Pennsylvania Lottery

PALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Feb 18, 2026 is estimated to be $169 Million, with a cash option of 79.2 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 Pennsylvania, your state will take 3.07% 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.

Pennsylvania Powerball Jackpot/Cash Option for Wed Feb 18, 2026

Draw Date	Jackpot	Cash Option
Wed Feb 18, 2026	$169,000,000	$79,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$79,200,000
Federal Tax(24%)	$19,008,000
Additional Federal Tax	$10,256,330
State Tax(3.07%)	$2,431,440
Net Lumpsum Payment	$47,504,230

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,543,619	-$901,469 -$78,089	$1,564,061
2	$2,670,876	-$948,555 -$81,996	$1,640,325
3	$2,804,386	-$997,953 -$86,095	$1,720,338
4	$2,944,656	-$1,049,853 -$90,401	$1,804,402
5	$3,091,855	-$1,104,317 -$94,920	$1,892,618
6	$3,246,490	-$1,161,532 -$99,667	$1,985,291
7	$3,408,730	-$1,221,560 -$104,648	$2,082,522
8	$3,579,251	-$1,284,653 -$109,883	$2,184,715
9	$3,758,222	-$1,350,873 -$115,377	$2,291,972
10	$3,946,150	-$1,420,406 -$121,147	$2,404,597
11	$4,143,373	-$1,493,378 -$127,202	$2,522,793
12	$4,350,567	-$1,570,040 -$133,562	$2,646,965
13	$4,568,070	-$1,650,516 -$140,240	$2,777,314
14	$4,796,558	-$1,735,057 -$147,254	$2,914,247
15	$5,036,369	-$1,823,787 -$154,617	$3,057,965
16	$5,288,179	-$1,916,957 -$162,347	$3,208,875
17	$5,552,495	-$2,014,754 -$170,462	$3,367,279
18	$5,830,162	-$2,117,490 -$178,986	$3,533,686
19	$6,121,687	-$2,225,355 -$187,936	$3,708,396
20	$6,427,746	-$2,338,596 -$197,332	$3,891,818
21	$6,749,184	-$2,457,528 -$207,200	$4,084,456
22	$7,086,677	-$2,582,401 -$217,561	$4,286,715
23	$7,440,901	-$2,713,464 -$228,436	$4,499,001
24	$7,813,039	-$2,851,155 -$239,860	$4,722,024
25	$8,203,598	-$2,995,662 -$251,850	$4,956,086
26	$8,613,930	-$3,147,484 -$264,448	$5,201,998
27	$9,044,542	-$3,306,811 -$277,667	$5,460,064
28	$9,496,786	-$3,474,141 -$291,551	$5,731,094
29	$9,971,676	-$3,649,851 -$306,130	$6,015,695
30	$10,470,226	-$3,834,314 -$321,436	$6,314,476