Missouri Lottery

MOLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jul 13, 2026 is estimated to be $478 Million, with a cash option of 212.2 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 Missouri, your state will take 4% 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.

Missouri Powerball Jackpot/Cash Option for Mon Jul 13, 2026

Draw Date	Jackpot	Cash Option
Mon Jul 13, 2026	$478,000,000	$212,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$212,200,000
Federal Tax(24%)	$50,928,000
Additional Federal Tax	$27,546,330
State Tax(4%)	$8,488,000
Net Lumpsum Payment	$125,237,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$7,194,378	-$2,622,250 -$287,775	$4,284,353
2	$7,554,312	-$2,755,426 -$302,172	$4,496,714
3	$7,931,932	-$2,895,145 -$317,277	$4,719,510
4	$8,328,672	-$3,041,939 -$333,147	$4,953,586
5	$8,745,010	-$3,195,984 -$349,800	$5,199,226
6	$9,182,380	-$3,357,811 -$367,295	$5,457,274
7	$9,641,260	-$3,527,597 -$385,650	$5,728,013
8	$10,123,562	-$3,706,048 -$404,942	$6,012,572
9	$10,629,764	-$3,893,343 -$425,191	$6,311,230
10	$11,161,300	-$4,090,011 -$446,452	$6,624,837
11	$11,719,126	-$4,296,407 -$468,765	$6,953,954
12	$12,305,154	-$4,513,237 -$492,206	$7,299,711
13	$12,920,340	-$4,740,856 -$516,814	$7,662,670
14	$13,566,596	-$4,979,971 -$542,664	$8,043,961
15	$14,244,878	-$5,230,935 -$569,795	$8,444,148
16	$14,957,098	-$5,494,457 -$598,284	$8,864,357
17	$15,704,690	-$5,771,066 -$628,188	$9,305,436
18	$16,490,044	-$6,061,647 -$659,602	$9,768,795
19	$17,314,594	-$6,366,730 -$692,584	$10,255,280
20	$18,180,252	-$6,687,024 -$727,210	$10,766,018
21	$19,089,408	-$7,023,411 -$763,576	$11,302,421
22	$20,043,974	-$7,376,601 -$801,759	$11,865,614
23	$21,045,862	-$7,747,299 -$841,834	$12,456,729
24	$22,098,418	-$8,136,745 -$883,937	$13,077,736
25	$23,203,076	-$8,545,469 -$928,123	$13,729,484
26	$24,363,660	-$8,974,885 -$974,546	$14,414,229
27	$25,581,604	-$9,425,524 -$1,023,264	$15,132,816
28	$26,860,732	-$9,898,801 -$1,074,429	$15,887,502
29	$28,203,912	-$10,395,778 -$1,128,156	$16,679,978
30	$29,614,012	-$10,917,515 -$1,184,560	$17,511,937