Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon May 11, 2026 is estimated to be $57 Million, with a cash option of 25.7 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 May 11, 2026

Draw Date Jackpot Cash Option
Mon May 11, 2026$57,000,000$25,700,000

Lumpsum Option Taxes and Payment

Category Amount
Cash Gross Payment$25,700,000
Federal Tax(24%)$6,168,000
Additional Federal Tax$3,301,330
State Tax(4.9%)$1,259,300
Net Lumpsum Payment$14,971,370

Annuity Payment in 30 Installations

Year Gross Payment Fed/State Tax Net Payment
1 $857,907 -$277,756
-$42,037
$538,114
2 $900,828 -$293,637
-$44,141
$563,050
3 $945,858 -$310,298
-$46,347
$589,213
4 $993,168 -$327,803
-$48,665
$616,700
5 $1,042,815 -$346,172
-$51,098
$645,545
6 $1,094,970 -$365,469
-$53,654
$675,847
7 $1,149,690 -$385,716
-$56,335
$707,639
8 $1,207,203 -$406,995
-$59,153
$741,055
9 $1,267,566 -$429,330
-$62,111
$776,125
10 $1,330,950 -$452,782
-$65,217
$812,951
11 $1,397,469 -$477,394
-$68,476
$851,599
12 $1,467,351 -$503,250
-$71,900
$892,201
13 $1,540,710 -$530,393
-$75,495
$934,822
14 $1,617,774 -$558,907
-$79,271
$979,596
15 $1,698,657 -$588,833
-$83,234
$1,026,590
16 $1,783,587 -$620,258
-$87,396
$1,075,933
17 $1,872,735 -$653,242
-$91,764
$1,127,729
18 $1,966,386 -$687,893
-$96,353
$1,182,140
19 $2,064,711 -$724,273
-$101,171
$1,239,267
20 $2,167,938 -$762,467
-$106,229
$1,299,242
21 $2,276,352 -$802,581
-$111,541
$1,362,230
22 $2,390,181 -$844,697
-$117,119
$1,428,365
23 $2,509,653 -$888,902
-$122,973
$1,497,778
24 $2,635,167 -$935,342
-$129,123
$1,570,702
25 $2,766,894 -$984,081
-$135,578
$1,647,235
26 $2,905,290 -$1,035,288
-$142,359
$1,727,643
27 $3,050,526 -$1,089,025
-$149,476
$1,812,025
28 $3,203,058 -$1,145,462
-$156,950
$1,900,646
29 $3,363,228 -$1,204,725
-$164,798
$1,993,705
30 $3,531,378 -$1,266,940
-$173,038
$2,091,400
5
7
Cash Option: $25.7 Million
Next Draw: Mon May 11
Powerball
Sat May 9, 2026
154146475622

Arkansas Lottery | Select a State Lottery