Idaho Lottery

IDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Apr 11, 2026 is estimated to be $35 Million, with a cash option of 15.9 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 Idaho, your state will take 5.8% 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.

Idaho Powerball Jackpot/Cash Option for Sat Apr 11, 2026

Draw Date	Jackpot	Cash Option
Sat Apr 11, 2026	$35,000,000	$15,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$15,900,000
Federal Tax(24%)	$3,816,000
Additional Federal Tax	$2,027,330
State Tax(5.8%)	$922,200
Net Lumpsum Payment	$9,134,470

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$526,785	-$155,241 -$30,554	$340,990
2	$553,140	-$164,992 -$32,082	$356,066
3	$580,790	-$175,223 -$33,686	$371,881
4	$609,840	-$185,971 -$35,371	$388,498
5	$640,325	-$197,251 -$37,139	$405,935
6	$672,350	-$209,100 -$38,996	$424,254
7	$705,950	-$221,532 -$40,945	$443,473
8	$741,265	-$234,598 -$42,993	$463,674
9	$778,330	-$248,312 -$45,143	$484,875
10	$817,250	-$262,713 -$47,401	$507,136
11	$858,095	-$277,826 -$49,770	$530,499
12	$901,005	-$293,702 -$52,258	$555,045
13	$946,050	-$310,369 -$54,871	$580,810
14	$993,370	-$327,877 -$57,615	$607,878
15	$1,043,035	-$346,253 -$60,496	$636,286
16	$1,095,185	-$365,549 -$63,521	$666,115
17	$1,149,925	-$385,803 -$66,696	$697,426
18	$1,207,430	-$407,079 -$70,031	$730,320
19	$1,267,805	-$429,418 -$73,533	$764,854
20	$1,331,190	-$452,871 -$77,209	$801,110
21	$1,397,760	-$477,502 -$81,070	$839,188
22	$1,467,655	-$503,363 -$85,124	$879,168
23	$1,541,015	-$530,506 -$89,379	$921,130
24	$1,618,085	-$559,022 -$93,849	$965,214
25	$1,698,970	-$588,949 -$98,540	$1,011,481
26	$1,783,950	-$620,392 -$103,469	$1,060,089
27	$1,873,130	-$653,388 -$108,642	$1,111,100
28	$1,966,790	-$688,043 -$114,074	$1,164,673
29	$2,065,140	-$724,432 -$119,778	$1,220,930
30	$2,168,390	-$762,635 -$125,767	$1,279,988