Missouri Lottery

MOLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Feb 16, 2026 is estimated to be $154 Million, with a cash option of 72.2 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 Feb 16, 2026

Draw Date	Jackpot	Cash Option
Mon Feb 16, 2026	$154,000,000	$72,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$72,200,000
Federal Tax(24%)	$17,328,000
Additional Federal Tax	$9,346,330
State Tax(4%)	$2,888,000
Net Lumpsum Payment	$42,637,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,317,854	-$817,936 -$92,714	$1,407,204
2	$2,433,816	-$860,842 -$97,353	$1,475,621
3	$2,555,476	-$905,857 -$102,219	$1,547,400
4	$2,683,296	-$953,150 -$107,332	$1,622,814
5	$2,817,430	-$1,002,779 -$112,697	$1,701,954
6	$2,958,340	-$1,054,916 -$118,334	$1,785,090
7	$3,106,180	-$1,109,617 -$124,247	$1,872,316
8	$3,261,566	-$1,167,110 -$130,463	$1,963,993
9	$3,424,652	-$1,227,452 -$136,986	$2,060,214
10	$3,595,900	-$1,290,813 -$143,836	$2,161,251
11	$3,775,618	-$1,357,309 -$151,025	$2,267,284
12	$3,964,422	-$1,427,167 -$158,577	$2,378,678
13	$4,162,620	-$1,500,500 -$166,505	$2,495,615
14	$4,370,828	-$1,577,537 -$174,833	$2,618,458
15	$4,589,354	-$1,658,391 -$183,574	$2,747,389
16	$4,818,814	-$1,743,292 -$192,753	$2,882,769
17	$5,059,670	-$1,832,408 -$202,387	$3,024,875
18	$5,312,692	-$1,926,026 -$212,508	$3,174,158
19	$5,578,342	-$2,024,317 -$223,134	$3,330,891
20	$5,857,236	-$2,127,508 -$234,289	$3,495,439
21	$6,150,144	-$2,235,884 -$246,006	$3,668,254
22	$6,457,682	-$2,349,673 -$258,307	$3,849,702
23	$6,780,466	-$2,469,103 -$271,219	$4,040,144
24	$7,119,574	-$2,594,573 -$284,783	$4,240,218
25	$7,475,468	-$2,726,254 -$299,019	$4,450,195
26	$7,849,380	-$2,864,601 -$313,975	$4,670,804
27	$8,241,772	-$3,009,786 -$329,671	$4,902,315
28	$8,653,876	-$3,162,265 -$346,155	$5,145,456
29	$9,086,616	-$3,322,378 -$363,465	$5,400,773
30	$9,540,916	-$3,490,469 -$381,637	$5,668,810