Louisiana Lottery

LALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Jan 7, 2026 is estimated to be $105 Million, with a cash option of 47.4 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 Louisiana, your state will take 4.75% 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.

Louisiana Powerball Jackpot/Cash Option for Wed Jan 7, 2026

Draw Date	Jackpot	Cash Option
Wed Jan 7, 2026	$105,000,000	$47,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$47,400,000
Federal Tax(24%)	$11,376,000
Additional Federal Tax	$6,122,330
State Tax(4.75%)	$2,251,500
Net Lumpsum Payment	$27,650,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,580,355	-$545,062 -$75,067	$960,226
2	$1,659,420	-$574,316 -$78,822	$1,006,282
3	$1,742,370	-$605,007 -$82,763	$1,054,600
4	$1,829,520	-$637,253 -$86,902	$1,105,365
5	$1,920,975	-$671,091 -$91,246	$1,158,638
6	$2,017,050	-$706,639 -$95,810	$1,214,601
7	$2,117,850	-$743,935 -$100,598	$1,273,317
8	$2,223,795	-$783,135 -$105,630	$1,335,030
9	$2,334,990	-$824,277 -$110,912	$1,399,801
10	$2,451,750	-$867,478 -$116,458	$1,467,814
11	$2,574,285	-$912,816 -$122,279	$1,539,190
12	$2,703,015	-$960,446 -$128,393	$1,614,176
13	$2,838,150	-$1,010,446 -$134,812	$1,692,892
14	$2,980,110	-$1,062,971 -$141,555	$1,775,584
15	$3,129,105	-$1,118,099 -$148,632	$1,862,374
16	$3,285,555	-$1,175,986 -$156,064	$1,953,505
17	$3,449,775	-$1,236,747 -$163,864	$2,049,164
18	$3,622,290	-$1,300,578 -$172,059	$2,149,653
19	$3,803,415	-$1,367,594 -$180,662	$2,255,159
20	$3,993,570	-$1,437,951 -$189,695	$2,365,924
21	$4,193,280	-$1,511,844 -$199,181	$2,482,255
22	$4,402,965	-$1,589,427 -$209,141	$2,604,397
23	$4,623,045	-$1,670,857 -$219,595	$2,732,593
24	$4,854,255	-$1,756,405 -$230,577	$2,867,273
25	$5,096,910	-$1,846,187 -$242,103	$3,008,620
26	$5,351,850	-$1,940,515 -$254,213	$3,157,122
27	$5,619,390	-$2,039,505 -$266,921	$3,312,964
28	$5,900,370	-$2,143,467 -$280,268	$3,476,635
29	$6,195,420	-$2,252,636 -$294,282	$3,648,502
30	$6,505,170	-$2,367,243 -$308,996	$3,828,931