Washington DC Lottery

DCLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Feb 16, 2026 is estimated to be $154 Million, with a cash option of 72.2 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 Washington DC, your state will take 10.75% 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.

Washington DC Powerball Jackpot/Cash Option for Mon Feb 16, 2026

Draw Date	Jackpot	Cash Option
Mon Feb 16, 2026	$154,000,000	$72,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$72,200,000
Federal Tax(24%)	$17,328,000
Additional Federal Tax	$9,346,330
State Tax(10.75%)	$7,761,500
Net Lumpsum Payment	$37,764,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,317,854	-$817,936 -$249,169	$1,250,749
2	$2,433,816	-$860,842 -$261,635	$1,311,339
3	$2,555,476	-$905,857 -$274,714	$1,374,905
4	$2,683,296	-$953,150 -$288,454	$1,441,692
5	$2,817,430	-$1,002,779 -$302,874	$1,511,777
6	$2,958,340	-$1,054,916 -$318,022	$1,585,402
7	$3,106,180	-$1,109,617 -$333,914	$1,662,649
8	$3,261,566	-$1,167,110 -$350,618	$1,743,838
9	$3,424,652	-$1,227,452 -$368,150	$1,829,050
10	$3,595,900	-$1,290,813 -$386,559	$1,918,528
11	$3,775,618	-$1,357,309 -$405,879	$2,012,430
12	$3,964,422	-$1,427,167 -$426,175	$2,111,080
13	$4,162,620	-$1,500,500 -$447,482	$2,214,638
14	$4,370,828	-$1,577,537 -$469,864	$2,323,427
15	$4,589,354	-$1,658,391 -$493,356	$2,437,607
16	$4,818,814	-$1,743,292 -$518,023	$2,557,499
17	$5,059,670	-$1,832,408 -$543,915	$2,683,347
18	$5,312,692	-$1,926,026 -$571,114	$2,815,552
19	$5,578,342	-$2,024,317 -$599,672	$2,954,353
20	$5,857,236	-$2,127,508 -$629,653	$3,100,075
21	$6,150,144	-$2,235,884 -$661,140	$3,253,120
22	$6,457,682	-$2,349,673 -$694,201	$3,413,808
23	$6,780,466	-$2,469,103 -$728,900	$3,582,463
24	$7,119,574	-$2,594,573 -$765,354	$3,759,647
25	$7,475,468	-$2,726,254 -$803,613	$3,945,601
26	$7,849,380	-$2,864,601 -$843,808	$4,140,971
27	$8,241,772	-$3,009,786 -$885,990	$4,345,996
28	$8,653,876	-$3,162,265 -$930,292	$4,561,319
29	$9,086,616	-$3,322,378 -$976,811	$4,787,427
30	$9,540,916	-$3,490,469 -$1,025,648	$5,024,799