Washington DC Lottery

DCLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Jan 7, 2026 is estimated to be $105 Million, with a cash option of 47.4 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 Washington DC, your state will take 10.75% 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.

Washington DC Powerball Jackpot/Cash Option for Wed Jan 7, 2026

Draw Date	Jackpot	Cash Option
Wed Jan 7, 2026	$105,000,000	$47,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$47,400,000
Federal Tax(24%)	$11,376,000
Additional Federal Tax	$6,122,330
State Tax(10.75%)	$5,095,500
Net Lumpsum Payment	$24,806,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,580,355	-$545,062 -$169,888	$865,405
2	$1,659,420	-$574,316 -$178,388	$906,716
3	$1,742,370	-$605,007 -$187,305	$950,058
4	$1,829,520	-$637,253 -$196,673	$995,594
5	$1,920,975	-$671,091 -$206,505	$1,043,379
6	$2,017,050	-$706,639 -$216,833	$1,093,578
7	$2,117,850	-$743,935 -$227,669	$1,146,246
8	$2,223,795	-$783,135 -$239,058	$1,201,602
9	$2,334,990	-$824,277 -$251,011	$1,259,702
10	$2,451,750	-$867,478 -$263,563	$1,320,709
11	$2,574,285	-$912,816 -$276,736	$1,384,733
12	$2,703,015	-$960,446 -$290,574	$1,451,995
13	$2,838,150	-$1,010,446 -$305,101	$1,522,603
14	$2,980,110	-$1,062,971 -$320,362	$1,596,777
15	$3,129,105	-$1,118,099 -$336,379	$1,674,627
16	$3,285,555	-$1,175,986 -$353,197	$1,756,372
17	$3,449,775	-$1,236,747 -$370,851	$1,842,177
18	$3,622,290	-$1,300,578 -$389,396	$1,932,316
19	$3,803,415	-$1,367,594 -$408,867	$2,026,954
20	$3,993,570	-$1,437,951 -$429,309	$2,126,310
21	$4,193,280	-$1,511,844 -$450,778	$2,230,658
22	$4,402,965	-$1,589,427 -$473,319	$2,340,219
23	$4,623,045	-$1,670,857 -$496,977	$2,455,211
24	$4,854,255	-$1,756,405 -$521,832	$2,576,018
25	$5,096,910	-$1,846,187 -$547,918	$2,702,805
26	$5,351,850	-$1,940,515 -$575,324	$2,836,011
27	$5,619,390	-$2,039,505 -$604,084	$2,975,801
28	$5,900,370	-$2,143,467 -$634,290	$3,122,613
29	$6,195,420	-$2,252,636 -$666,008	$3,276,776
30	$6,505,170	-$2,367,243 -$699,306	$3,438,621