Arizona Lottery

AZLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat May 30, 2026 is estimated to be $172 Million, with a cash option of 75.6 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 Arizona, your state will take 2.5% 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.

Arizona Powerball Jackpot/Cash Option for Sat May 30, 2026

Draw Date	Jackpot	Cash Option
Sat May 30, 2026	$172,000,000	$75,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$75,600,000
Federal Tax(24%)	$18,144,000
Additional Federal Tax	$9,788,330
State Tax(2.5%)	$1,890,000
Net Lumpsum Payment	$45,777,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,588,772	-$918,176 -$64,719	$1,605,877
2	$2,718,288	-$966,097 -$67,957	$1,684,234
3	$2,854,168	-$1,016,373 -$71,354	$1,766,441
4	$2,996,928	-$1,069,194 -$74,923	$1,852,811
5	$3,146,740	-$1,124,624 -$78,669	$1,943,447
6	$3,304,120	-$1,182,855 -$82,603	$2,038,662
7	$3,469,240	-$1,243,949 -$86,731	$2,138,560
8	$3,642,788	-$1,308,162 -$91,070	$2,243,556
9	$3,824,936	-$1,375,557 -$95,623	$2,353,756
10	$4,016,200	-$1,446,324 -$100,405	$2,469,471
11	$4,216,924	-$1,520,592 -$105,423	$2,590,909
12	$4,427,796	-$1,598,615 -$110,695	$2,718,486
13	$4,649,160	-$1,680,520 -$116,229	$2,852,411
14	$4,881,704	-$1,766,561 -$122,043	$2,993,100
15	$5,125,772	-$1,856,866 -$128,144	$3,140,762
16	$5,382,052	-$1,951,690 -$134,551	$3,295,811
17	$5,651,060	-$2,051,223 -$141,277	$3,458,560
18	$5,933,656	-$2,155,783 -$148,341	$3,629,532
19	$6,230,356	-$2,265,562 -$155,759	$3,809,035
20	$6,541,848	-$2,380,814 -$163,546	$3,997,488
21	$6,868,992	-$2,501,857 -$171,725	$4,195,410
22	$7,212,476	-$2,628,947 -$180,312	$4,403,217
23	$7,572,988	-$2,762,336 -$189,325	$4,621,327
24	$7,951,732	-$2,902,471 -$198,793	$4,850,468
25	$8,349,224	-$3,049,543 -$208,731	$5,090,950
26	$8,766,840	-$3,204,061 -$219,171	$5,343,608
27	$9,205,096	-$3,366,216 -$230,127	$5,608,753
28	$9,665,368	-$3,536,517 -$241,634	$5,887,217
29	$10,148,688	-$3,715,345 -$253,717	$6,179,626
30	$10,656,088	-$3,903,083 -$266,402	$6,486,603