The jackpot for the Powerball draw on Sat Jun 6, 2026, is projected to be $212 Million, with an option for a cash payout of $94.7 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 Jun 6, 2026 |
|---|
| Draw Date | Sat Jun 6, 2026 | | Projected Jackpot | $212,000,000 | | Cash Value | $94,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $94,700,000 | | Federal Tax(24%) | $22,728,000 | | Additional Federal Tax | $12,271,330 | | State Tax(4.9%) | $4,640,300 | | Net Lumpsum Payment | $55,060,370 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,190,812 |
$1,140,931
$156,350 |
$1,893,531 |
| 2 |
$3,350,448 |
$1,199,996
$164,172 |
$1,986,280 |
| 3 |
$3,517,928 |
$1,261,964
$172,378 |
$2,083,586 |
| 4 |
$3,693,888 |
$1,327,069
$181,001 |
$2,185,818 |
| 5 |
$3,878,540 |
$1,395,390
$190,048 |
$2,293,102 |
| 6 |
$4,072,520 |
$1,467,163
$199,553 |
$2,405,804 |
| 7 |
$4,276,040 |
$1,542,465
$209,526 |
$2,524,049 |
| 8 |
$4,489,948 |
$1,621,611
$220,007 |
$2,648,330 |
| 9 |
$4,714,456 |
$1,704,679
$231,008 |
$2,778,769 |
| 10 |
$4,950,200 |
$1,791,904
$242,560 |
$2,915,736 |
| 11 |
$5,197,604 |
$1,883,444
$254,683 |
$3,059,477 |
| 12 |
$5,457,516 |
$1,979,611
$267,418 |
$3,210,487 |
| 13 |
$5,730,360 |
$2,080,564
$280,788 |
$3,369,008 |
| 14 |
$6,016,984 |
$2,186,614
$294,832 |
$3,535,538 |
| 15 |
$6,317,812 |
$2,297,921
$309,573 |
$3,710,318 |
| 16 |
$6,633,692 |
$2,414,796
$325,051 |
$3,893,845 |
| 17 |
$6,965,260 |
$2,537,477
$341,298 |
$4,086,485 |
| 18 |
$7,313,576 |
$2,666,354
$358,365 |
$4,288,857 |
| 19 |
$7,679,276 |
$2,801,663
$376,285 |
$4,501,328 |
| 20 |
$8,063,208 |
$2,943,717
$395,097 |
$4,724,394 |
| 21 |
$8,466,432 |
$3,092,910
$414,855 |
$4,958,667 |
| 22 |
$8,889,796 |
$3,249,555
$435,600 |
$5,204,641 |
| 23 |
$9,334,148 |
$3,413,965
$457,373 |
$5,462,810 |
| 24 |
$9,800,972 |
$3,586,690
$480,248 |
$5,734,034 |
| 25 |
$10,290,904 |
$3,767,965
$504,254 |
$6,018,685 |
| 26 |
$10,805,640 |
$3,958,417
$529,476 |
$6,317,747 |
| 27 |
$11,345,816 |
$4,158,282
$555,945 |
$6,631,589 |
| 28 |
$11,913,128 |
$4,368,188
$583,743 |
$6,961,197 |
| 29 |
$12,508,848 |
$4,588,604
$612,934 |
$7,307,310 |
| 30 |
$13,134,248 |
$4,820,002
$643,578 |
$7,670,668 |
|
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