New York Lottery

NYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Mar 30, 2026 is estimated to be $180 Million, with a cash option of 80.8 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 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 Mon Mar 30, 2026

Draw Date	Jackpot	Cash Option
Mon Mar 30, 2026	$180,000,000	$80,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$80,800,000
Federal Tax(24%)	$19,392,000
Additional Federal Tax	$10,464,330
State Tax(8.82%)	$7,126,560
Net Lumpsum Payment	$43,817,110

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,709,180	-$962,727 -$238,950	$1,507,503
2	$2,844,720	-$1,012,877 -$250,904	$1,580,939
3	$2,986,920	-$1,065,491 -$263,446	$1,657,983
4	$3,136,320	-$1,120,769 -$276,623	$1,738,928
5	$3,293,100	-$1,178,777 -$290,451	$1,823,872
6	$3,457,800	-$1,239,716 -$304,978	$1,913,106
7	$3,630,600	-$1,303,652 -$320,219	$2,006,729
8	$3,812,220	-$1,370,852 -$336,238	$2,105,130
9	$4,002,840	-$1,441,381 -$353,050	$2,208,409
10	$4,203,000	-$1,515,440 -$370,705	$2,316,855
11	$4,413,060	-$1,593,163 -$389,232	$2,430,665
12	$4,633,740	-$1,674,814 -$408,696	$2,550,230
13	$4,865,400	-$1,760,528 -$429,128	$2,675,744
14	$5,108,760	-$1,850,572 -$450,593	$2,807,595
15	$5,364,180	-$1,945,077 -$473,121	$2,945,982
16	$5,632,380	-$2,044,311 -$496,776	$3,091,293
17	$5,913,900	-$2,148,473 -$521,606	$3,243,821
18	$6,209,640	-$2,257,897 -$547,690	$3,404,053
19	$6,520,140	-$2,372,782 -$575,076	$3,572,282
20	$6,846,120	-$2,493,395 -$603,828	$3,748,897
21	$7,188,480	-$2,620,068 -$634,024	$3,934,388
22	$7,547,940	-$2,753,068 -$665,728	$4,129,144
23	$7,925,220	-$2,892,662 -$699,004	$4,333,554
24	$8,321,580	-$3,039,315 -$733,963	$4,548,302
25	$8,737,560	-$3,193,228 -$770,653	$4,773,679
26	$9,174,600	-$3,354,932 -$809,200	$5,010,468
27	$9,633,240	-$3,524,629 -$849,652	$5,258,959
28	$10,114,920	-$3,702,851 -$892,136	$5,519,933
29	$10,620,720	-$3,889,997 -$936,748	$5,793,975
30	$11,151,720	-$4,086,467 -$983,582	$6,081,671