Idaho Lottery

IDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Feb 25, 2026 is estimated to be $218 Million, with a cash option of 101.6 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 Wed Feb 25, 2026

Draw Date	Jackpot	Cash Option
Wed Feb 25, 2026	$218,000,000	$101,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$101,600,000
Federal Tax(24%)	$24,384,000
Additional Federal Tax	$13,168,330
State Tax(5.8%)	$5,892,800
Net Lumpsum Payment	$58,154,870

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,281,118	-$1,174,344 -$190,305	$1,916,469
2	$3,445,272	-$1,235,081 -$199,826	$2,010,365
3	$3,617,492	-$1,298,802 -$209,815	$2,108,875
4	$3,798,432	-$1,365,750 -$220,309	$2,212,373
5	$3,988,310	-$1,436,005 -$231,322	$2,320,983
6	$4,187,780	-$1,509,809 -$242,891	$2,435,080
7	$4,397,060	-$1,587,243 -$255,029	$2,554,788
8	$4,617,022	-$1,668,629 -$267,787	$2,680,606
9	$4,847,884	-$1,754,047 -$281,177	$2,812,660
10	$5,090,300	-$1,843,741 -$295,237	$2,951,322
11	$5,344,706	-$1,937,872 -$309,993	$3,096,841
12	$5,611,974	-$2,036,761 -$325,494	$3,249,719
13	$5,892,540	-$2,140,570 -$341,767	$3,410,203
14	$6,187,276	-$2,249,623 -$358,862	$3,578,791
15	$6,496,618	-$2,364,079 -$376,804	$3,755,735
16	$6,821,438	-$2,484,262 -$395,643	$3,941,533
17	$7,162,390	-$2,610,415 -$415,419	$4,136,556
18	$7,520,564	-$2,742,939 -$436,193	$4,341,432
19	$7,896,614	-$2,882,078 -$458,004	$4,556,532
20	$8,291,412	-$3,028,153 -$480,902	$4,782,357
21	$8,706,048	-$3,181,568 -$504,951	$5,019,529
22	$9,141,394	-$3,342,646 -$530,201	$5,268,547
23	$9,598,322	-$3,511,710 -$556,703	$5,529,909
24	$10,078,358	-$3,689,323 -$584,545	$5,804,490
25	$10,582,156	-$3,875,728 -$613,765	$6,092,663
26	$11,111,460	-$4,071,571 -$644,465	$6,395,424
27	$11,666,924	-$4,277,092 -$676,682	$6,713,150
28	$12,250,292	-$4,492,938 -$710,517	$7,046,837
29	$12,862,872	-$4,719,593 -$746,047	$7,397,232
30	$13,505,972	-$4,957,540 -$783,346	$7,765,086