Washington Lottery

WALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon May 25, 2026 is estimated to be $141 Million, with a cash option of 62 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 Washington, 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.

Washington Powerball Jackpot/Cash Option for Mon May 25, 2026

Draw Date	Jackpot	Cash Option
Mon May 25, 2026	$141,000,000	$62,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$62,000,000
Federal Tax(24%)	$14,880,000
Additional Federal Tax	$8,020,330
State Tax(0%)	$0
Net Lumpsum Payment	$39,099,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,122,191	-$745,541 -$0	$1,376,650
2	$2,228,364	-$784,825 -$0	$1,443,539
3	$2,339,754	-$826,039 -$0	$1,513,715
4	$2,456,784	-$869,340 -$0	$1,587,444
5	$2,579,595	-$914,781 -$0	$1,664,814
6	$2,708,610	-$962,516 -$0	$1,746,094
7	$2,843,970	-$1,012,599 -$0	$1,831,371
8	$2,986,239	-$1,065,239 -$0	$1,921,000
9	$3,135,558	-$1,120,487 -$0	$2,015,071
10	$3,292,350	-$1,178,500 -$0	$2,113,850
11	$3,456,897	-$1,239,382 -$0	$2,217,515
12	$3,629,763	-$1,303,343 -$0	$2,326,420
13	$3,811,230	-$1,370,485 -$0	$2,440,745
14	$4,001,862	-$1,441,019 -$0	$2,560,843
15	$4,201,941	-$1,515,049 -$0	$2,686,892
16	$4,412,031	-$1,592,782 -$0	$2,819,249
17	$4,632,555	-$1,674,376 -$0	$2,958,179
18	$4,864,218	-$1,760,091 -$0	$3,104,127
19	$5,107,443	-$1,850,084 -$0	$3,257,359
20	$5,362,794	-$1,944,564 -$0	$3,418,230
21	$5,630,976	-$2,043,792 -$0	$3,587,184
22	$5,912,553	-$2,147,975 -$0	$3,764,578
23	$6,208,089	-$2,257,323 -$0	$3,950,766
24	$6,518,571	-$2,372,202 -$0	$4,146,369
25	$6,844,422	-$2,492,767 -$0	$4,351,655
26	$7,186,770	-$2,619,435 -$0	$4,567,335
27	$7,546,038	-$2,752,364 -$0	$4,793,674
28	$7,923,354	-$2,891,971 -$0	$5,031,383
29	$8,319,564	-$3,038,569 -$0	$5,280,995
30	$8,735,514	-$3,192,471 -$0	$5,543,043