Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Jan 3, 2026 is estimated to be $64 Million, with a cash option of 29.5 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 Jan 3, 2026

Draw Date	Jackpot	Cash Option
Sat Jan 3, 2026	$64,000,000	$29,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$29,500,000
Federal Tax(24%)	$7,080,000
Additional Federal Tax	$3,795,330
State Tax(4.9%)	$1,445,500
Net Lumpsum Payment	$17,179,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$963,264	-$316,738 -$47,200	$599,326
2	$1,011,456	-$334,569 -$49,561	$627,326
3	$1,062,016	-$353,276 -$52,039	$656,701
4	$1,115,136	-$372,931 -$54,642	$687,563
5	$1,170,880	-$393,556 -$57,373	$719,951
6	$1,229,440	-$415,223 -$60,243	$753,974
7	$1,290,880	-$437,956 -$63,253	$789,671
8	$1,355,456	-$461,849 -$66,417	$827,190
9	$1,423,232	-$486,926 -$69,738	$866,568
10	$1,494,400	-$513,258 -$73,226	$907,916
11	$1,569,088	-$540,893 -$76,885	$951,310
12	$1,647,552	-$569,925 -$80,730	$996,897
13	$1,729,920	-$600,401 -$84,766	$1,044,753
14	$1,816,448	-$632,416 -$89,006	$1,095,026
15	$1,907,264	-$666,018 -$93,456	$1,147,790
16	$2,002,624	-$701,301 -$98,129	$1,203,194
17	$2,102,720	-$738,337 -$103,033	$1,261,350
18	$2,207,872	-$777,243 -$108,186	$1,322,443
19	$2,318,272	-$818,091 -$113,595	$1,386,586
20	$2,434,176	-$860,976 -$119,275	$1,453,925
21	$2,555,904	-$906,015 -$125,239	$1,524,650
22	$2,683,712	-$953,304 -$131,502	$1,598,906
23	$2,817,856	-$1,002,937 -$138,075	$1,676,844
24	$2,958,784	-$1,055,080 -$144,980	$1,758,724
25	$3,106,688	-$1,109,805 -$152,228	$1,844,655
26	$3,262,080	-$1,167,300 -$159,842	$1,934,938
27	$3,425,152	-$1,227,637 -$167,832	$2,029,683
28	$3,596,416	-$1,291,004 -$176,224	$2,129,188
29	$3,776,256	-$1,357,545 -$185,037	$2,233,674
30	$3,965,056	-$1,427,401 -$194,288	$2,343,367