Missouri Lottery

MOLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Mar 9, 2026 is estimated to be $46 Million, with a cash option of 21.2 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 Mar 9, 2026

Draw Date	Jackpot	Cash Option
Mon Mar 9, 2026	$46,000,000	$21,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$21,200,000
Federal Tax(24%)	$5,088,000
Additional Federal Tax	$2,716,330
State Tax(4%)	$848,000
Net Lumpsum Payment	$12,547,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$692,346	-$216,498 -$27,694	$448,154
2	$726,984	-$229,314 -$29,079	$468,591
3	$763,324	-$242,760 -$30,533	$490,031
4	$801,504	-$256,887 -$32,060	$512,557
5	$841,570	-$271,711 -$33,663	$536,196
6	$883,660	-$287,285 -$35,346	$561,029
7	$927,820	-$303,624 -$37,113	$587,083
8	$974,234	-$320,797 -$38,969	$614,468
9	$1,022,948	-$338,821 -$40,918	$643,209
10	$1,074,100	-$357,747 -$42,964	$673,389
11	$1,127,782	-$377,610 -$45,111	$705,061
12	$1,184,178	-$398,476 -$47,367	$738,335
13	$1,243,380	-$420,381 -$49,735	$773,264
14	$1,305,572	-$443,392 -$52,223	$809,957
15	$1,370,846	-$467,543 -$54,834	$848,469
16	$1,439,386	-$492,903 -$57,575	$888,908
17	$1,511,330	-$519,522 -$60,453	$931,355
18	$1,586,908	-$547,486 -$63,476	$975,946
19	$1,666,258	-$576,846 -$66,650	$1,022,762
20	$1,749,564	-$607,669 -$69,983	$1,071,912
21	$1,837,056	-$640,041 -$73,482	$1,123,533
22	$1,928,918	-$674,030 -$77,157	$1,177,731
23	$2,025,334	-$709,704 -$81,013	$1,234,617
24	$2,126,626	-$747,182 -$85,065	$1,294,379
25	$2,232,932	-$786,515 -$89,317	$1,357,100
26	$2,344,620	-$827,840 -$93,785	$1,422,995
27	$2,461,828	-$871,207 -$98,473	$1,492,148
28	$2,584,924	-$916,752 -$103,397	$1,564,775
29	$2,714,184	-$964,578 -$108,567	$1,641,039
30	$2,849,884	-$1,014,787 -$113,995	$1,721,102