The jackpot for the Powerball draw on Sat Feb 14, 2026, is projected to be $146 Million, with an option for a cash payout of $66.9 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC Powerball Jackpot/Cash Option for Sat Feb 14, 2026 |
|---|
| Draw Date | Sat Feb 14, 2026 | | Projected Jackpot | $146,000,000 | | Cash Value | $66,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $66,900,000 | | Federal Tax(24%) | $16,056,000 | | Additional Federal Tax | $8,657,330 | | State Tax(10.75%) | $7,191,750 | | Net Lumpsum Payment | $34,994,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,197,446 |
$773,385
$236,225 |
$1,187,836 |
| 2 |
$2,307,384 |
$814,062
$248,044 |
$1,245,278 |
| 3 |
$2,422,724 |
$856,738
$260,443 |
$1,305,543 |
| 4 |
$2,543,904 |
$901,575
$273,470 |
$1,368,859 |
| 5 |
$2,671,070 |
$948,626
$287,140 |
$1,435,304 |
| 6 |
$2,804,660 |
$998,055
$301,501 |
$1,505,104 |
| 7 |
$2,944,820 |
$1,049,914
$316,568 |
$1,578,338 |
| 8 |
$3,092,134 |
$1,104,420
$332,404 |
$1,655,310 |
| 9 |
$3,246,748 |
$1,161,627
$349,025 |
$1,736,096 |
| 10 |
$3,409,100 |
$1,221,697
$366,478 |
$1,820,925 |
| 11 |
$3,579,482 |
$1,284,739
$384,794 |
$1,909,949 |
| 12 |
$3,758,478 |
$1,350,967
$404,036 |
$2,003,475 |
| 13 |
$3,946,380 |
$1,420,491
$424,236 |
$2,101,653 |
| 14 |
$4,143,772 |
$1,493,526
$445,455 |
$2,204,791 |
| 15 |
$4,350,946 |
$1,570,180
$467,727 |
$2,313,039 |
| 16 |
$4,568,486 |
$1,650,670
$491,112 |
$2,426,704 |
| 17 |
$4,796,830 |
$1,735,157
$515,659 |
$2,546,014 |
| 18 |
$5,036,708 |
$1,823,912
$541,446 |
$2,671,350 |
| 19 |
$5,288,558 |
$1,917,097
$568,520 |
$2,802,941 |
| 20 |
$5,552,964 |
$2,014,927
$596,944 |
$2,941,093 |
| 21 |
$5,830,656 |
$2,117,673
$626,796 |
$3,086,187 |
| 22 |
$6,122,218 |
$2,225,551
$658,138 |
$3,238,529 |
| 23 |
$6,428,234 |
$2,338,777
$691,035 |
$3,398,422 |
| 24 |
$6,749,726 |
$2,457,729
$725,596 |
$3,566,401 |
| 25 |
$7,087,132 |
$2,582,569
$761,867 |
$3,742,696 |
| 26 |
$7,441,620 |
$2,713,730
$799,974 |
$3,927,916 |
| 27 |
$7,813,628 |
$2,851,373
$839,965 |
$4,122,290 |
| 28 |
$8,204,324 |
$2,995,930
$881,965 |
$4,326,429 |
| 29 |
$8,614,584 |
$3,147,726
$926,068 |
$4,540,790 |
| 30 |
$9,045,284 |
$3,307,085
$972,368 |
$4,765,831 |
|
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