The jackpot for the Powerball draw on Sat Oct 24, 2026, is projected to be $674 Million, with an option for a cash payout of $283.9 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 those living in New Hampshire, the bright side is you won't have to pay any state taxes on your lottery prize.
| New Hampshire Powerball Jackpot/Cash Option for Sat Oct 24, 2026 |
|---|
| Draw Date | Sat Oct 24, 2026 | | Projected Jackpot | $674,000,000 | | Cash Value | $283,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $283,900,000 | | Federal Tax(24%) | $68,136,000 | | Additional Federal Tax | $36,867,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $178,896,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$10,144,374 |
$3,713,749
$0 |
$6,430,625 |
| 2 |
$10,651,896 |
$3,901,532
$0 |
$6,750,364 |
| 3 |
$11,184,356 |
$4,098,542
$0 |
$7,085,814 |
| 4 |
$11,743,776 |
$4,305,528
$0 |
$7,438,248 |
| 5 |
$12,330,830 |
$4,522,737
$0 |
$7,808,093 |
| 6 |
$12,947,540 |
$4,750,920
$0 |
$8,196,620 |
| 7 |
$13,594,580 |
$4,990,325
$0 |
$8,604,255 |
| 8 |
$14,274,646 |
$5,241,949
$0 |
$9,032,697 |
| 9 |
$14,988,412 |
$5,506,043
$0 |
$9,482,369 |
| 10 |
$15,737,900 |
$5,783,353
$0 |
$9,954,547 |
| 11 |
$16,524,458 |
$6,074,380
$0 |
$10,450,078 |
| 12 |
$17,350,782 |
$6,380,120
$0 |
$10,970,662 |
| 13 |
$18,218,220 |
$6,701,072
$0 |
$11,517,148 |
| 14 |
$19,129,468 |
$7,038,234
$0 |
$12,091,234 |
| 15 |
$20,085,874 |
$7,392,104
$0 |
$12,693,770 |
| 16 |
$21,090,134 |
$7,763,680
$0 |
$13,326,454 |
| 17 |
$22,144,270 |
$8,153,710
$0 |
$13,990,560 |
| 18 |
$23,251,652 |
$8,563,442
$0 |
$14,688,210 |
| 19 |
$24,414,302 |
$8,993,622
$0 |
$15,420,680 |
| 20 |
$25,634,916 |
$9,445,249
$0 |
$16,189,667 |
| 21 |
$26,916,864 |
$9,919,570
$0 |
$16,997,294 |
| 22 |
$28,262,842 |
$10,417,582
$0 |
$17,845,260 |
| 23 |
$29,675,546 |
$10,940,282
$0 |
$18,735,264 |
| 24 |
$31,159,694 |
$11,489,417
$0 |
$19,670,277 |
| 25 |
$32,717,308 |
$12,065,734
$0 |
$20,651,574 |
| 26 |
$34,353,780 |
$12,671,229
$0 |
$21,682,551 |
| 27 |
$36,071,132 |
$13,306,649
$0 |
$22,764,483 |
| 28 |
$37,874,756 |
$13,973,990
$0 |
$23,900,766 |
| 29 |
$39,768,696 |
$14,674,748
$0 |
$25,093,948 |
| 30 |
$41,756,996 |
$15,410,419
$0 |
$26,346,577 |
|
|
