Idaho Lottery

IDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Nov 14, 2026 is estimated to be $63 Million, with a cash option of 27.1 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 Nov 14, 2026

Draw Date	Jackpot	Cash Option
Sat Nov 14, 2026	$63,000,000	$27,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$27,100,000
Federal Tax(24%)	$6,504,000
Additional Federal Tax	$3,483,330
State Tax(5.8%)	$1,571,800
Net Lumpsum Payment	$15,540,870

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$948,213	-$311,169 -$54,996	$582,048
2	$995,652	-$328,722 -$57,748	$609,182
3	$1,045,422	-$347,137 -$60,634	$637,651
4	$1,097,712	-$366,484 -$63,667	$667,561
5	$1,152,585	-$386,787 -$66,850	$698,948
6	$1,210,230	-$408,115 -$70,193	$731,922
7	$1,270,710	-$430,493 -$73,701	$766,516
8	$1,334,277	-$454,013 -$77,388	$802,876
9	$1,400,994	-$478,698 -$81,258	$841,038
10	$1,471,050	-$504,619 -$85,321	$881,110
11	$1,544,571	-$531,822 -$89,585	$923,164
12	$1,621,809	-$560,400 -$94,065	$967,344
13	$1,702,890	-$590,400 -$98,768	$1,013,722
14	$1,788,066	-$621,915 -$103,708	$1,062,443
15	$1,877,463	-$654,992 -$108,893	$1,113,578
16	$1,971,333	-$689,724 -$114,337	$1,167,272
17	$2,069,865	-$726,180 -$120,052	$1,223,633
18	$2,173,374	-$764,479 -$126,056	$1,282,839
19	$2,282,049	-$804,689 -$132,359	$1,345,001
20	$2,396,142	-$846,903 -$138,976	$1,410,263
21	$2,515,968	-$891,239 -$145,926	$1,478,803
22	$2,641,779	-$937,789 -$153,223	$1,550,767
23	$2,773,827	-$986,646 -$160,882	$1,626,299
24	$2,912,553	-$1,037,975 -$168,928	$1,705,650
25	$3,058,146	-$1,091,844 -$177,372	$1,788,930
26	$3,211,110	-$1,148,441 -$186,244	$1,876,425
27	$3,371,634	-$1,207,835 -$195,555	$1,968,244
28	$3,540,222	-$1,270,213 -$205,333	$2,064,676
29	$3,717,252	-$1,335,714 -$215,601	$2,165,937
30	$3,903,102	-$1,404,478 -$226,380	$2,272,244