Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jan 5, 2026 is estimated to be $86 Million, with a cash option of 38.8 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 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 Jan 5, 2026

Draw Date	Jackpot	Cash Option
Mon Jan 5, 2026	$86,000,000	$38,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$38,800,000
Federal Tax(24%)	$9,312,000
Additional Federal Tax	$5,004,330
State Tax(4.9%)	$1,901,200
Net Lumpsum Payment	$22,582,470

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,294,386	-$439,253 -$63,425	$791,708
2	$1,359,144	-$463,214 -$66,598	$829,332
3	$1,427,084	-$488,351 -$69,927	$868,806
4	$1,498,464	-$514,762 -$73,425	$910,277
5	$1,573,370	-$542,477 -$77,095	$953,798
6	$1,652,060	-$571,593 -$80,951	$999,516
7	$1,734,620	-$602,140 -$84,996	$1,047,484
8	$1,821,394	-$634,246 -$89,248	$1,097,900
9	$1,912,468	-$667,944 -$93,711	$1,150,813
10	$2,008,100	-$703,327 -$98,397	$1,206,376
11	$2,108,462	-$740,461 -$103,315	$1,264,686
12	$2,213,898	-$779,473 -$108,481	$1,325,944
13	$2,324,580	-$820,425 -$113,904	$1,390,251
14	$2,440,852	-$863,446 -$119,602	$1,457,804
15	$2,562,886	-$908,598 -$125,581	$1,528,707
16	$2,691,026	-$956,010 -$131,860	$1,603,156
17	$2,825,530	-$1,005,776 -$138,451	$1,681,303
18	$2,966,828	-$1,058,057 -$145,375	$1,763,396
19	$3,115,178	-$1,112,946 -$152,644	$1,849,588
20	$3,270,924	-$1,170,572 -$160,275	$1,940,077
21	$3,434,496	-$1,231,094 -$168,290	$2,035,112
22	$3,606,238	-$1,294,638 -$176,706	$2,134,894
23	$3,786,494	-$1,361,333 -$185,538	$2,239,623
24	$3,975,866	-$1,431,401 -$194,817	$2,349,648
25	$4,174,612	-$1,504,937 -$204,556	$2,465,119
26	$4,383,420	-$1,582,196 -$214,788	$2,586,436
27	$4,602,548	-$1,663,273 -$225,525	$2,713,750
28	$4,832,684	-$1,748,423 -$236,802	$2,847,459
29	$5,074,344	-$1,837,838 -$248,643	$2,987,863
30	$5,328,044	-$1,931,707 -$261,074	$3,135,263