Montana Lottery

MTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat May 30, 2026 is estimated to be $172 Million, with a cash option of 75.6 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 Montana, your state will take 6.75% 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.

Montana Powerball Jackpot/Cash Option for Sat May 30, 2026

Draw Date	Jackpot	Cash Option
Sat May 30, 2026	$172,000,000	$75,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$75,600,000
Federal Tax(24%)	$18,144,000
Additional Federal Tax	$9,788,330
State Tax(6.75%)	$5,103,000
Net Lumpsum Payment	$42,564,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,588,772	-$918,176 -$174,742	$1,495,854
2	$2,718,288	-$966,097 -$183,484	$1,568,707
3	$2,854,168	-$1,016,373 -$192,656	$1,645,139
4	$2,996,928	-$1,069,194 -$202,293	$1,725,441
5	$3,146,740	-$1,124,624 -$212,405	$1,809,711
6	$3,304,120	-$1,182,855 -$223,028	$1,898,237
7	$3,469,240	-$1,243,949 -$234,174	$1,991,117
8	$3,642,788	-$1,308,162 -$245,888	$2,088,738
9	$3,824,936	-$1,375,557 -$258,183	$2,191,196
10	$4,016,200	-$1,446,324 -$271,094	$2,298,782
11	$4,216,924	-$1,520,592 -$284,642	$2,411,690
12	$4,427,796	-$1,598,615 -$298,876	$2,530,305
13	$4,649,160	-$1,680,520 -$313,818	$2,654,822
14	$4,881,704	-$1,766,561 -$329,515	$2,785,628
15	$5,125,772	-$1,856,866 -$345,990	$2,922,916
16	$5,382,052	-$1,951,690 -$363,289	$3,067,073
17	$5,651,060	-$2,051,223 -$381,447	$3,218,390
18	$5,933,656	-$2,155,783 -$400,522	$3,377,351
19	$6,230,356	-$2,265,562 -$420,549	$3,544,245
20	$6,541,848	-$2,380,814 -$441,575	$3,719,459
21	$6,868,992	-$2,501,857 -$463,657	$3,903,478
22	$7,212,476	-$2,628,947 -$486,842	$4,096,687
23	$7,572,988	-$2,762,336 -$511,177	$4,299,475
24	$7,951,732	-$2,902,471 -$536,742	$4,512,519
25	$8,349,224	-$3,049,543 -$563,573	$4,736,108
26	$8,766,840	-$3,204,061 -$591,762	$4,971,017
27	$9,205,096	-$3,366,216 -$621,344	$5,217,536
28	$9,665,368	-$3,536,517 -$652,412	$5,476,439
29	$10,148,688	-$3,715,345 -$685,036	$5,748,307
30	$10,656,088	-$3,903,083 -$719,286	$6,033,719