Arizona Lottery

AZLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Mar 9, 2026 is estimated to be $46 Million, with a cash option of 21.2 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 Arizona, your state will take 2.5% 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.

Arizona Powerball Jackpot/Cash Option for Mon Mar 9, 2026

Draw Date	Jackpot	Cash Option
Mon Mar 9, 2026	$46,000,000	$21,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$21,200,000
Federal Tax(24%)	$5,088,000
Additional Federal Tax	$2,716,330
State Tax(2.5%)	$530,000
Net Lumpsum Payment	$12,865,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$692,346	-$216,498 -$17,309	$458,539
2	$726,984	-$229,314 -$18,175	$479,495
3	$763,324	-$242,760 -$19,083	$501,481
4	$801,504	-$256,887 -$20,038	$524,579
5	$841,570	-$271,711 -$21,039	$548,820
6	$883,660	-$287,285 -$22,092	$574,283
7	$927,820	-$303,624 -$23,196	$601,000
8	$974,234	-$320,797 -$24,356	$629,081
9	$1,022,948	-$338,821 -$25,574	$658,553
10	$1,074,100	-$357,747 -$26,853	$689,500
11	$1,127,782	-$377,610 -$28,195	$721,977
12	$1,184,178	-$398,476 -$29,604	$756,098
13	$1,243,380	-$420,381 -$31,085	$791,914
14	$1,305,572	-$443,392 -$32,639	$829,541
15	$1,370,846	-$467,543 -$34,271	$869,032
16	$1,439,386	-$492,903 -$35,985	$910,498
17	$1,511,330	-$519,522 -$37,783	$954,025
18	$1,586,908	-$547,486 -$39,673	$999,749
19	$1,666,258	-$576,846 -$41,656	$1,047,756
20	$1,749,564	-$607,669 -$43,739	$1,098,156
21	$1,837,056	-$640,041 -$45,926	$1,151,089
22	$1,928,918	-$674,030 -$48,223	$1,206,665
23	$2,025,334	-$709,704 -$50,633	$1,264,997
24	$2,126,626	-$747,182 -$53,166	$1,326,278
25	$2,232,932	-$786,515 -$55,823	$1,390,594
26	$2,344,620	-$827,840 -$58,616	$1,458,164
27	$2,461,828	-$871,207 -$61,546	$1,529,075
28	$2,584,924	-$916,752 -$64,623	$1,603,549
29	$2,714,184	-$964,578 -$67,855	$1,681,751
30	$2,849,884	-$1,014,787 -$71,247	$1,763,850