Arkansas Lottery

ARLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Aug 3, 2026 is estimated to be $748 Million, with a cash option of 325.1 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 Aug 3, 2026

Draw Date	Jackpot	Cash Option
Mon Aug 3, 2026	$748,000,000	$325,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$325,100,000
Federal Tax(24%)	$78,024,000
Additional Federal Tax	$42,223,330
State Tax(4.9%)	$15,929,900
Net Lumpsum Payment	$188,922,770

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$11,258,148	-$4,125,845 -$551,649	$6,580,654
2	$11,821,392	-$4,334,245 -$579,248	$6,907,899
3	$12,412,312	-$4,552,886 -$608,203	$7,251,223
4	$13,033,152	-$4,782,597 -$638,624	$7,611,931
5	$13,684,660	-$5,023,655 -$670,548	$7,990,457
6	$14,369,080	-$5,276,890 -$704,085	$8,388,105
7	$15,087,160	-$5,542,580 -$739,271	$8,805,309
8	$15,841,892	-$5,821,830 -$776,253	$9,243,809
9	$16,634,024	-$6,114,919 -$815,067	$9,704,038
10	$17,465,800	-$6,422,676 -$855,824	$10,187,300
11	$18,338,716	-$6,745,655 -$898,597	$10,694,464
12	$19,255,764	-$7,084,963 -$943,532	$11,227,269
13	$20,218,440	-$7,441,153 -$990,704	$11,786,583
14	$21,229,736	-$7,815,333 -$1,040,257	$12,374,146
15	$22,291,148	-$8,208,055 -$1,092,266	$12,990,827
16	$23,405,668	-$8,620,428 -$1,146,878	$13,638,362
17	$24,575,540	-$9,053,280 -$1,204,201	$14,318,059
18	$25,804,504	-$9,507,997 -$1,264,421	$15,032,086
19	$27,094,804	-$9,985,408 -$1,327,645	$15,781,751
20	$28,449,432	-$10,486,620 -$1,394,022	$16,568,790
21	$29,872,128	-$11,013,018 -$1,463,734	$17,395,376
22	$31,365,884	-$11,565,707 -$1,536,928	$18,263,249
23	$32,933,692	-$12,145,796 -$1,613,751	$19,174,145
24	$34,580,788	-$12,755,222 -$1,694,459	$20,131,107
25	$36,309,416	-$13,394,814 -$1,779,161	$21,135,441
26	$38,125,560	-$14,066,788 -$1,868,152	$22,190,620
27	$40,031,464	-$14,771,972 -$1,961,542	$23,297,950
28	$42,033,112	-$15,512,582 -$2,059,622	$24,460,908
29	$44,134,992	-$16,290,277 -$2,162,615	$25,682,100
30	$46,341,592	-$17,106,719 -$2,270,738	$26,964,135