Kentucky Lottery

KYLottery 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 Kentucky, your state will take 4.5% 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.

Kentucky 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(4.5%)	$3,249,000
Net Lumpsum Payment	$42,276,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,317,854	-$817,936 -$104,303	$1,395,615
2	$2,433,816	-$860,842 -$109,522	$1,463,452
3	$2,555,476	-$905,857 -$114,996	$1,534,623
4	$2,683,296	-$953,150 -$120,748	$1,609,398
5	$2,817,430	-$1,002,779 -$126,784	$1,687,867
6	$2,958,340	-$1,054,916 -$133,125	$1,770,299
7	$3,106,180	-$1,109,617 -$139,778	$1,856,785
8	$3,261,566	-$1,167,110 -$146,770	$1,947,686
9	$3,424,652	-$1,227,452 -$154,109	$2,043,091
10	$3,595,900	-$1,290,813 -$161,816	$2,143,271
11	$3,775,618	-$1,357,309 -$169,903	$2,248,406
12	$3,964,422	-$1,427,167 -$178,399	$2,358,856
13	$4,162,620	-$1,500,500 -$187,318	$2,474,802
14	$4,370,828	-$1,577,537 -$196,687	$2,596,604
15	$4,589,354	-$1,658,391 -$206,521	$2,724,442
16	$4,818,814	-$1,743,292 -$216,847	$2,858,675
17	$5,059,670	-$1,832,408 -$227,685	$2,999,577
18	$5,312,692	-$1,926,026 -$239,071	$3,147,595
19	$5,578,342	-$2,024,317 -$251,025	$3,303,000
20	$5,857,236	-$2,127,508 -$263,576	$3,466,152
21	$6,150,144	-$2,235,884 -$276,756	$3,637,504
22	$6,457,682	-$2,349,673 -$290,596	$3,817,413
23	$6,780,466	-$2,469,103 -$305,121	$4,006,242
24	$7,119,574	-$2,594,573 -$320,381	$4,204,620
25	$7,475,468	-$2,726,254 -$336,396	$4,412,818
26	$7,849,380	-$2,864,601 -$353,222	$4,631,557
27	$8,241,772	-$3,009,786 -$370,880	$4,861,106
28	$8,653,876	-$3,162,265 -$389,424	$5,102,187
29	$9,086,616	-$3,322,378 -$408,898	$5,355,340
30	$9,540,916	-$3,490,469 -$429,341	$5,621,106