New York Lottery

NYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Apr 11, 2026 is estimated to be $35 Million, with a cash option of 15.9 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 New York, your state will take 8.82% 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.

New York Powerball Jackpot/Cash Option for Sat Apr 11, 2026

Draw Date	Jackpot	Cash Option
Sat Apr 11, 2026	$35,000,000	$15,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$15,900,000
Federal Tax(24%)	$3,816,000
Additional Federal Tax	$2,027,330
State Tax(8.82%)	$1,402,380
Net Lumpsum Payment	$8,654,290

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$526,785	-$155,241 -$46,462	$325,082
2	$553,140	-$164,992 -$48,787	$339,361
3	$580,790	-$175,223 -$51,226	$354,341
4	$609,840	-$185,971 -$53,788	$370,081
5	$640,325	-$197,251 -$56,477	$386,597
6	$672,350	-$209,100 -$59,301	$403,949
7	$705,950	-$221,532 -$62,265	$422,153
8	$741,265	-$234,598 -$65,380	$441,287
9	$778,330	-$248,312 -$68,649	$461,369
10	$817,250	-$262,713 -$72,081	$482,456
11	$858,095	-$277,826 -$75,684	$504,585
12	$901,005	-$293,702 -$79,469	$527,834
13	$946,050	-$310,369 -$83,442	$552,239
14	$993,370	-$327,877 -$87,615	$577,878
15	$1,043,035	-$346,253 -$91,996	$604,786
16	$1,095,185	-$365,549 -$96,595	$633,041
17	$1,149,925	-$385,803 -$101,423	$662,699
18	$1,207,430	-$407,079 -$106,495	$693,856
19	$1,267,805	-$429,418 -$111,820	$726,567
20	$1,331,190	-$452,871 -$117,411	$760,908
21	$1,397,760	-$477,502 -$123,282	$796,976
22	$1,467,655	-$503,363 -$129,447	$834,845
23	$1,541,015	-$530,506 -$135,918	$874,591
24	$1,618,085	-$559,022 -$142,715	$916,348
25	$1,698,970	-$588,949 -$149,849	$960,172
26	$1,783,950	-$620,392 -$157,344	$1,006,214
27	$1,873,130	-$653,388 -$165,210	$1,054,532
28	$1,966,790	-$688,043 -$173,471	$1,105,276
29	$2,065,140	-$724,432 -$182,145	$1,158,563
30	$2,168,390	-$762,635 -$191,252	$1,214,503