Idaho Lottery

IDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 14, 2026 is estimated to be $251 Million, with a cash option of 106.6 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 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 Sep 14, 2026

Draw Date	Jackpot	Cash Option
Mon Sep 14, 2026	$251,000,000	$106,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$106,600,000
Federal Tax(24%)	$25,584,000
Additional Federal Tax	$13,818,330
State Tax(5.8%)	$6,182,800
Net Lumpsum Payment	$61,014,870

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,777,801	-$1,358,117 -$219,112	$2,200,572
2	$3,966,804	-$1,428,048 -$230,075	$2,308,681
3	$4,165,094	-$1,501,415 -$241,575	$2,422,104
4	$4,373,424	-$1,578,497 -$253,659	$2,541,268
5	$4,592,045	-$1,659,387 -$266,339	$2,666,319
6	$4,821,710	-$1,744,363 -$279,659	$2,797,688
7	$5,062,670	-$1,833,518 -$293,635	$2,935,517
8	$5,315,929	-$1,927,224 -$308,324	$3,080,381
9	$5,581,738	-$2,025,573 -$323,741	$3,232,424
10	$5,860,850	-$2,128,845 -$339,929	$3,392,076
11	$6,153,767	-$2,237,224 -$356,918	$3,559,625
12	$6,461,493	-$2,351,083 -$374,767	$3,735,643
13	$6,784,530	-$2,470,606 -$393,503	$3,920,421
14	$7,123,882	-$2,596,167 -$413,185	$4,114,530
15	$7,480,051	-$2,727,949 -$433,843	$4,318,259
16	$7,854,041	-$2,866,326 -$455,534	$4,532,181
17	$8,246,605	-$3,011,574 -$478,303	$4,756,728
18	$8,658,998	-$3,164,160 -$502,222	$4,992,616
19	$9,091,973	-$3,324,360 -$527,334	$5,240,279
20	$9,546,534	-$3,492,548 -$553,699	$5,500,287
21	$10,023,936	-$3,669,187 -$581,388	$5,773,361
22	$10,525,183	-$3,854,648 -$610,461	$6,060,074
23	$11,051,279	-$4,049,304 -$640,974	$6,361,001
24	$11,603,981	-$4,253,803 -$673,031	$6,677,147
25	$12,184,042	-$4,468,426 -$706,674	$7,008,942
26	$12,793,470	-$4,693,914 -$742,021	$7,357,535
27	$13,433,018	-$4,930,547 -$779,115	$7,723,356
28	$14,104,694	-$5,179,067 -$818,072	$8,107,555
29	$14,810,004	-$5,440,032 -$858,980	$8,510,992
30	$15,550,454	-$5,713,998 -$901,926	$8,934,530