Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Jun 18, 2025 is estimated to be $101 Million, with a cash option of 45.7 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 Wed Jun 18, 2025

Draw Date	Jackpot	Cash Option
Wed Jun 18, 2025	$101,000,000	$45,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$45,700,000
Federal Tax(24%)	$10,968,000
Additional Federal Tax	$5,901,330
State Tax(4.9%)	$2,239,300
Net Lumpsum Payment	$26,591,370

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,520,151	-$522,786 -$74,487	$922,878
2	$1,596,204	-$550,926 -$78,214	$967,064
3	$1,675,994	-$580,448 -$82,124	$1,013,422
4	$1,759,824	-$611,465 -$86,231	$1,062,128
5	$1,847,795	-$644,015 -$90,542	$1,113,238
6	$1,940,210	-$678,208 -$95,070	$1,166,932
7	$2,037,170	-$714,083 -$99,821	$1,223,266
8	$2,139,079	-$751,790 -$104,815	$1,282,474
9	$2,246,038	-$791,364 -$110,056	$1,344,618
10	$2,358,350	-$832,920 -$115,559	$1,409,871
11	$2,476,217	-$876,531 -$121,335	$1,478,351
12	$2,600,043	-$922,346 -$127,402	$1,550,295
13	$2,730,030	-$970,441 -$133,771	$1,625,818
14	$2,866,582	-$1,020,966 -$140,463	$1,705,153
15	$3,009,901	-$1,073,994 -$147,485	$1,788,422
16	$3,160,391	-$1,129,675 -$154,859	$1,875,857
17	$3,318,355	-$1,188,122 -$162,599	$1,967,634
18	$3,484,298	-$1,249,521 -$170,731	$2,064,046
19	$3,658,523	-$1,313,984 -$179,268	$2,165,271
20	$3,841,434	-$1,381,661 -$188,230	$2,271,543
21	$4,033,536	-$1,452,739 -$197,643	$2,383,154
22	$4,235,233	-$1,527,367 -$207,526	$2,500,340
23	$4,446,929	-$1,605,694 -$217,900	$2,623,335
24	$4,669,331	-$1,687,983 -$228,797	$2,752,551
25	$4,902,742	-$1,774,345 -$240,234	$2,888,163
26	$5,147,970	-$1,865,079 -$252,251	$3,030,640
27	$5,405,318	-$1,960,298 -$264,861	$3,180,159
28	$5,675,594	-$2,060,300 -$278,104	$3,337,190
29	$5,959,404	-$2,165,310 -$292,011	$3,502,083
30	$6,257,354	-$2,275,551 -$306,610	$3,675,193