Arizona Lottery

AZLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jul 13, 2026 is estimated to be $478 Million, with a cash option of 212.2 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 Jul 13, 2026

Draw Date	Jackpot	Cash Option
Mon Jul 13, 2026	$478,000,000	$212,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$212,200,000
Federal Tax(24%)	$50,928,000
Additional Federal Tax	$27,546,330
State Tax(2.5%)	$5,305,000
Net Lumpsum Payment	$128,420,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$7,194,378	-$2,622,250 -$179,859	$4,392,269
2	$7,554,312	-$2,755,426 -$188,858	$4,610,028
3	$7,931,932	-$2,895,145 -$198,298	$4,838,489
4	$8,328,672	-$3,041,939 -$208,217	$5,078,516
5	$8,745,010	-$3,195,984 -$218,625	$5,330,401
6	$9,182,380	-$3,357,811 -$229,560	$5,595,009
7	$9,641,260	-$3,527,597 -$241,032	$5,872,631
8	$10,123,562	-$3,706,048 -$253,089	$6,164,425
9	$10,629,764	-$3,893,343 -$265,744	$6,470,677
10	$11,161,300	-$4,090,011 -$279,033	$6,792,256
11	$11,719,126	-$4,296,407 -$292,978	$7,129,741
12	$12,305,154	-$4,513,237 -$307,629	$7,484,288
13	$12,920,340	-$4,740,856 -$323,009	$7,856,475
14	$13,566,596	-$4,979,971 -$339,165	$8,247,460
15	$14,244,878	-$5,230,935 -$356,122	$8,657,821
16	$14,957,098	-$5,494,457 -$373,927	$9,088,714
17	$15,704,690	-$5,771,066 -$392,617	$9,541,007
18	$16,490,044	-$6,061,647 -$412,251	$10,016,146
19	$17,314,594	-$6,366,730 -$432,865	$10,514,999
20	$18,180,252	-$6,687,024 -$454,506	$11,038,722
21	$19,089,408	-$7,023,411 -$477,235	$11,588,762
22	$20,043,974	-$7,376,601 -$501,099	$12,166,274
23	$21,045,862	-$7,747,299 -$526,147	$12,772,416
24	$22,098,418	-$8,136,745 -$552,460	$13,409,213
25	$23,203,076	-$8,545,469 -$580,077	$14,077,530
26	$24,363,660	-$8,974,885 -$609,092	$14,779,683
27	$25,581,604	-$9,425,524 -$639,540	$15,516,540
28	$26,860,732	-$9,898,801 -$671,518	$16,290,413
29	$28,203,912	-$10,395,778 -$705,098	$17,103,036
30	$29,614,012	-$10,917,515 -$740,350	$17,956,147