Ohio Lottery

OHLottery 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 Ohio, your state will take 3.99% 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.

Ohio 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(3.99%)	$634,410
Net Lumpsum Payment	$9,422,260

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$526,785	-$155,241 -$21,019	$350,525
2	$553,140	-$164,992 -$22,070	$366,078
3	$580,790	-$175,223 -$23,174	$382,393
4	$609,840	-$185,971 -$24,333	$399,536
5	$640,325	-$197,251 -$25,549	$417,525
6	$672,350	-$209,100 -$26,827	$436,423
7	$705,950	-$221,532 -$28,167	$456,251
8	$741,265	-$234,598 -$29,576	$477,091
9	$778,330	-$248,312 -$31,055	$498,963
10	$817,250	-$262,713 -$32,608	$521,929
11	$858,095	-$277,826 -$34,238	$546,031
12	$901,005	-$293,702 -$35,950	$571,353
13	$946,050	-$310,369 -$37,747	$597,934
14	$993,370	-$327,877 -$39,635	$625,858
15	$1,043,035	-$346,253 -$41,617	$655,165
16	$1,095,185	-$365,549 -$43,698	$685,938
17	$1,149,925	-$385,803 -$45,882	$718,240
18	$1,207,430	-$407,079 -$48,176	$752,175
19	$1,267,805	-$429,418 -$50,585	$787,802
20	$1,331,190	-$452,871 -$53,114	$825,205
21	$1,397,760	-$477,502 -$55,771	$864,487
22	$1,467,655	-$503,363 -$58,559	$905,733
23	$1,541,015	-$530,506 -$61,486	$949,023
24	$1,618,085	-$559,022 -$64,562	$994,501
25	$1,698,970	-$588,949 -$67,789	$1,042,232
26	$1,783,950	-$620,392 -$71,180	$1,092,378
27	$1,873,130	-$653,388 -$74,738	$1,145,004
28	$1,966,790	-$688,043 -$78,475	$1,200,272
29	$2,065,140	-$724,432 -$82,399	$1,258,309
30	$2,168,390	-$762,635 -$86,519	$1,319,236