The jackpot for the Powerball draw on Mon Mar 2, 2026, is projected to be $249 Million, with an option for a cash payout of $117.2 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 Mon Mar 2, 2026 |
|---|
| Draw Date | Mon Mar 2, 2026 | | Projected Jackpot | $249,000,000 | | Cash Value | $117,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $117,200,000 | | Federal Tax(24%) | $28,128,000 | | Additional Federal Tax | $15,196,330 | | State Tax(4%) | $4,688,000 | | Net Lumpsum Payment | $69,187,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,747,699 |
$1,346,979
$149,908 |
$2,250,812 |
| 2 |
$3,935,196 |
$1,416,353
$157,408 |
$2,361,435 |
| 3 |
$4,131,906 |
$1,489,136
$165,276 |
$2,477,494 |
| 4 |
$4,338,576 |
$1,565,604
$173,543 |
$2,599,429 |
| 5 |
$4,555,455 |
$1,645,849
$182,218 |
$2,727,388 |
| 6 |
$4,783,290 |
$1,730,148
$191,332 |
$2,861,810 |
| 7 |
$5,022,330 |
$1,818,592
$200,893 |
$3,002,845 |
| 8 |
$5,273,571 |
$1,911,552
$210,943 |
$3,151,076 |
| 9 |
$5,537,262 |
$2,009,117
$221,490 |
$3,306,655 |
| 10 |
$5,814,150 |
$2,111,566
$232,566 |
$3,470,018 |
| 11 |
$6,104,733 |
$2,219,082
$244,189 |
$3,641,462 |
| 12 |
$6,410,007 |
$2,332,033
$256,400 |
$3,821,574 |
| 13 |
$6,730,470 |
$2,450,604
$269,219 |
$4,010,647 |
| 14 |
$7,067,118 |
$2,575,164
$282,685 |
$4,209,269 |
| 15 |
$7,420,449 |
$2,705,897
$296,818 |
$4,417,734 |
| 16 |
$7,791,459 |
$2,843,170
$311,658 |
$4,636,631 |
| 17 |
$8,180,895 |
$2,987,262
$327,236 |
$4,866,397 |
| 18 |
$8,590,002 |
$3,138,631
$343,600 |
$5,107,771 |
| 19 |
$9,019,527 |
$3,297,555
$360,781 |
$5,361,191 |
| 20 |
$9,470,466 |
$3,464,403
$378,819 |
$5,627,244 |
| 21 |
$9,944,064 |
$3,639,634
$397,763 |
$5,906,667 |
| 22 |
$10,441,317 |
$3,823,618
$417,653 |
$6,200,046 |
| 23 |
$10,963,221 |
$4,016,722
$438,529 |
$6,507,970 |
| 24 |
$11,511,519 |
$4,219,592
$460,461 |
$6,831,466 |
| 25 |
$12,086,958 |
$4,432,505
$483,478 |
$7,170,975 |
| 26 |
$12,691,530 |
$4,656,196
$507,661 |
$7,527,673 |
| 27 |
$13,325,982 |
$4,890,944
$533,039 |
$7,901,999 |
| 28 |
$13,992,306 |
$5,137,484
$559,692 |
$8,295,130 |
| 29 |
$14,691,996 |
$5,396,369
$587,680 |
$8,707,947 |
| 30 |
$15,426,546 |
$5,668,152
$617,062 |
$9,141,332 |
|
|
