New Hampshire Lottery

NHLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Feb 25, 2026 is estimated to be $218 Million, with a cash option of 101.6 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. The good news is that if you're a resident of New Hampshire, you won't owe any state tax on 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.

New Hampshire Powerball Jackpot/Cash Option for Wed Feb 25, 2026

Draw Date	Jackpot	Cash Option
Wed Feb 25, 2026	$218,000,000	$101,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$101,600,000
Federal Tax(24%)	$24,384,000
Additional Federal Tax	$13,168,330
State Tax(0%)	$0
Net Lumpsum Payment	$64,047,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,281,118	-$1,174,344 -$0	$2,106,774
2	$3,445,272	-$1,235,081 -$0	$2,210,191
3	$3,617,492	-$1,298,802 -$0	$2,318,690
4	$3,798,432	-$1,365,750 -$0	$2,432,682
5	$3,988,310	-$1,436,005 -$0	$2,552,305
6	$4,187,780	-$1,509,809 -$0	$2,677,971
7	$4,397,060	-$1,587,243 -$0	$2,809,817
8	$4,617,022	-$1,668,629 -$0	$2,948,393
9	$4,847,884	-$1,754,047 -$0	$3,093,837
10	$5,090,300	-$1,843,741 -$0	$3,246,559
11	$5,344,706	-$1,937,872 -$0	$3,406,834
12	$5,611,974	-$2,036,761 -$0	$3,575,213
13	$5,892,540	-$2,140,570 -$0	$3,751,970
14	$6,187,276	-$2,249,623 -$0	$3,937,653
15	$6,496,618	-$2,364,079 -$0	$4,132,539
16	$6,821,438	-$2,484,262 -$0	$4,337,176
17	$7,162,390	-$2,610,415 -$0	$4,551,975
18	$7,520,564	-$2,742,939 -$0	$4,777,625
19	$7,896,614	-$2,882,078 -$0	$5,014,536
20	$8,291,412	-$3,028,153 -$0	$5,263,259
21	$8,706,048	-$3,181,568 -$0	$5,524,480
22	$9,141,394	-$3,342,646 -$0	$5,798,748
23	$9,598,322	-$3,511,710 -$0	$6,086,612
24	$10,078,358	-$3,689,323 -$0	$6,389,035
25	$10,582,156	-$3,875,728 -$0	$6,706,428
26	$11,111,460	-$4,071,571 -$0	$7,039,889
27	$11,666,924	-$4,277,092 -$0	$7,389,832
28	$12,250,292	-$4,492,938 -$0	$7,757,354
29	$12,862,872	-$4,719,593 -$0	$8,143,279
30	$13,505,972	-$4,957,540 -$0	$8,548,432