Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Jun 7, 2025 is estimated to be $44 Million, with a cash option of 19.7 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 Sat Jun 7, 2025

Draw Date Jackpot Cash Option
Sat Jun 7, 2025$44,000,000$19,700,000

Lumpsum Option Taxes and Payment

Category Amount
Cash Gross Payment$19,700,000
Federal Tax(24%)$4,728,000
Additional Federal Tax$2,521,330
State Tax(4.9%)$965,300
Net Lumpsum Payment$11,485,370

Annuity Payment in 30 Installations

Year Gross Payment Fed/State Tax Net Payment
1 $662,244 -$205,361
-$32,450
$424,433
2 $695,376 -$217,620
-$34,073
$443,683
3 $730,136 -$230,481
-$35,777
$463,878
4 $766,656 -$243,993
-$37,566
$485,097
5 $804,980 -$258,173
-$39,444
$507,363
6 $845,240 -$273,069
-$41,417
$530,754
7 $887,480 -$288,698
-$43,487
$555,295
8 $931,876 -$305,125
-$45,662
$581,089
9 $978,472 -$322,365
-$47,945
$608,162
10 $1,027,400 -$340,468
-$50,343
$636,589
11 $1,078,748 -$359,467
-$52,859
$666,422
12 $1,132,692 -$379,426
-$55,502
$697,764
13 $1,189,320 -$400,379
-$58,277
$730,664
14 $1,248,808 -$422,389
-$61,192
$765,227
15 $1,311,244 -$445,491
-$64,251
$801,502
16 $1,376,804 -$469,748
-$67,463
$839,593
17 $1,445,620 -$495,210
-$70,835
$879,575
18 $1,517,912 -$521,958
-$74,378
$921,576
19 $1,593,812 -$550,041
-$78,097
$965,674
20 $1,673,496 -$579,524
-$82,001
$1,011,971
21 $1,757,184 -$610,488
-$86,102
$1,060,594
22 $1,845,052 -$643,000
-$90,408
$1,111,644
23 $1,937,276 -$677,123
-$94,927
$1,165,226
24 $2,034,164 -$712,971
-$99,674
$1,221,519
25 $2,135,848 -$750,594
-$104,657
$1,280,597
26 $2,242,680 -$790,122
-$109,891
$1,342,667
27 $2,354,792 -$831,603
-$115,385
$1,407,804
28 $2,472,536 -$875,169
-$121,154
$1,476,213
29 $2,596,176 -$920,916
-$127,213
$1,548,047
30 $2,725,976 -$968,942
-$133,573
$1,623,461
4
4
Cash Option: $19.7 Million
Next Draw: Sat Jun 7
Powerball
Wed Jun 4, 2025
051723354524

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