Idaho Lottery

IDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 7, 2026 is estimated to be $190 Million, with a cash option of 81.9 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 Mon Sep 7, 2026

Draw Date	Jackpot	Cash Option
Mon Sep 7, 2026	$190,000,000	$81,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$81,900,000
Federal Tax(24%)	$19,656,000
Additional Federal Tax	$10,607,330
State Tax(5.8%)	$4,750,200
Net Lumpsum Payment	$46,886,470

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,859,690	-$1,018,416 -$165,862	$1,675,412
2	$3,002,760	-$1,071,352 -$174,160	$1,757,248
3	$3,152,860	-$1,126,889 -$182,866	$1,843,105
4	$3,310,560	-$1,185,238 -$192,012	$1,933,310
5	$3,476,050	-$1,246,469 -$201,611	$2,027,970
6	$3,649,900	-$1,310,793 -$211,694	$2,127,413
7	$3,832,300	-$1,378,281 -$222,273	$2,231,746
8	$4,024,010	-$1,449,214 -$233,393	$2,341,403
9	$4,225,220	-$1,523,662 -$245,063	$2,456,495
10	$4,436,500	-$1,601,835 -$257,317	$2,577,348
11	$4,658,230	-$1,683,875 -$270,177	$2,704,178
12	$4,891,170	-$1,770,063 -$283,688	$2,837,419
13	$5,135,700	-$1,860,539 -$297,871	$2,977,290
14	$5,392,580	-$1,955,585 -$312,770	$3,124,225
15	$5,662,190	-$2,055,341 -$328,407	$3,278,442
16	$5,945,290	-$2,160,088 -$344,827	$3,440,375
17	$6,242,450	-$2,270,037 -$362,062	$3,610,351
18	$6,554,620	-$2,385,540 -$380,168	$3,788,912
19	$6,882,370	-$2,506,807 -$399,177	$3,976,386
20	$7,226,460	-$2,634,121 -$419,135	$4,173,204
21	$7,587,840	-$2,767,831 -$440,095	$4,379,914
22	$7,967,270	-$2,908,220 -$462,102	$4,596,948
23	$8,365,510	-$3,055,569 -$485,200	$4,824,741
24	$8,783,890	-$3,210,370 -$509,466	$5,064,054
25	$9,222,980	-$3,372,833 -$534,933	$5,315,214
26	$9,684,300	-$3,543,521 -$561,689	$5,579,090
27	$10,168,420	-$3,722,646 -$589,768	$5,856,006
28	$10,676,860	-$3,910,769 -$619,258	$6,146,833
29	$11,210,760	-$4,108,312 -$650,224	$6,452,224
30	$11,771,260	-$4,315,697 -$682,733	$6,772,830