Arizona Lottery

AZLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Nov 14, 2026 is estimated to be $63 Million, with a cash option of 27.1 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 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 Sat Nov 14, 2026

Draw Date	Jackpot	Cash Option
Sat Nov 14, 2026	$63,000,000	$27,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$27,100,000
Federal Tax(24%)	$6,504,000
Additional Federal Tax	$3,483,330
State Tax(2.5%)	$677,500
Net Lumpsum Payment	$16,435,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$948,213	-$311,169 -$23,705	$613,339
2	$995,652	-$328,722 -$24,891	$642,039
3	$1,045,422	-$347,137 -$26,136	$672,149
4	$1,097,712	-$366,484 -$27,443	$703,785
5	$1,152,585	-$386,787 -$28,815	$736,983
6	$1,210,230	-$408,115 -$30,256	$771,859
7	$1,270,710	-$430,493 -$31,768	$808,449
8	$1,334,277	-$454,013 -$33,357	$846,907
9	$1,400,994	-$478,698 -$35,025	$887,271
10	$1,471,050	-$504,619 -$36,776	$929,655
11	$1,544,571	-$531,822 -$38,614	$974,135
12	$1,621,809	-$560,400 -$40,545	$1,020,864
13	$1,702,890	-$590,400 -$42,572	$1,069,918
14	$1,788,066	-$621,915 -$44,702	$1,121,449
15	$1,877,463	-$654,992 -$46,937	$1,175,534
16	$1,971,333	-$689,724 -$49,283	$1,232,326
17	$2,069,865	-$726,180 -$51,747	$1,291,938
18	$2,173,374	-$764,479 -$54,334	$1,354,561
19	$2,282,049	-$804,689 -$57,051	$1,420,309
20	$2,396,142	-$846,903 -$59,904	$1,489,335
21	$2,515,968	-$891,239 -$62,899	$1,561,830
22	$2,641,779	-$937,789 -$66,044	$1,637,946
23	$2,773,827	-$986,646 -$69,346	$1,717,835
24	$2,912,553	-$1,037,975 -$72,814	$1,801,764
25	$3,058,146	-$1,091,844 -$76,454	$1,889,848
26	$3,211,110	-$1,148,441 -$80,278	$1,982,391
27	$3,371,634	-$1,207,835 -$84,291	$2,079,508
28	$3,540,222	-$1,270,213 -$88,506	$2,181,503
29	$3,717,252	-$1,335,714 -$92,931	$2,288,607
30	$3,903,102	-$1,404,478 -$97,578	$2,401,046