The jackpot for the Powerball draw on Wed Nov 11, 2026, is projected to be $45 Million, with an option for a cash payout of $19.4 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 Arizona residents, the state will deduct 2.5% from your lottery earnings.
| Arizona Powerball Jackpot/Cash Option for Wed Nov 11, 2026 |
|---|
| Draw Date | Wed Nov 11, 2026 | | Projected Jackpot | $45,000,000 | | Cash Value | $19,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $19,400,000 | | Federal Tax(24%) | $4,656,000 | | Additional Federal Tax | $2,482,330 | | State Tax(2.5%) | $485,000 | | Net Lumpsum Payment | $11,776,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$677,295 |
$210,930
$16,932 |
$449,433 |
| 2 |
$711,180 |
$223,467
$17,780 |
$469,933 |
| 3 |
$746,730 |
$236,620
$18,668 |
$491,442 |
| 4 |
$784,080 |
$250,440
$19,602 |
$514,038 |
| 5 |
$823,275 |
$264,942
$20,582 |
$537,751 |
| 6 |
$864,450 |
$280,177
$21,611 |
$562,662 |
| 7 |
$907,650 |
$296,161
$22,691 |
$588,798 |
| 8 |
$953,055 |
$312,961
$23,826 |
$616,268 |
| 9 |
$1,000,710 |
$330,593
$25,018 |
$645,099 |
| 10 |
$1,050,750 |
$349,108
$26,269 |
$675,373 |
| 11 |
$1,103,265 |
$368,538
$27,582 |
$707,145 |
| 12 |
$1,158,435 |
$388,951
$28,961 |
$740,523 |
| 13 |
$1,216,350 |
$410,380
$30,409 |
$775,561 |
| 14 |
$1,277,190 |
$432,891
$31,930 |
$812,369 |
| 15 |
$1,341,045 |
$456,517
$33,526 |
$851,002 |
| 16 |
$1,408,095 |
$481,326
$35,202 |
$891,567 |
| 17 |
$1,478,475 |
$507,366
$36,962 |
$934,147 |
| 18 |
$1,552,410 |
$534,722
$38,810 |
$978,878 |
| 19 |
$1,630,035 |
$563,443
$40,751 |
$1,025,841 |
| 20 |
$1,711,530 |
$593,596
$42,788 |
$1,075,146 |
| 21 |
$1,797,120 |
$625,265
$44,928 |
$1,126,927 |
| 22 |
$1,886,985 |
$658,515
$47,175 |
$1,181,295 |
| 23 |
$1,981,305 |
$693,413
$49,533 |
$1,238,359 |
| 24 |
$2,080,395 |
$730,077
$52,010 |
$1,298,308 |
| 25 |
$2,184,390 |
$768,555
$54,610 |
$1,361,225 |
| 26 |
$2,293,650 |
$808,981
$57,341 |
$1,427,328 |
| 27 |
$2,408,310 |
$851,405
$60,208 |
$1,496,697 |
| 28 |
$2,528,730 |
$895,960
$63,218 |
$1,569,552 |
| 29 |
$2,655,180 |
$942,747
$66,380 |
$1,646,053 |
| 30 |
$2,787,930 |
$991,864
$69,698 |
$1,726,368 |
|
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