Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Aug 24, 2026 is estimated to be $81 Million, with a cash option of 34.8 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 Aug 24, 2026

Draw Date	Jackpot	Cash Option
Mon Aug 24, 2026	$81,000,000	$34,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$34,800,000
Federal Tax(24%)	$8,352,000
Additional Federal Tax	$4,484,330
State Tax(4.9%)	$1,705,200
Net Lumpsum Payment	$20,258,470

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,219,131	-$411,409 -$59,737	$747,985
2	$1,280,124	-$433,976 -$62,726	$783,422
3	$1,344,114	-$457,653 -$65,862	$820,599
4	$1,411,344	-$482,528 -$69,156	$859,660
5	$1,481,895	-$508,632 -$72,613	$900,650
6	$1,556,010	-$536,054 -$76,244	$943,712
7	$1,633,770	-$564,825 -$80,055	$988,890
8	$1,715,499	-$595,065 -$84,059	$1,036,375
9	$1,801,278	-$626,803 -$88,263	$1,086,212
10	$1,891,350	-$660,130 -$92,676	$1,138,544
11	$1,985,877	-$695,105 -$97,308	$1,193,464
12	$2,085,183	-$731,848 -$102,174	$1,251,161
13	$2,189,430	-$770,419 -$107,282	$1,311,729
14	$2,298,942	-$810,939 -$112,648	$1,375,355
15	$2,413,881	-$853,466 -$118,280	$1,442,135
16	$2,534,571	-$898,122 -$124,194	$1,512,255
17	$2,661,255	-$944,995 -$130,401	$1,585,859
18	$2,794,338	-$994,235 -$136,923	$1,663,180
19	$2,934,063	-$1,045,934 -$143,769	$1,744,360
20	$3,080,754	-$1,100,209 -$150,957	$1,829,588
21	$3,234,816	-$1,157,212 -$158,506	$1,919,098
22	$3,396,573	-$1,217,062 -$166,432	$2,013,079
23	$3,566,349	-$1,279,880 -$174,751	$2,111,718
24	$3,744,711	-$1,345,873 -$183,491	$2,215,347
25	$3,931,902	-$1,415,134 -$192,663	$2,324,105
26	$4,128,570	-$1,487,901 -$202,300	$2,438,369
27	$4,334,958	-$1,564,265 -$212,413	$2,558,280
28	$4,551,714	-$1,644,465 -$223,034	$2,684,215
29	$4,779,324	-$1,728,680 -$234,187	$2,816,457
30	$5,018,274	-$1,817,092 -$245,895	$2,955,287