Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jun 30, 2025 is estimated to be $162 Million, with a cash option of 74.2 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 Jun 30, 2025

Draw Date	Jackpot	Cash Option
Mon Jun 30, 2025	$162,000,000	$74,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$74,200,000
Federal Tax(24%)	$17,808,000
Additional Federal Tax	$9,606,330
State Tax(4.9%)	$3,635,800
Net Lumpsum Payment	$43,149,870

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,438,262	-$862,487 -$119,475	$1,456,300
2	$2,560,248	-$907,622 -$125,452	$1,527,174
3	$2,688,228	-$954,975 -$131,723	$1,601,530
4	$2,822,688	-$1,004,725 -$138,312	$1,679,651
5	$2,963,790	-$1,056,933 -$145,226	$1,761,631
6	$3,112,020	-$1,111,778 -$152,489	$1,847,753
7	$3,267,540	-$1,169,320 -$160,109	$1,938,111
8	$3,430,998	-$1,229,800 -$168,119	$2,033,079
9	$3,602,556	-$1,293,276 -$176,525	$2,132,755
10	$3,782,700	-$1,359,929 -$185,352	$2,237,419
11	$3,971,754	-$1,429,879 -$194,616	$2,347,259
12	$4,170,366	-$1,503,366 -$204,348	$2,462,652
13	$4,378,860	-$1,580,509 -$214,564	$2,583,787
14	$4,597,884	-$1,661,547 -$225,296	$2,711,041
15	$4,827,762	-$1,746,602 -$236,560	$2,844,600
16	$5,069,142	-$1,835,913 -$248,388	$2,984,841
17	$5,322,510	-$1,929,659 -$260,803	$3,132,048
18	$5,588,676	-$2,028,141 -$273,845	$3,286,690
19	$5,868,126	-$2,131,537 -$287,538	$3,449,051
20	$6,161,508	-$2,240,088 -$301,914	$3,619,506
21	$6,469,632	-$2,354,094 -$317,012	$3,798,526
22	$6,793,146	-$2,473,794 -$332,864	$3,986,488
23	$7,132,698	-$2,599,429 -$349,502	$4,183,767
24	$7,489,422	-$2,731,417 -$366,982	$4,391,023
25	$7,863,804	-$2,869,938 -$385,326	$4,608,540
26	$8,257,140	-$3,015,472 -$404,600	$4,837,068
27	$8,669,916	-$3,168,199 -$424,826	$5,076,891
28	$9,103,428	-$3,328,599 -$446,068	$5,328,761
29	$9,558,648	-$3,497,030 -$468,374	$5,593,244
30	$10,036,548	-$3,673,853 -$491,791	$5,870,904