Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Oct 26, 2026 is estimated to be $687 Million, with a cash option of 294.7 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 Arkansas, your state will take 4.9% 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.

Arkansas Powerball Jackpot/Cash Option for Mon Oct 26, 2026

Draw Date	Jackpot	Cash Option
Mon Oct 26, 2026	$687,000,000	$294,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$294,700,000
Federal Tax(24%)	$70,728,000
Additional Federal Tax	$38,271,330
State Tax(4.9%)	$14,440,300
Net Lumpsum Payment	$171,260,370

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$10,340,037	-$3,786,144 -$506,662	$6,047,231
2	$10,857,348	-$3,977,549 -$532,010	$6,347,789
3	$11,400,078	-$4,178,359 -$558,604	$6,663,115
4	$11,970,288	-$4,389,337 -$586,544	$6,994,407
5	$12,568,665	-$4,610,736 -$615,865	$7,342,064
6	$13,197,270	-$4,843,320 -$646,666	$7,707,284
7	$13,856,790	-$5,087,343 -$678,983	$8,090,464
8	$14,549,973	-$5,343,820 -$712,949	$8,493,204
9	$15,277,506	-$5,613,008 -$748,598	$8,915,900
10	$16,041,450	-$5,895,667 -$786,031	$9,359,752
11	$16,843,179	-$6,192,307 -$825,316	$9,825,556
12	$17,685,441	-$6,503,944 -$866,587	$10,314,910
13	$18,569,610	-$6,831,086 -$909,911	$10,828,613
14	$19,498,434	-$7,174,751 -$955,423	$11,368,260
15	$20,473,287	-$7,535,447 -$1,003,191	$11,934,649
16	$21,496,917	-$7,914,190 -$1,053,349	$12,529,378
17	$22,571,385	-$8,311,743 -$1,105,998	$13,153,644
18	$23,700,126	-$8,729,377 -$1,161,306	$13,809,443
19	$24,885,201	-$9,167,855 -$1,219,375	$14,497,971
20	$26,129,358	-$9,628,193 -$1,280,339	$15,220,826
21	$27,436,032	-$10,111,662 -$1,344,366	$15,980,004
22	$28,807,971	-$10,619,280 -$1,411,591	$16,777,100
23	$30,247,923	-$11,152,062 -$1,482,148	$17,613,713
24	$31,760,697	-$11,711,788 -$1,556,274	$18,492,635
25	$33,348,354	-$12,299,221 -$1,634,069	$19,415,064
26	$35,016,390	-$12,916,395 -$1,715,803	$20,384,192
27	$36,766,866	-$13,564,071 -$1,801,576	$21,401,219
28	$38,605,278	-$14,244,283 -$1,891,659	$22,469,336
29	$40,535,748	-$14,958,557 -$1,986,252	$23,590,939
30	$42,562,398	-$15,708,418 -$2,085,558	$24,768,422