Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat May 30, 2026 is estimated to be $172 Million, with a cash option of 75.6 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 May 30, 2026

Draw Date	Jackpot	Cash Option
Sat May 30, 2026	$172,000,000	$75,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$75,600,000
Federal Tax(24%)	$18,144,000
Additional Federal Tax	$9,788,330
State Tax(4.9%)	$3,704,400
Net Lumpsum Payment	$43,963,270

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,588,772	-$918,176 -$126,850	$1,543,746
2	$2,718,288	-$966,097 -$133,196	$1,618,995
3	$2,854,168	-$1,016,373 -$139,854	$1,697,941
4	$2,996,928	-$1,069,194 -$146,849	$1,780,885
5	$3,146,740	-$1,124,624 -$154,190	$1,867,926
6	$3,304,120	-$1,182,855 -$161,902	$1,959,363
7	$3,469,240	-$1,243,949 -$169,993	$2,055,298
8	$3,642,788	-$1,308,162 -$178,497	$2,156,129
9	$3,824,936	-$1,375,557 -$187,422	$2,261,957
10	$4,016,200	-$1,446,324 -$196,794	$2,373,082
11	$4,216,924	-$1,520,592 -$206,629	$2,489,703
12	$4,427,796	-$1,598,615 -$216,962	$2,612,219
13	$4,649,160	-$1,680,520 -$227,809	$2,740,831
14	$4,881,704	-$1,766,561 -$239,203	$2,875,940
15	$5,125,772	-$1,856,866 -$251,163	$3,017,743
16	$5,382,052	-$1,951,690 -$263,721	$3,166,641
17	$5,651,060	-$2,051,223 -$276,902	$3,322,935
18	$5,933,656	-$2,155,783 -$290,749	$3,487,124
19	$6,230,356	-$2,265,562 -$305,287	$3,659,507
20	$6,541,848	-$2,380,814 -$320,551	$3,840,483
21	$6,868,992	-$2,501,857 -$336,581	$4,030,554
22	$7,212,476	-$2,628,947 -$353,411	$4,230,118
23	$7,572,988	-$2,762,336 -$371,076	$4,439,576
24	$7,951,732	-$2,902,471 -$389,635	$4,659,626
25	$8,349,224	-$3,049,543 -$409,112	$4,890,569
26	$8,766,840	-$3,204,061 -$429,575	$5,133,204
27	$9,205,096	-$3,366,216 -$451,050	$5,387,830
28	$9,665,368	-$3,536,517 -$473,603	$5,655,248
29	$10,148,688	-$3,715,345 -$497,286	$5,936,057
30	$10,656,088	-$3,903,083 -$522,148	$6,230,857