Idaho Lottery

IDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Mar 9, 2026 is estimated to be $46 Million, with a cash option of 21.2 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 Idaho, your state will take 5.8% 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.

Idaho Powerball Jackpot/Cash Option for Mon Mar 9, 2026

Draw Date	Jackpot	Cash Option
Mon Mar 9, 2026	$46,000,000	$21,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$21,200,000
Federal Tax(24%)	$5,088,000
Additional Federal Tax	$2,716,330
State Tax(5.8%)	$1,229,600
Net Lumpsum Payment	$12,166,070

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$692,346	-$216,498 -$40,156	$435,692
2	$726,984	-$229,314 -$42,165	$455,505
3	$763,324	-$242,760 -$44,273	$476,291
4	$801,504	-$256,887 -$46,487	$498,130
5	$841,570	-$271,711 -$48,811	$521,048
6	$883,660	-$287,285 -$51,252	$545,123
7	$927,820	-$303,624 -$53,814	$570,382
8	$974,234	-$320,797 -$56,506	$596,931
9	$1,022,948	-$338,821 -$59,331	$624,796
10	$1,074,100	-$357,747 -$62,298	$654,055
11	$1,127,782	-$377,610 -$65,411	$684,761
12	$1,184,178	-$398,476 -$68,682	$717,020
13	$1,243,380	-$420,381 -$72,116	$750,883
14	$1,305,572	-$443,392 -$75,723	$786,457
15	$1,370,846	-$467,543 -$79,509	$823,794
16	$1,439,386	-$492,903 -$83,484	$862,999
17	$1,511,330	-$519,522 -$87,657	$904,151
18	$1,586,908	-$547,486 -$92,041	$947,381
19	$1,666,258	-$576,846 -$96,643	$992,769
20	$1,749,564	-$607,669 -$101,475	$1,040,420
21	$1,837,056	-$640,041 -$106,549	$1,090,466
22	$1,928,918	-$674,030 -$111,877	$1,143,011
23	$2,025,334	-$709,704 -$117,469	$1,198,161
24	$2,126,626	-$747,182 -$123,344	$1,256,100
25	$2,232,932	-$786,515 -$129,510	$1,316,907
26	$2,344,620	-$827,840 -$135,988	$1,380,792
27	$2,461,828	-$871,207 -$142,786	$1,447,835
28	$2,584,924	-$916,752 -$149,926	$1,518,246
29	$2,714,184	-$964,578 -$157,423	$1,592,183
30	$2,849,884	-$1,014,787 -$165,293	$1,669,804