Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Apr 26, 2025 is estimated to be $168 Million, with a cash option of 77.1 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 Sat Apr 26, 2025

Draw Date	Jackpot	Cash Option
Sat Apr 26, 2025	$168,000,000	$77,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$77,100,000
Federal Tax(24%)	$18,504,000
Additional Federal Tax	$9,983,330
State Tax(4.9%)	$3,777,900
Net Lumpsum Payment	$44,834,770

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,528,568	-$895,901 -$123,900	$1,508,767
2	$2,655,072	-$942,707 -$130,099	$1,582,266
3	$2,787,792	-$991,813 -$136,602	$1,659,377
4	$2,927,232	-$1,043,406 -$143,434	$1,740,392
5	$3,073,560	-$1,097,548 -$150,604	$1,825,408
6	$3,227,280	-$1,154,424 -$158,137	$1,914,719
7	$3,388,560	-$1,214,098 -$166,039	$2,008,423
8	$3,558,072	-$1,276,817 -$174,346	$2,106,909
9	$3,735,984	-$1,342,644 -$183,063	$2,210,277
10	$3,922,800	-$1,411,766 -$192,217	$2,318,817
11	$4,118,856	-$1,484,307 -$201,824	$2,432,725
12	$4,324,824	-$1,560,515 -$211,916	$2,552,393
13	$4,541,040	-$1,640,515 -$222,511	$2,678,014
14	$4,768,176	-$1,724,556 -$233,641	$2,809,979
15	$5,006,568	-$1,812,761 -$245,322	$2,948,485
16	$5,256,888	-$1,905,379 -$257,588	$3,093,921
17	$5,519,640	-$2,002,597 -$270,462	$3,246,581
18	$5,795,664	-$2,104,726 -$283,988	$3,406,950
19	$6,085,464	-$2,211,952 -$298,188	$3,575,324
20	$6,389,712	-$2,324,524 -$313,096	$3,752,092
21	$6,709,248	-$2,442,752 -$328,753	$3,937,743
22	$7,044,744	-$2,566,886 -$345,192	$4,132,666
23	$7,396,872	-$2,697,173 -$362,447	$4,337,252
24	$7,766,808	-$2,834,049 -$380,574	$4,552,185
25	$8,155,056	-$2,977,701 -$399,598	$4,777,757
26	$8,562,960	-$3,128,626 -$419,585	$5,014,749
27	$8,991,024	-$3,287,009 -$440,560	$5,263,455
28	$9,440,592	-$3,453,349 -$462,589	$5,524,654
29	$9,912,672	-$3,628,019 -$485,721	$5,798,932
30	$10,408,272	-$3,811,391 -$510,005	$6,086,876