The jackpot for the Powerball draw on Sat Jan 17, 2026, is projected to be $179 Million, with an option for a cash payout of $80.8 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 Oklahoma residents, the state will deduct 4.75% from your lottery earnings.
| Oklahoma Powerball Jackpot/Cash Option for Sat Jan 17, 2026 |
|---|
| Draw Date | Sat Jan 17, 2026 | | Projected Jackpot | $179,000,000 | | Cash Value | $80,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $80,800,000 | | Federal Tax(24%) | $19,392,000 | | Additional Federal Tax | $10,464,330 | | State Tax(4.75%) | $3,838,000 | | Net Lumpsum Payment | $47,105,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,694,129 |
$957,158
$127,971 |
$1,609,000 |
| 2 |
$2,828,916 |
$1,007,029
$134,374 |
$1,687,513 |
| 3 |
$2,970,326 |
$1,059,351
$141,090 |
$1,769,885 |
| 4 |
$3,118,896 |
$1,114,322
$148,148 |
$1,856,426 |
| 5 |
$3,274,805 |
$1,172,008
$155,553 |
$1,947,244 |
| 6 |
$3,438,590 |
$1,232,609
$163,333 |
$2,042,648 |
| 7 |
$3,610,430 |
$1,296,189
$171,495 |
$2,142,746 |
| 8 |
$3,791,041 |
$1,363,016
$180,074 |
$2,247,951 |
| 9 |
$3,980,602 |
$1,433,153
$189,079 |
$2,358,370 |
| 10 |
$4,179,650 |
$1,506,801
$198,533 |
$2,474,316 |
| 11 |
$4,388,543 |
$1,584,091
$208,456 |
$2,595,996 |
| 12 |
$4,607,997 |
$1,665,289
$218,880 |
$2,723,828 |
| 13 |
$4,838,370 |
$1,750,527
$229,823 |
$2,858,020 |
| 14 |
$5,080,378 |
$1,840,070
$241,318 |
$2,998,990 |
| 15 |
$5,334,379 |
$1,934,051
$253,383 |
$3,146,945 |
| 16 |
$5,601,089 |
$2,032,733
$266,052 |
$3,302,304 |
| 17 |
$5,881,045 |
$2,136,317
$279,350 |
$3,465,378 |
| 18 |
$6,175,142 |
$2,245,133
$293,319 |
$3,636,690 |
| 19 |
$6,483,917 |
$2,359,380
$307,986 |
$3,816,551 |
| 20 |
$6,808,086 |
$2,479,322
$323,384 |
$4,005,380 |
| 21 |
$7,148,544 |
$2,605,292
$339,556 |
$4,203,696 |
| 22 |
$7,506,007 |
$2,737,553
$356,535 |
$4,411,919 |
| 23 |
$7,881,191 |
$2,876,371
$374,357 |
$4,630,463 |
| 24 |
$8,275,349 |
$3,022,210
$393,079 |
$4,860,060 |
| 25 |
$8,689,018 |
$3,175,267
$412,728 |
$5,101,023 |
| 26 |
$9,123,630 |
$3,336,073
$433,372 |
$5,354,185 |
| 27 |
$9,579,722 |
$3,504,828
$455,037 |
$5,619,857 |
| 28 |
$10,058,726 |
$3,682,059
$477,789 |
$5,898,878 |
| 29 |
$10,561,716 |
$3,868,165
$501,682 |
$6,191,869 |
| 30 |
$11,089,766 |
$4,063,544
$526,764 |
$6,499,458 |
|
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