Arizona Lottery

AZLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon May 11, 2026 is estimated to be $57 Million, with a cash option of 25.7 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 May 11, 2026

Draw Date	Jackpot	Cash Option
Mon May 11, 2026	$57,000,000	$25,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$25,700,000
Federal Tax(24%)	$6,168,000
Additional Federal Tax	$3,301,330
State Tax(2.5%)	$642,500
Net Lumpsum Payment	$15,588,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$857,907	-$277,756 -$21,448	$558,703
2	$900,828	-$293,637 -$22,521	$584,670
3	$945,858	-$310,298 -$23,646	$611,914
4	$993,168	-$327,803 -$24,829	$640,536
5	$1,042,815	-$346,172 -$26,070	$670,573
6	$1,094,970	-$365,469 -$27,374	$702,127
7	$1,149,690	-$385,716 -$28,742	$735,232
8	$1,207,203	-$406,995 -$30,180	$770,028
9	$1,267,566	-$429,330 -$31,689	$806,547
10	$1,330,950	-$452,782 -$33,274	$844,894
11	$1,397,469	-$477,394 -$34,937	$885,138
12	$1,467,351	-$503,250 -$36,684	$927,417
13	$1,540,710	-$530,393 -$38,518	$971,799
14	$1,617,774	-$558,907 -$40,444	$1,018,423
15	$1,698,657	-$588,833 -$42,466	$1,067,358
16	$1,783,587	-$620,258 -$44,590	$1,118,739
17	$1,872,735	-$653,242 -$46,818	$1,172,675
18	$1,966,386	-$687,893 -$49,160	$1,229,333
19	$2,064,711	-$724,273 -$51,618	$1,288,820
20	$2,167,938	-$762,467 -$54,198	$1,351,273
21	$2,276,352	-$802,581 -$56,909	$1,416,862
22	$2,390,181	-$844,697 -$59,755	$1,485,729
23	$2,509,653	-$888,902 -$62,741	$1,558,010
24	$2,635,167	-$935,342 -$65,879	$1,633,946
25	$2,766,894	-$984,081 -$69,172	$1,713,641
26	$2,905,290	-$1,035,288 -$72,632	$1,797,370
27	$3,050,526	-$1,089,025 -$76,263	$1,885,238
28	$3,203,058	-$1,145,462 -$80,076	$1,977,520
29	$3,363,228	-$1,204,725 -$84,081	$2,074,422
30	$3,531,378	-$1,266,940 -$88,284	$2,176,154