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 those living in Puerto Rico, the bright side is you won't have to pay any state taxes on your lottery prize.
| Puerto Rico 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(0%) | $0 | | Net Lumpsum Payment | $44,454,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,347,956 |
$829,074
$0 |
$1,518,882 |
| 2 |
$2,465,424 |
$872,537
$0 |
$1,592,887 |
| 3 |
$2,588,664 |
$918,136
$0 |
$1,670,528 |
| 4 |
$2,718,144 |
$966,044
$0 |
$1,752,100 |
| 5 |
$2,854,020 |
$1,016,318
$0 |
$1,837,702 |
| 6 |
$2,996,760 |
$1,069,132
$0 |
$1,927,628 |
| 7 |
$3,146,520 |
$1,124,543
$0 |
$2,021,977 |
| 8 |
$3,303,924 |
$1,182,782
$0 |
$2,121,142 |
| 9 |
$3,469,128 |
$1,243,908
$0 |
$2,225,220 |
| 10 |
$3,642,600 |
$1,308,092
$0 |
$2,334,508 |
| 11 |
$3,824,652 |
$1,375,452
$0 |
$2,449,200 |
| 12 |
$4,015,908 |
$1,446,216
$0 |
$2,569,692 |
| 13 |
$4,216,680 |
$1,520,502
$0 |
$2,696,178 |
| 14 |
$4,427,592 |
$1,598,539
$0 |
$2,829,053 |
| 15 |
$4,648,956 |
$1,680,444
$0 |
$2,968,512 |
| 16 |
$4,881,396 |
$1,766,447
$0 |
$3,114,949 |
| 17 |
$5,125,380 |
$1,856,721
$0 |
$3,268,659 |
| 18 |
$5,381,688 |
$1,951,555
$0 |
$3,430,133 |
| 19 |
$5,650,788 |
$2,051,122
$0 |
$3,599,666 |
| 20 |
$5,933,304 |
$2,155,653
$0 |
$3,777,651 |
| 21 |
$6,230,016 |
$2,265,436
$0 |
$3,964,580 |
| 22 |
$6,541,548 |
$2,380,703
$0 |
$4,160,845 |
| 23 |
$6,868,524 |
$2,501,684
$0 |
$4,366,840 |
| 24 |
$7,212,036 |
$2,628,784
$0 |
$4,583,252 |
| 25 |
$7,572,552 |
$2,762,175
$0 |
$4,810,377 |
| 26 |
$7,951,320 |
$2,902,319
$0 |
$5,049,001 |
| 27 |
$8,348,808 |
$3,049,389
$0 |
$5,299,419 |
| 28 |
$8,766,264 |
$3,203,848
$0 |
$5,562,416 |
| 29 |
$9,204,624 |
$3,366,041
$0 |
$5,838,583 |
| 30 |
$9,664,824 |
$3,536,315
$0 |
$6,128,509 |
|
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