Idaho Lottery

IDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon May 25, 2026 is estimated to be $141 Million, with a cash option of 62 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 Mon May 25, 2026

Draw Date	Jackpot	Cash Option
Mon May 25, 2026	$141,000,000	$62,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$62,000,000
Federal Tax(24%)	$14,880,000
Additional Federal Tax	$8,020,330
State Tax(5.8%)	$3,596,000
Net Lumpsum Payment	$35,503,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,122,191	-$745,541 -$123,087	$1,253,563
2	$2,228,364	-$784,825 -$129,245	$1,314,294
3	$2,339,754	-$826,039 -$135,706	$1,378,009
4	$2,456,784	-$869,340 -$142,493	$1,444,951
5	$2,579,595	-$914,781 -$149,617	$1,515,197
6	$2,708,610	-$962,516 -$157,099	$1,588,995
7	$2,843,970	-$1,012,599 -$164,950	$1,666,421
8	$2,986,239	-$1,065,239 -$173,202	$1,747,798
9	$3,135,558	-$1,120,487 -$181,862	$1,833,209
10	$3,292,350	-$1,178,500 -$190,956	$1,922,894
11	$3,456,897	-$1,239,382 -$200,500	$2,017,015
12	$3,629,763	-$1,303,343 -$210,526	$2,115,894
13	$3,811,230	-$1,370,485 -$221,051	$2,219,694
14	$4,001,862	-$1,441,019 -$232,108	$2,328,735
15	$4,201,941	-$1,515,049 -$243,713	$2,443,179
16	$4,412,031	-$1,592,782 -$255,898	$2,563,351
17	$4,632,555	-$1,674,376 -$268,688	$2,689,491
18	$4,864,218	-$1,760,091 -$282,125	$2,822,002
19	$5,107,443	-$1,850,084 -$296,232	$2,961,127
20	$5,362,794	-$1,944,564 -$311,042	$3,107,188
21	$5,630,976	-$2,043,792 -$326,597	$3,260,587
22	$5,912,553	-$2,147,975 -$342,928	$3,421,650
23	$6,208,089	-$2,257,323 -$360,069	$3,590,697
24	$6,518,571	-$2,372,202 -$378,077	$3,768,292
25	$6,844,422	-$2,492,767 -$396,976	$3,954,679
26	$7,186,770	-$2,619,435 -$416,833	$4,150,502
27	$7,546,038	-$2,752,364 -$437,670	$4,356,004
28	$7,923,354	-$2,891,971 -$459,555	$4,571,828
29	$8,319,564	-$3,038,569 -$482,535	$4,798,460
30	$8,735,514	-$3,192,471 -$506,660	$5,036,383