The jackpot for the Powerball draw on Sat Mar 14, 2026, is projected to be $75 Million, with an option for a cash payout of $34.6 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 Arizona residents, the state will deduct 2.5% from your lottery earnings.
| Arizona Powerball Jackpot/Cash Option for Sat Mar 14, 2026 |
|---|
| Draw Date | Sat Mar 14, 2026 | | Projected Jackpot | $75,000,000 | | Cash Value | $34,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $34,600,000 | | Federal Tax(24%) | $8,304,000 | | Additional Federal Tax | $4,458,330 | | State Tax(2.5%) | $865,000 | | Net Lumpsum Payment | $20,972,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,128,825 |
$377,996
$28,221 |
$722,608 |
| 2 |
$1,185,300 |
$398,891
$29,633 |
$756,776 |
| 3 |
$1,244,550 |
$420,814
$31,114 |
$792,622 |
| 4 |
$1,306,800 |
$443,846
$32,670 |
$830,284 |
| 5 |
$1,372,125 |
$468,017
$34,303 |
$869,805 |
| 6 |
$1,440,750 |
$493,408
$36,019 |
$911,323 |
| 7 |
$1,512,750 |
$520,048
$37,819 |
$954,883 |
| 8 |
$1,588,425 |
$548,048
$39,711 |
$1,000,666 |
| 9 |
$1,667,850 |
$577,435
$41,696 |
$1,048,719 |
| 10 |
$1,751,250 |
$608,293
$43,781 |
$1,099,176 |
| 11 |
$1,838,775 |
$640,677
$45,969 |
$1,152,129 |
| 12 |
$1,930,725 |
$674,699
$48,268 |
$1,207,758 |
| 13 |
$2,027,250 |
$710,413
$50,681 |
$1,266,156 |
| 14 |
$2,128,650 |
$747,931
$53,216 |
$1,327,503 |
| 15 |
$2,235,075 |
$787,308
$55,877 |
$1,391,890 |
| 16 |
$2,346,825 |
$828,656
$58,671 |
$1,459,498 |
| 17 |
$2,464,125 |
$872,057
$61,603 |
$1,530,465 |
| 18 |
$2,587,350 |
$917,650
$64,684 |
$1,605,016 |
| 19 |
$2,716,725 |
$965,519
$67,918 |
$1,683,288 |
| 20 |
$2,852,550 |
$1,015,774
$71,314 |
$1,765,462 |
| 21 |
$2,995,200 |
$1,068,554
$74,880 |
$1,851,766 |
| 22 |
$3,144,975 |
$1,123,971
$78,624 |
$1,942,380 |
| 23 |
$3,302,175 |
$1,182,135
$82,554 |
$2,037,486 |
| 24 |
$3,467,325 |
$1,243,241
$86,683 |
$2,137,401 |
| 25 |
$3,640,650 |
$1,307,371
$91,016 |
$2,242,263 |
| 26 |
$3,822,750 |
$1,374,748
$95,569 |
$2,352,433 |
| 27 |
$4,013,850 |
$1,445,455
$100,346 |
$2,468,049 |
| 28 |
$4,214,550 |
$1,519,714
$105,364 |
$2,589,472 |
| 29 |
$4,425,300 |
$1,597,691
$110,633 |
$2,716,976 |
| 30 |
$4,646,550 |
$1,679,554
$116,164 |
$2,850,832 |
|
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