Pennsylvania Lottery

PALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Apr 22, 2026 is estimated to be $100 Million, with a cash option of 45.6 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 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 Apr 22, 2026

Draw Date	Jackpot	Cash Option
Wed Apr 22, 2026	$100,000,000	$45,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$45,600,000
Federal Tax(24%)	$10,944,000
Additional Federal Tax	$5,888,330
State Tax(3.07%)	$1,399,920
Net Lumpsum Payment	$27,367,750

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,505,100	-$517,217 -$46,207	$941,676
2	$1,580,400	-$545,078 -$48,518	$986,804
3	$1,659,400	-$574,308 -$50,944	$1,034,148
4	$1,742,400	-$605,018 -$53,492	$1,083,890
5	$1,829,500	-$637,245 -$56,166	$1,136,089
6	$1,921,000	-$671,100 -$58,975	$1,190,925
7	$2,017,000	-$706,620 -$61,922	$1,248,458
8	$2,117,900	-$743,953 -$65,020	$1,308,927
9	$2,223,800	-$783,136 -$68,271	$1,372,393
10	$2,335,000	-$824,280 -$71,685	$1,439,035
11	$2,451,700	-$867,459 -$75,267	$1,508,974
12	$2,574,300	-$912,821 -$79,031	$1,582,448
13	$2,703,000	-$960,440 -$82,982	$1,659,578
14	$2,838,200	-$1,010,464 -$87,133	$1,740,603
15	$2,980,100	-$1,062,967 -$91,489	$1,825,644
16	$3,129,100	-$1,118,097 -$96,063	$1,914,940
17	$3,285,500	-$1,175,965 -$100,865	$2,008,670
18	$3,449,800	-$1,236,756 -$105,909	$2,107,135
19	$3,622,300	-$1,300,581 -$111,205	$2,210,514
20	$3,803,400	-$1,367,588 -$116,764	$2,319,048
21	$3,993,600	-$1,437,962 -$122,604	$2,433,034
22	$4,193,300	-$1,511,851 -$128,734	$2,552,715
23	$4,402,900	-$1,589,403 -$135,169	$2,678,328
24	$4,623,100	-$1,670,877 -$141,929	$2,810,294
25	$4,854,200	-$1,756,384 -$149,024	$2,948,792
26	$5,097,000	-$1,846,220 -$156,478	$3,094,302
27	$5,351,800	-$1,940,496 -$164,300	$3,247,004
28	$5,619,400	-$2,039,508 -$172,516	$3,407,376
29	$5,900,400	-$2,143,478 -$181,142	$3,575,780
30	$6,195,400	-$2,252,628 -$190,199	$3,752,573