Louisiana Lottery

LALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jan 5, 2026 is estimated to be $86 Million, with a cash option of 38.8 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 Louisiana, your state will take 4.75% 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.

Louisiana Powerball Jackpot/Cash Option for Mon Jan 5, 2026

Draw Date	Jackpot	Cash Option
Mon Jan 5, 2026	$86,000,000	$38,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$38,800,000
Federal Tax(24%)	$9,312,000
Additional Federal Tax	$5,004,330
State Tax(4.75%)	$1,843,000
Net Lumpsum Payment	$22,640,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,294,386	-$439,253 -$61,483	$793,650
2	$1,359,144	-$463,214 -$64,559	$831,371
3	$1,427,084	-$488,351 -$67,786	$870,947
4	$1,498,464	-$514,762 -$71,177	$912,525
5	$1,573,370	-$542,477 -$74,735	$956,158
6	$1,652,060	-$571,593 -$78,473	$1,001,994
7	$1,734,620	-$602,140 -$82,394	$1,050,086
8	$1,821,394	-$634,246 -$86,516	$1,100,632
9	$1,912,468	-$667,944 -$90,842	$1,153,682
10	$2,008,100	-$703,327 -$95,385	$1,209,388
11	$2,108,462	-$740,461 -$100,152	$1,267,849
12	$2,213,898	-$779,473 -$105,160	$1,329,265
13	$2,324,580	-$820,425 -$110,418	$1,393,737
14	$2,440,852	-$863,446 -$115,940	$1,461,466
15	$2,562,886	-$908,598 -$121,737	$1,532,551
16	$2,691,026	-$956,010 -$127,824	$1,607,192
17	$2,825,530	-$1,005,776 -$134,213	$1,685,541
18	$2,966,828	-$1,058,057 -$140,924	$1,767,847
19	$3,115,178	-$1,112,946 -$147,971	$1,854,261
20	$3,270,924	-$1,170,572 -$155,369	$1,944,983
21	$3,434,496	-$1,231,094 -$163,139	$2,040,263
22	$3,606,238	-$1,294,638 -$171,296	$2,140,304
23	$3,786,494	-$1,361,333 -$179,858	$2,245,303
24	$3,975,866	-$1,431,401 -$188,854	$2,355,611
25	$4,174,612	-$1,504,937 -$198,294	$2,471,381
26	$4,383,420	-$1,582,196 -$208,212	$2,593,012
27	$4,602,548	-$1,663,273 -$218,621	$2,720,654
28	$4,832,684	-$1,748,423 -$229,552	$2,854,709
29	$5,074,344	-$1,837,838 -$241,031	$2,995,475
30	$5,328,044	-$1,931,707 -$253,082	$3,143,255