The jackpot for the Powerball draw on Wed Sep 9, 2026, is projected to be $207 Million, with an option for a cash payout of $89.3 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 Wed Sep 9, 2026 |
|---|
| Draw Date | Wed Sep 9, 2026 | | Projected Jackpot | $207,000,000 | | Cash Value | $89,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $89,300,000 | | Federal Tax(24%) | $21,432,000 | | Additional Federal Tax | $11,569,330 | | State Tax(2.5%) | $2,232,500 | | Net Lumpsum Payment | $54,066,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,115,557 |
$1,113,086
$77,889 |
$1,924,582 |
| 2 |
$3,271,428 |
$1,170,759
$81,786 |
$2,018,883 |
| 3 |
$3,434,958 |
$1,231,265
$85,874 |
$2,117,819 |
| 4 |
$3,606,768 |
$1,294,835
$90,169 |
$2,221,764 |
| 5 |
$3,787,065 |
$1,361,544
$94,677 |
$2,330,844 |
| 6 |
$3,976,470 |
$1,431,624
$99,412 |
$2,445,434 |
| 7 |
$4,175,190 |
$1,505,151
$104,380 |
$2,565,659 |
| 8 |
$4,384,053 |
$1,582,430
$109,601 |
$2,692,022 |
| 9 |
$4,603,266 |
$1,663,539
$115,082 |
$2,824,645 |
| 10 |
$4,833,450 |
$1,748,707
$120,836 |
$2,963,907 |
| 11 |
$5,075,019 |
$1,838,087
$126,875 |
$3,110,057 |
| 12 |
$5,328,801 |
$1,931,987
$133,220 |
$3,263,594 |
| 13 |
$5,595,210 |
$2,030,558
$139,880 |
$3,424,772 |
| 14 |
$5,875,074 |
$2,134,108
$146,877 |
$3,594,089 |
| 15 |
$6,168,807 |
$2,242,789
$154,220 |
$3,771,798 |
| 16 |
$6,477,237 |
$2,356,908
$161,931 |
$3,958,398 |
| 17 |
$6,800,985 |
$2,476,695
$170,025 |
$4,154,265 |
| 18 |
$7,141,086 |
$2,602,532
$178,527 |
$4,360,027 |
| 19 |
$7,498,161 |
$2,734,650
$187,454 |
$4,576,057 |
| 20 |
$7,873,038 |
$2,873,354
$196,826 |
$4,802,858 |
| 21 |
$8,266,752 |
$3,019,029
$206,669 |
$5,041,054 |
| 22 |
$8,680,131 |
$3,171,979
$217,003 |
$5,291,149 |
| 23 |
$9,114,003 |
$3,332,511
$227,850 |
$5,553,642 |
| 24 |
$9,569,817 |
$3,501,163
$239,245 |
$5,829,409 |
| 25 |
$10,048,194 |
$3,678,162
$251,205 |
$6,118,827 |
| 26 |
$10,550,790 |
$3,864,123
$263,770 |
$6,422,897 |
| 27 |
$11,078,226 |
$4,059,274
$276,956 |
$6,741,996 |
| 28 |
$11,632,158 |
$4,264,229
$290,804 |
$7,077,125 |
| 29 |
$12,213,828 |
$4,479,447
$305,346 |
$7,429,035 |
| 30 |
$12,824,478 |
$4,705,387
$320,612 |
$7,798,479 |
|
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