New York Lottery

NYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Nov 14, 2026 is estimated to be $63 Million, with a cash option of 27.1 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 New York, your state will take 8.82% 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.

New York Powerball Jackpot/Cash Option for Sat Nov 14, 2026

Draw Date	Jackpot	Cash Option
Sat Nov 14, 2026	$63,000,000	$27,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$27,100,000
Federal Tax(24%)	$6,504,000
Additional Federal Tax	$3,483,330
State Tax(8.82%)	$2,390,220
Net Lumpsum Payment	$14,722,450

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$948,213	-$311,169 -$83,632	$553,412
2	$995,652	-$328,722 -$87,817	$579,113
3	$1,045,422	-$347,137 -$92,206	$606,079
4	$1,097,712	-$366,484 -$96,818	$634,410
5	$1,152,585	-$386,787 -$101,658	$664,140
6	$1,210,230	-$408,115 -$106,742	$695,373
7	$1,270,710	-$430,493 -$112,077	$728,140
8	$1,334,277	-$454,013 -$117,683	$762,581
9	$1,400,994	-$478,698 -$123,568	$798,728
10	$1,471,050	-$504,619 -$129,747	$836,684
11	$1,544,571	-$531,822 -$136,231	$876,518
12	$1,621,809	-$560,400 -$143,044	$918,365
13	$1,702,890	-$590,400 -$150,195	$962,295
14	$1,788,066	-$621,915 -$157,707	$1,008,444
15	$1,877,463	-$654,992 -$165,592	$1,056,879
16	$1,971,333	-$689,724 -$173,872	$1,107,737
17	$2,069,865	-$726,180 -$182,562	$1,161,123
18	$2,173,374	-$764,479 -$191,692	$1,217,203
19	$2,282,049	-$804,689 -$201,277	$1,276,083
20	$2,396,142	-$846,903 -$211,340	$1,337,899
21	$2,515,968	-$891,239 -$221,908	$1,402,821
22	$2,641,779	-$937,789 -$233,005	$1,470,985
23	$2,773,827	-$986,646 -$244,652	$1,542,529
24	$2,912,553	-$1,037,975 -$256,887	$1,617,691
25	$3,058,146	-$1,091,844 -$269,728	$1,696,574
26	$3,211,110	-$1,148,441 -$283,220	$1,779,449
27	$3,371,634	-$1,207,835 -$297,378	$1,866,421
28	$3,540,222	-$1,270,213 -$312,248	$1,957,761
29	$3,717,252	-$1,335,714 -$327,862	$2,053,676
30	$3,903,102	-$1,404,478 -$344,254	$2,154,370