Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Mar 10, 2025 is estimated to be $335 Million, with a cash option of 157.3 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 Mar 10, 2025

Draw Date	Jackpot	Cash Option
Mon Mar 10, 2025	$335,000,000	$157,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$157,300,000
Federal Tax(24%)	$37,752,000
Additional Federal Tax	$20,409,330
State Tax(4.9%)	$7,707,700
Net Lumpsum Payment	$91,430,970

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,042,085	-$1,825,902 -$247,062	$2,969,121
2	$5,294,340	-$1,919,236 -$259,423	$3,115,681
3	$5,558,990	-$2,017,157 -$272,391	$3,269,442
4	$5,837,040	-$2,120,035 -$286,015	$3,430,990
5	$6,128,825	-$2,227,996 -$300,312	$3,600,517
6	$6,435,350	-$2,341,410 -$315,332	$3,778,608
7	$6,756,950	-$2,460,402 -$331,091	$3,965,457
8	$7,094,965	-$2,585,467 -$347,653	$4,161,845
9	$7,449,730	-$2,716,730 -$365,037	$4,367,963
10	$7,822,250	-$2,854,563 -$383,290	$4,584,397
11	$8,213,195	-$2,999,213 -$402,447	$4,811,535
12	$8,623,905	-$3,151,175 -$422,571	$5,050,159
13	$9,055,050	-$3,310,699 -$443,697	$5,300,654
14	$9,507,970	-$3,478,279 -$465,891	$5,563,800
15	$9,983,335	-$3,654,164 -$489,183	$5,839,988
16	$10,482,485	-$3,838,850 -$513,642	$6,129,993
17	$11,006,425	-$4,032,708 -$539,315	$6,434,402
18	$11,556,830	-$4,236,357 -$566,285	$6,754,188
19	$12,134,705	-$4,450,171 -$594,601	$7,089,933
20	$12,741,390	-$4,674,645 -$624,328	$7,442,417
21	$13,378,560	-$4,910,398 -$655,549	$7,812,613
22	$14,047,555	-$5,157,926 -$688,330	$8,201,299
23	$14,749,715	-$5,417,725 -$722,736	$8,609,254
24	$15,487,385	-$5,690,663 -$758,882	$9,037,840
25	$16,261,570	-$5,977,111 -$796,817	$9,487,642
26	$17,074,950	-$6,278,062 -$836,673	$9,960,215
27	$17,928,530	-$6,593,886 -$878,498	$10,456,146
28	$18,824,990	-$6,925,577 -$922,425	$10,976,988
29	$19,766,340	-$7,273,876 -$968,551	$11,523,913
30	$20,754,590	-$7,639,529 -$1,016,975	$12,098,086