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