Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jul 13, 2026 is estimated to be $478 Million, with a cash option of 212.2 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 Jul 13, 2026

Draw Date	Jackpot	Cash Option
Mon Jul 13, 2026	$478,000,000	$212,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$212,200,000
Federal Tax(24%)	$50,928,000
Additional Federal Tax	$27,546,330
State Tax(4.9%)	$10,397,800
Net Lumpsum Payment	$123,327,870

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$7,194,378	-$2,622,250 -$352,525	$4,219,603
2	$7,554,312	-$2,755,426 -$370,161	$4,428,725
3	$7,931,932	-$2,895,145 -$388,665	$4,648,122
4	$8,328,672	-$3,041,939 -$408,105	$4,878,628
5	$8,745,010	-$3,195,984 -$428,505	$5,120,521
6	$9,182,380	-$3,357,811 -$449,937	$5,374,632
7	$9,641,260	-$3,527,597 -$472,422	$5,641,241
8	$10,123,562	-$3,706,048 -$496,055	$5,921,459
9	$10,629,764	-$3,893,343 -$520,858	$6,215,563
10	$11,161,300	-$4,090,011 -$546,904	$6,524,385
11	$11,719,126	-$4,296,407 -$574,237	$6,848,482
12	$12,305,154	-$4,513,237 -$602,953	$7,188,964
13	$12,920,340	-$4,740,856 -$633,097	$7,546,387
14	$13,566,596	-$4,979,971 -$664,763	$7,921,862
15	$14,244,878	-$5,230,935 -$697,999	$8,315,944
16	$14,957,098	-$5,494,457 -$732,898	$8,729,743
17	$15,704,690	-$5,771,066 -$769,530	$9,164,094
18	$16,490,044	-$6,061,647 -$808,012	$9,620,385
19	$17,314,594	-$6,366,730 -$848,415	$10,099,449
20	$18,180,252	-$6,687,024 -$890,832	$10,602,396
21	$19,089,408	-$7,023,411 -$935,381	$11,130,616
22	$20,043,974	-$7,376,601 -$982,155	$11,685,218
23	$21,045,862	-$7,747,299 -$1,031,247	$12,267,316
24	$22,098,418	-$8,136,745 -$1,082,822	$12,878,851
25	$23,203,076	-$8,545,469 -$1,136,951	$13,520,656
26	$24,363,660	-$8,974,885 -$1,193,819	$14,194,956
27	$25,581,604	-$9,425,524 -$1,253,499	$14,902,581
28	$26,860,732	-$9,898,801 -$1,316,176	$15,645,755
29	$28,203,912	-$10,395,778 -$1,381,992	$16,426,142
30	$29,614,012	-$10,917,515 -$1,451,087	$17,245,410