The jackpot for the Powerball draw on Sat Jan 10, 2026, is projected to be $124 Million, with an option for a cash payout of $56 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Arkansas residents, the state will deduct 4.9% from your lottery earnings.
| Arkansas Powerball Jackpot/Cash Option for Sat Jan 10, 2026 |
|---|
| Draw Date | Sat Jan 10, 2026 | | Projected Jackpot | $124,000,000 | | Cash Value | $56,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $56,000,000 | | Federal Tax(24%) | $13,440,000 | | Additional Federal Tax | $7,240,330 | | State Tax(4.9%) | $2,744,000 | | Net Lumpsum Payment | $32,575,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,866,324 |
$650,870
$91,450 |
$1,124,004 |
| 2 |
$1,959,696 |
$685,418
$96,025 |
$1,178,253 |
| 3 |
$2,057,656 |
$721,663
$100,825 |
$1,235,168 |
| 4 |
$2,160,576 |
$759,744
$105,868 |
$1,294,964 |
| 5 |
$2,268,580 |
$799,705
$111,160 |
$1,357,715 |
| 6 |
$2,382,040 |
$841,685
$116,720 |
$1,423,635 |
| 7 |
$2,501,080 |
$885,730
$122,553 |
$1,492,797 |
| 8 |
$2,626,196 |
$932,023
$128,684 |
$1,565,489 |
| 9 |
$2,757,512 |
$980,610
$135,118 |
$1,641,784 |
| 10 |
$2,895,400 |
$1,031,628
$141,875 |
$1,721,897 |
| 11 |
$3,040,108 |
$1,085,170
$148,965 |
$1,805,973 |
| 12 |
$3,192,132 |
$1,141,419
$156,414 |
$1,894,299 |
| 13 |
$3,351,720 |
$1,200,467
$164,234 |
$1,987,019 |
| 14 |
$3,519,368 |
$1,262,497
$172,449 |
$2,084,422 |
| 15 |
$3,695,324 |
$1,327,600
$181,071 |
$2,186,653 |
| 16 |
$3,880,084 |
$1,395,961
$190,124 |
$2,293,999 |
| 17 |
$4,074,020 |
$1,467,718
$199,627 |
$2,406,675 |
| 18 |
$4,277,752 |
$1,543,099
$209,610 |
$2,525,043 |
| 19 |
$4,491,652 |
$1,622,242
$220,091 |
$2,649,319 |
| 20 |
$4,716,216 |
$1,705,330
$231,095 |
$2,779,791 |
| 21 |
$4,952,064 |
$1,792,594
$242,651 |
$2,916,819 |
| 22 |
$5,199,692 |
$1,884,216
$254,785 |
$3,060,691 |
| 23 |
$5,459,596 |
$1,980,381
$267,520 |
$3,211,695 |
| 24 |
$5,732,644 |
$2,081,409
$280,900 |
$3,370,335 |
| 25 |
$6,019,208 |
$2,187,437
$294,941 |
$3,536,830 |
| 26 |
$6,320,280 |
$2,298,834
$309,694 |
$3,711,752 |
| 27 |
$6,636,232 |
$2,415,736
$325,175 |
$3,895,321 |
| 28 |
$6,968,056 |
$2,538,511
$341,435 |
$4,088,110 |
| 29 |
$7,316,496 |
$2,667,434
$358,508 |
$4,290,554 |
| 30 |
$7,682,296 |
$2,802,780
$376,433 |
$4,503,083 |
|
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