The jackpot for the Powerball draw on Wed Feb 18, 2026, is projected to be $169 Million, with an option for a cash payout of $79.2 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 Missouri residents, the state will deduct 4% from your lottery earnings.
| Missouri Powerball Jackpot/Cash Option for Wed Feb 18, 2026 |
|---|
| Draw Date | Wed Feb 18, 2026 | | Projected Jackpot | $169,000,000 | | Cash Value | $79,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $79,200,000 | | Federal Tax(24%) | $19,008,000 | | Additional Federal Tax | $10,256,330 | | State Tax(4%) | $3,168,000 | | Net Lumpsum Payment | $46,767,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,543,619 |
$901,469
$101,745 |
$1,540,405 |
| 2 |
$2,670,876 |
$948,555
$106,835 |
$1,615,486 |
| 3 |
$2,804,386 |
$997,953
$112,175 |
$1,694,258 |
| 4 |
$2,944,656 |
$1,049,853
$117,786 |
$1,777,017 |
| 5 |
$3,091,855 |
$1,104,317
$123,674 |
$1,863,864 |
| 6 |
$3,246,490 |
$1,161,532
$129,860 |
$1,955,098 |
| 7 |
$3,408,730 |
$1,221,560
$136,349 |
$2,050,821 |
| 8 |
$3,579,251 |
$1,284,653
$143,170 |
$2,151,428 |
| 9 |
$3,758,222 |
$1,350,873
$150,329 |
$2,257,020 |
| 10 |
$3,946,150 |
$1,420,406
$157,846 |
$2,367,898 |
| 11 |
$4,143,373 |
$1,493,378
$165,735 |
$2,484,260 |
| 12 |
$4,350,567 |
$1,570,040
$174,023 |
$2,606,504 |
| 13 |
$4,568,070 |
$1,650,516
$182,723 |
$2,734,831 |
| 14 |
$4,796,558 |
$1,735,057
$191,862 |
$2,869,639 |
| 15 |
$5,036,369 |
$1,823,787
$201,455 |
$3,011,127 |
| 16 |
$5,288,179 |
$1,916,957
$211,527 |
$3,159,695 |
| 17 |
$5,552,495 |
$2,014,754
$222,100 |
$3,315,641 |
| 18 |
$5,830,162 |
$2,117,490
$233,206 |
$3,479,466 |
| 19 |
$6,121,687 |
$2,225,355
$244,867 |
$3,651,465 |
| 20 |
$6,427,746 |
$2,338,596
$257,110 |
$3,832,040 |
| 21 |
$6,749,184 |
$2,457,528
$269,967 |
$4,021,689 |
| 22 |
$7,086,677 |
$2,582,401
$283,467 |
$4,220,809 |
| 23 |
$7,440,901 |
$2,713,464
$297,636 |
$4,429,801 |
| 24 |
$7,813,039 |
$2,851,155
$312,522 |
$4,649,362 |
| 25 |
$8,203,598 |
$2,995,662
$328,144 |
$4,879,792 |
| 26 |
$8,613,930 |
$3,147,484
$344,557 |
$5,121,889 |
| 27 |
$9,044,542 |
$3,306,811
$361,782 |
$5,375,949 |
| 28 |
$9,496,786 |
$3,474,141
$379,871 |
$5,642,774 |
| 29 |
$9,971,676 |
$3,649,851
$398,867 |
$5,922,958 |
| 30 |
$10,470,226 |
$3,834,314
$418,809 |
$6,217,103 |
|
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