Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Feb 16, 2026 is estimated to be $154 Million, with a cash option of 72.2 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 Feb 16, 2026

Draw Date	Jackpot	Cash Option
Mon Feb 16, 2026	$154,000,000	$72,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$72,200,000
Federal Tax(24%)	$17,328,000
Additional Federal Tax	$9,346,330
State Tax(4.9%)	$3,537,800
Net Lumpsum Payment	$41,987,870

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,317,854	-$817,936 -$113,575	$1,386,343
2	$2,433,816	-$860,842 -$119,257	$1,453,717
3	$2,555,476	-$905,857 -$125,218	$1,524,401
4	$2,683,296	-$953,150 -$131,482	$1,598,664
5	$2,817,430	-$1,002,779 -$138,054	$1,676,597
6	$2,958,340	-$1,054,916 -$144,959	$1,758,465
7	$3,106,180	-$1,109,617 -$152,203	$1,844,360
8	$3,261,566	-$1,167,110 -$159,817	$1,934,639
9	$3,424,652	-$1,227,452 -$167,808	$2,029,392
10	$3,595,900	-$1,290,813 -$176,199	$2,128,888
11	$3,775,618	-$1,357,309 -$185,005	$2,233,304
12	$3,964,422	-$1,427,167 -$194,257	$2,342,998
13	$4,162,620	-$1,500,500 -$203,968	$2,458,152
14	$4,370,828	-$1,577,537 -$214,171	$2,579,120
15	$4,589,354	-$1,658,391 -$224,878	$2,706,085
16	$4,818,814	-$1,743,292 -$236,122	$2,839,400
17	$5,059,670	-$1,832,408 -$247,924	$2,979,338
18	$5,312,692	-$1,926,026 -$260,322	$3,126,344
19	$5,578,342	-$2,024,317 -$273,339	$3,280,686
20	$5,857,236	-$2,127,508 -$287,005	$3,442,723
21	$6,150,144	-$2,235,884 -$301,357	$3,612,903
22	$6,457,682	-$2,349,673 -$316,426	$3,791,583
23	$6,780,466	-$2,469,103 -$332,243	$3,979,120
24	$7,119,574	-$2,594,573 -$348,859	$4,176,142
25	$7,475,468	-$2,726,254 -$366,298	$4,382,916
26	$7,849,380	-$2,864,601 -$384,620	$4,600,159
27	$8,241,772	-$3,009,786 -$403,847	$4,828,139
28	$8,653,876	-$3,162,265 -$424,040	$5,067,571
29	$9,086,616	-$3,322,378 -$445,244	$5,318,994
30	$9,540,916	-$3,490,469 -$467,505	$5,582,942