$0 |
$2,125,322 |
| 5 |
$3,476,050 |
$1,246,469
$0 |
$2,229,581 |
| 6 |
$3,649,900 |
$1,310,793
$0 |
$2,339,107 |
| 7 |
$3,832,300 |
$1,378,281
$0 |
$2,454,019 |
| 8 |
$4,024,010 |
$1,449,214
$0 |
$2,574,796 |
| 9 |
$4,225,220 |
$1,523,662
$0 |
$2,701,558 |
| 10 |
$4,436,500 |
$1,601,835
$0 |
$2,834,665 |
| 11 |
$4,658,230 |
$1,683,875
$0 |
$2,974,355 |
| 12 |
$4,891,170 |
$1,770,063
$0 |
$3,121,107 |
| 13 |
$5,135,700 |
$1,860,539
$0 |
$3,275,161 |
| 14 |
$5,392,580 |
$1,955,585
$0 |
$3,436,995 |
| 15 |
$5,662,190 |
$2,055,341
$0 |
$3,606,849 |
| 16 |
$5,945,290 |
$2,160,088
$0 |
$3,785,202 |
| 17 |
$6,242,450 |
$2,270,037
$0 |
$3,972,413 |
| 18 |
$6,554,620 |
$2,385,540
$0 |
$4,169,080 |
| 19 |
$6,882,370 |
$2,506,807
$0 |
$4,375,563 |
| 20 |
$7,226,460 |
$2,634,121
$0 |
$4,592,339 |
| 21 |
$7,587,840 |
$2,767,831
$0 |
$4,820,009 |
| 22 |
$7,967,270 |
$2,908,220
$0 |
$5,059,050 |
| 23 |
$8,365,510 |
$3,055,569
$0 |
$5,309,941 |
| 24 |
$8,783,890 |
$3,210,370
$0 |
$5,573,520 |
| 25 |
$9,222,980 |
$3,372,833
$0 |
$5,850,147 |
| 26 |
$9,684,300 |
$3,543,521
$0 |
$6,140,779 |
| 27 |
$10,168,420 |
$3,722,646
$0 |
$6,445,774 |
| 28 |
$10,676,860 |
$3,910,769
$0 |
$6,766,091 |
| 29 |
$11,210,760 |
$4,108,312
$0 |
$7,102,448 |
| 30 |
$11,771,260 |
$4,315,697
$0 |
$7,455,563 |
|
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