Kansas Lottery

KSLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Feb 14, 2026 is estimated to be $146 Million, with a cash option of 66.9 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 Kansas, your state will take 5% 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.

Kansas Powerball Jackpot/Cash Option for Sat Feb 14, 2026

Draw Date	Jackpot	Cash Option
Sat Feb 14, 2026	$146,000,000	$66,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$66,900,000
Federal Tax(24%)	$16,056,000
Additional Federal Tax	$8,657,330
State Tax(5%)	$3,345,000
Net Lumpsum Payment	$38,841,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,197,446	-$773,385 -$109,872	$1,314,189
2	$2,307,384	-$814,062 -$115,369	$1,377,953
3	$2,422,724	-$856,738 -$121,136	$1,444,850
4	$2,543,904	-$901,575 -$127,195	$1,515,134
5	$2,671,070	-$948,626 -$133,554	$1,588,890
6	$2,804,660	-$998,055 -$140,233	$1,666,372
7	$2,944,820	-$1,049,914 -$147,241	$1,747,665
8	$3,092,134	-$1,104,420 -$154,607	$1,833,107
9	$3,246,748	-$1,161,627 -$162,337	$1,922,784
10	$3,409,100	-$1,221,697 -$170,455	$2,016,948
11	$3,579,482	-$1,284,739 -$178,974	$2,115,769
12	$3,758,478	-$1,350,967 -$187,924	$2,219,587
13	$3,946,380	-$1,420,491 -$197,319	$2,328,570
14	$4,143,772	-$1,493,526 -$207,189	$2,443,057
15	$4,350,946	-$1,570,180 -$217,547	$2,563,219
16	$4,568,486	-$1,650,670 -$228,424	$2,689,392
17	$4,796,830	-$1,735,157 -$239,842	$2,821,831
18	$5,036,708	-$1,823,912 -$251,835	$2,960,961
19	$5,288,558	-$1,917,097 -$264,428	$3,107,033
20	$5,552,964	-$2,014,927 -$277,648	$3,260,389
21	$5,830,656	-$2,117,673 -$291,533	$3,421,450
22	$6,122,218	-$2,225,551 -$306,111	$3,590,556
23	$6,428,234	-$2,338,777 -$321,412	$3,768,045
24	$6,749,726	-$2,457,729 -$337,486	$3,954,511
25	$7,087,132	-$2,582,569 -$354,357	$4,150,206
26	$7,441,620	-$2,713,730 -$372,081	$4,355,809
27	$7,813,628	-$2,851,373 -$390,681	$4,571,574
28	$8,204,324	-$2,995,930 -$410,216	$4,798,178
29	$8,614,584	-$3,147,726 -$430,729	$5,036,129
30	$9,045,284	-$3,307,085 -$452,264	$5,285,935