The jackpot for the Powerball draw on Sat Apr 4, 2026, is projected to be $217 Million, with an option for a cash payout of $97.4 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 Idaho residents, the state will deduct 5.8% from your lottery earnings.
| Idaho Powerball Jackpot/Cash Option for Sat Apr 4, 2026 |
|---|
| Draw Date | Sat Apr 4, 2026 | | Projected Jackpot | $217,000,000 | | Cash Value | $97,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $97,400,000 | | Federal Tax(24%) | $23,376,000 | | Additional Federal Tax | $12,622,330 | | State Tax(5.8%) | $5,649,200 | | Net Lumpsum Payment | $55,752,470 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,266,067 |
$1,168,775
$189,432 |
$1,907,860 |
| 2 |
$3,429,468 |
$1,229,234
$198,909 |
$2,001,325 |
| 3 |
$3,600,898 |
$1,292,663
$208,852 |
$2,099,383 |
| 4 |
$3,781,008 |
$1,359,303
$219,298 |
$2,202,407 |
| 5 |
$3,970,015 |
$1,429,236
$230,261 |
$2,310,518 |
| 6 |
$4,168,570 |
$1,502,701
$241,777 |
$2,424,092 |
| 7 |
$4,376,890 |
$1,579,780
$253,860 |
$2,543,250 |
| 8 |
$4,595,843 |
$1,660,792
$266,559 |
$2,668,492 |
| 9 |
$4,825,646 |
$1,745,819
$279,887 |
$2,799,940 |
| 10 |
$5,066,950 |
$1,835,102
$293,883 |
$2,937,965 |
| 11 |
$5,320,189 |
$1,928,800
$308,571 |
$3,082,818 |
| 12 |
$5,586,231 |
$2,027,236
$324,001 |
$3,234,994 |
| 13 |
$5,865,510 |
$2,130,569
$340,200 |
$3,394,741 |
| 14 |
$6,158,894 |
$2,239,121
$357,216 |
$3,562,557 |
| 15 |
$6,466,817 |
$2,353,053
$375,075 |
$3,738,689 |
| 16 |
$6,790,147 |
$2,472,685
$393,829 |
$3,923,633 |
| 17 |
$7,129,535 |
$2,598,258
$413,513 |
$4,117,764 |
| 18 |
$7,486,066 |
$2,730,175
$434,192 |
$4,321,699 |
| 19 |
$7,860,391 |
$2,868,675
$455,903 |
$4,535,813 |
| 20 |
$8,253,378 |
$3,014,080
$478,696 |
$4,760,602 |
| 21 |
$8,666,112 |
$3,166,792
$502,634 |
$4,996,686 |
| 22 |
$9,099,461 |
$3,327,131
$527,769 |
$5,244,561 |
| 23 |
$9,554,293 |
$3,495,419
$554,149 |
$5,504,725 |
| 24 |
$10,032,127 |
$3,672,217
$581,863 |
$5,778,047 |
| 25 |
$10,533,614 |
$3,857,768
$610,950 |
$6,064,896 |
| 26 |
$11,060,490 |
$4,052,712
$641,508 |
$6,366,270 |
| 27 |
$11,613,406 |
$4,257,291
$673,578 |
$6,682,537 |
| 28 |
$12,194,098 |
$4,472,147
$707,258 |
$7,014,693 |
| 29 |
$12,803,868 |
$4,697,762
$742,624 |
$7,363,482 |
| 30 |
$13,444,018 |
$4,934,617
$779,753 |
$7,729,648 |
|
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