The jackpot for the Powerball draw on Wed Feb 18, 2026, is projected to be $169 Million, with an option for a cash payout of $79.2 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 West Virginia residents, the state will deduct 6.5% from your lottery earnings.
| West Virginia Powerball Jackpot/Cash Option for Wed Feb 18, 2026 |
|---|
| Draw Date | Wed Feb 18, 2026 | | Projected Jackpot | $169,000,000 | | Cash Value | $79,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $79,200,000 | | Federal Tax(24%) | $19,008,000 | | Additional Federal Tax | $10,256,330 | | State Tax(6.5%) | $5,148,000 | | Net Lumpsum Payment | $44,787,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,543,619 |
$901,469
$165,335 |
$1,476,815 |
| 2 |
$2,670,876 |
$948,555
$173,607 |
$1,548,714 |
| 3 |
$2,804,386 |
$997,953
$182,285 |
$1,624,148 |
| 4 |
$2,944,656 |
$1,049,853
$191,403 |
$1,703,400 |
| 5 |
$3,091,855 |
$1,104,317
$200,971 |
$1,786,567 |
| 6 |
$3,246,490 |
$1,161,532
$211,022 |
$1,873,936 |
| 7 |
$3,408,730 |
$1,221,560
$221,567 |
$1,965,603 |
| 8 |
$3,579,251 |
$1,284,653
$232,651 |
$2,061,947 |
| 9 |
$3,758,222 |
$1,350,873
$244,284 |
$2,163,065 |
| 10 |
$3,946,150 |
$1,420,406
$256,500 |
$2,269,244 |
| 11 |
$4,143,373 |
$1,493,378
$269,319 |
$2,380,676 |
| 12 |
$4,350,567 |
$1,570,040
$282,787 |
$2,497,740 |
| 13 |
$4,568,070 |
$1,650,516
$296,925 |
$2,620,629 |
| 14 |
$4,796,558 |
$1,735,057
$311,776 |
$2,749,725 |
| 15 |
$5,036,369 |
$1,823,787
$327,364 |
$2,885,218 |
| 16 |
$5,288,179 |
$1,916,957
$343,732 |
$3,027,490 |
| 17 |
$5,552,495 |
$2,014,754
$360,912 |
$3,176,829 |
| 18 |
$5,830,162 |
$2,117,490
$378,961 |
$3,333,711 |
| 19 |
$6,121,687 |
$2,225,355
$397,910 |
$3,498,422 |
| 20 |
$6,427,746 |
$2,338,596
$417,803 |
$3,671,347 |
| 21 |
$6,749,184 |
$2,457,528
$438,697 |
$3,852,959 |
| 22 |
$7,086,677 |
$2,582,401
$460,634 |
$4,043,642 |
| 23 |
$7,440,901 |
$2,713,464
$483,659 |
$4,243,778 |
| 24 |
$7,813,039 |
$2,851,155
$507,848 |
$4,454,036 |
| 25 |
$8,203,598 |
$2,995,662
$533,234 |
$4,674,702 |
| 26 |
$8,613,930 |
$3,147,484
$559,905 |
$4,906,541 |
| 27 |
$9,044,542 |
$3,306,811
$587,895 |
$5,149,836 |
| 28 |
$9,496,786 |
$3,474,141
$617,291 |
$5,405,354 |
| 29 |
$9,971,676 |
$3,649,851
$648,159 |
$5,673,666 |
| 30 |
$10,470,226 |
$3,834,314
$680,565 |
$5,955,347 |
|
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