Ohio Lottery

OHLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 14, 2026 is estimated to be $251 Million, with a cash option of 106.6 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 Ohio, your state will take 3.99% 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.

Ohio Powerball Jackpot/Cash Option for Mon Sep 14, 2026

Draw Date	Jackpot	Cash Option
Mon Sep 14, 2026	$251,000,000	$106,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$106,600,000
Federal Tax(24%)	$25,584,000
Additional Federal Tax	$13,818,330
State Tax(3.99%)	$4,253,340
Net Lumpsum Payment	$62,944,330

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,777,801	-$1,358,117 -$150,734	$2,268,950
2	$3,966,804	-$1,428,048 -$158,275	$2,380,481
3	$4,165,094	-$1,501,415 -$166,187	$2,497,492
4	$4,373,424	-$1,578,497 -$174,500	$2,620,427
5	$4,592,045	-$1,659,387 -$183,223	$2,749,435
6	$4,821,710	-$1,744,363 -$192,386	$2,884,961
7	$5,062,670	-$1,833,518 -$202,001	$3,027,151
8	$5,315,929	-$1,927,224 -$212,106	$3,176,599
9	$5,581,738	-$2,025,573 -$222,711	$3,333,454
10	$5,860,850	-$2,128,845 -$233,848	$3,498,157
11	$6,153,767	-$2,237,224 -$245,535	$3,671,008
12	$6,461,493	-$2,351,083 -$257,814	$3,852,596
13	$6,784,530	-$2,470,606 -$270,703	$4,043,221
14	$7,123,882	-$2,596,167 -$284,243	$4,243,472
15	$7,480,051	-$2,727,949 -$298,454	$4,453,648
16	$7,854,041	-$2,866,326 -$313,376	$4,674,339
17	$8,246,605	-$3,011,574 -$329,040	$4,905,991
18	$8,658,998	-$3,164,160 -$345,494	$5,149,344
19	$9,091,973	-$3,324,360 -$362,770	$5,404,843
20	$9,546,534	-$3,492,548 -$380,907	$5,673,079
21	$10,023,936	-$3,669,187 -$399,955	$5,954,794
22	$10,525,183	-$3,854,648 -$419,955	$6,250,580
23	$11,051,279	-$4,049,304 -$440,946	$6,561,029
24	$11,603,981	-$4,253,803 -$462,999	$6,887,179
25	$12,184,042	-$4,468,426 -$486,143	$7,229,473
26	$12,793,470	-$4,693,914 -$510,459	$7,589,097
27	$13,433,018	-$4,930,547 -$535,977	$7,966,494
28	$14,104,694	-$5,179,067 -$562,777	$8,362,850
29	$14,810,004	-$5,440,032 -$590,919	$8,779,053
30	$15,550,454	-$5,713,998 -$620,463	$9,215,993