Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Apr 20, 2026 is estimated to be $87 Million, with a cash option of 39.7 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Arkansas, your state will take 4.9% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Arkansas Powerball Jackpot/Cash Option for Mon Apr 20, 2026

Draw Date	Jackpot	Cash Option
Mon Apr 20, 2026	$87,000,000	$39,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$39,700,000
Federal Tax(24%)	$9,528,000
Additional Federal Tax	$5,121,330
State Tax(4.9%)	$1,945,300
Net Lumpsum Payment	$23,105,370

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,309,437	-$444,822 -$64,162	$800,453
2	$1,374,948	-$469,061 -$67,372	$838,515
3	$1,443,678	-$494,491 -$70,740	$878,447
4	$1,515,888	-$521,209 -$74,279	$920,400
5	$1,591,665	-$549,246 -$77,992	$964,427
6	$1,671,270	-$578,700 -$81,892	$1,010,678
7	$1,754,790	-$609,603 -$85,985	$1,059,202
8	$1,842,573	-$642,082 -$90,286	$1,110,205
9	$1,934,706	-$676,172 -$94,801	$1,163,733
10	$2,031,450	-$711,967 -$99,541	$1,219,942
11	$2,132,979	-$749,533 -$104,516	$1,278,930
12	$2,239,641	-$788,998 -$109,742	$1,340,901
13	$2,351,610	-$830,426 -$115,229	$1,405,955
14	$2,469,234	-$873,947 -$120,992	$1,474,295
15	$2,592,687	-$919,625 -$127,042	$1,546,020
16	$2,722,317	-$967,588 -$133,394	$1,621,335
17	$2,858,385	-$1,017,933 -$140,061	$1,700,391
18	$3,001,326	-$1,070,821 -$147,065	$1,783,440
19	$3,151,401	-$1,126,349 -$154,419	$1,870,633
20	$3,308,958	-$1,184,645 -$162,139	$1,962,174
21	$3,474,432	-$1,245,870 -$170,247	$2,058,315
22	$3,648,171	-$1,310,154 -$178,760	$2,159,257
23	$3,830,523	-$1,377,624 -$187,696	$2,265,203
24	$4,022,097	-$1,448,506 -$197,083	$2,376,508
25	$4,223,154	-$1,522,897 -$206,935	$2,493,322
26	$4,434,390	-$1,601,055 -$217,285	$2,616,050
27	$4,656,066	-$1,683,075 -$228,147	$2,744,844
28	$4,888,878	-$1,769,215 -$239,555	$2,880,108
29	$5,133,348	-$1,859,669 -$251,534	$3,022,145
30	$5,389,998	-$1,954,630 -$264,110	$3,171,258