Louisiana Lottery

LALottery 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 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 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(4.75%)	$1,007,000
Net Lumpsum Payment	$12,388,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$692,346	-$216,498 -$32,886	$442,962
2	$726,984	-$229,314 -$34,532	$463,138
3	$763,324	-$242,760 -$36,258	$484,306
4	$801,504	-$256,887 -$38,071	$506,546
5	$841,570	-$271,711 -$39,975	$529,884
6	$883,660	-$287,285 -$41,974	$554,401
7	$927,820	-$303,624 -$44,071	$580,125
8	$974,234	-$320,797 -$46,276	$607,161
9	$1,022,948	-$338,821 -$48,590	$635,537
10	$1,074,100	-$357,747 -$51,020	$665,333
11	$1,127,782	-$377,610 -$53,570	$696,602
12	$1,184,178	-$398,476 -$56,248	$729,454
13	$1,243,380	-$420,381 -$59,061	$763,938
14	$1,305,572	-$443,392 -$62,015	$800,165
15	$1,370,846	-$467,543 -$65,115	$838,188
16	$1,439,386	-$492,903 -$68,371	$878,112
17	$1,511,330	-$519,522 -$71,788	$920,020
18	$1,586,908	-$547,486 -$75,378	$964,044
19	$1,666,258	-$576,846 -$79,147	$1,010,265
20	$1,749,564	-$607,669 -$83,104	$1,058,791
21	$1,837,056	-$640,041 -$87,260	$1,109,755
22	$1,928,918	-$674,030 -$91,624	$1,163,264
23	$2,025,334	-$709,704 -$96,203	$1,219,427
24	$2,126,626	-$747,182 -$101,015	$1,278,429
25	$2,232,932	-$786,515 -$106,064	$1,340,353
26	$2,344,620	-$827,840 -$111,369	$1,405,411
27	$2,461,828	-$871,207 -$116,937	$1,473,684
28	$2,584,924	-$916,752 -$122,784	$1,545,388
29	$2,714,184	-$964,578 -$128,924	$1,620,682
30	$2,849,884	-$1,014,787 -$135,369	$1,699,728