Idaho Lottery

IDLottery 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 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 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(5.8%)	$4,384,800
Net Lumpsum Payment	$43,282,870

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,588,772	-$918,176 -$150,149	$1,520,447
2	$2,718,288	-$966,097 -$157,661	$1,594,530
3	$2,854,168	-$1,016,373 -$165,542	$1,672,253
4	$2,996,928	-$1,069,194 -$173,822	$1,753,912
5	$3,146,740	-$1,124,624 -$182,511	$1,839,605
6	$3,304,120	-$1,182,855 -$191,639	$1,929,626
7	$3,469,240	-$1,243,949 -$201,216	$2,024,075
8	$3,642,788	-$1,308,162 -$211,282	$2,123,344
9	$3,824,936	-$1,375,557 -$221,846	$2,227,533
10	$4,016,200	-$1,446,324 -$232,940	$2,336,936
11	$4,216,924	-$1,520,592 -$244,582	$2,451,750
12	$4,427,796	-$1,598,615 -$256,812	$2,572,369
13	$4,649,160	-$1,680,520 -$269,651	$2,698,989
14	$4,881,704	-$1,766,561 -$283,139	$2,832,004
15	$5,125,772	-$1,856,866 -$297,295	$2,971,611
16	$5,382,052	-$1,951,690 -$312,159	$3,118,203
17	$5,651,060	-$2,051,223 -$327,761	$3,272,076
18	$5,933,656	-$2,155,783 -$344,152	$3,433,721
19	$6,230,356	-$2,265,562 -$361,361	$3,603,433
20	$6,541,848	-$2,380,814 -$379,427	$3,781,607
21	$6,868,992	-$2,501,857 -$398,402	$3,968,733
22	$7,212,476	-$2,628,947 -$418,324	$4,165,205
23	$7,572,988	-$2,762,336 -$439,233	$4,371,419
24	$7,951,732	-$2,902,471 -$461,200	$4,588,061
25	$8,349,224	-$3,049,543 -$484,255	$4,815,426
26	$8,766,840	-$3,204,061 -$508,477	$5,054,302
27	$9,205,096	-$3,366,216 -$533,896	$5,304,984
28	$9,665,368	-$3,536,517 -$560,591	$5,568,260
29	$10,148,688	-$3,715,345 -$588,624	$5,844,719
30	$10,656,088	-$3,903,083 -$618,053	$6,134,952