The jackpot for the Powerball draw on Sat Jun 6, 2026, is projected to be $212 Million, with an option for a cash payout of $94.7 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 Sat Jun 6, 2026 |
|---|
| Draw Date | Sat Jun 6, 2026 | | Projected Jackpot | $212,000,000 | | Cash Value | $94,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $94,700,000 | | Federal Tax(24%) | $22,728,000 | | Additional Federal Tax | $12,271,330 | | State Tax(2.5%) | $2,367,500 | | Net Lumpsum Payment | $57,333,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,190,812 |
$1,140,931
$79,770 |
$1,970,111 |
| 2 |
$3,350,448 |
$1,199,996
$83,761 |
$2,066,691 |
| 3 |
$3,517,928 |
$1,261,964
$87,948 |
$2,168,016 |
| 4 |
$3,693,888 |
$1,327,069
$92,347 |
$2,274,472 |
| 5 |
$3,878,540 |
$1,395,390
$96,964 |
$2,386,186 |
| 6 |
$4,072,520 |
$1,467,163
$101,813 |
$2,503,544 |
| 7 |
$4,276,040 |
$1,542,465
$106,901 |
$2,626,674 |
| 8 |
$4,489,948 |
$1,621,611
$112,249 |
$2,756,088 |
| 9 |
$4,714,456 |
$1,704,679
$117,861 |
$2,891,916 |
| 10 |
$4,950,200 |
$1,791,904
$123,755 |
$3,034,541 |
| 11 |
$5,197,604 |
$1,883,444
$129,940 |
$3,184,220 |
| 12 |
$5,457,516 |
$1,979,611
$136,438 |
$3,341,467 |
| 13 |
$5,730,360 |
$2,080,564
$143,259 |
$3,506,537 |
| 14 |
$6,016,984 |
$2,186,614
$150,425 |
$3,679,945 |
| 15 |
$6,317,812 |
$2,297,921
$157,945 |
$3,861,946 |
| 16 |
$6,633,692 |
$2,414,796
$165,842 |
$4,053,054 |
| 17 |
$6,965,260 |
$2,537,477
$174,132 |
$4,253,651 |
| 18 |
$7,313,576 |
$2,666,354
$182,839 |
$4,464,383 |
| 19 |
$7,679,276 |
$2,801,663
$191,982 |
$4,685,631 |
| 20 |
$8,063,208 |
$2,943,717
$201,580 |
$4,917,911 |
| 21 |
$8,466,432 |
$3,092,910
$211,661 |
$5,161,861 |
| 22 |
$8,889,796 |
$3,249,555
$222,245 |
$5,417,996 |
| 23 |
$9,334,148 |
$3,413,965
$233,354 |
$5,686,829 |
| 24 |
$9,800,972 |
$3,586,690
$245,024 |
$5,969,258 |
| 25 |
$10,290,904 |
$3,767,965
$257,273 |
$6,265,666 |
| 26 |
$10,805,640 |
$3,958,417
$270,141 |
$6,577,082 |
| 27 |
$11,345,816 |
$4,158,282
$283,645 |
$6,903,889 |
| 28 |
$11,913,128 |
$4,368,188
$297,828 |
$7,247,112 |
| 29 |
$12,508,848 |
$4,588,604
$312,721 |
$7,607,523 |
| 30 |
$13,134,248 |
$4,820,002
$328,356 |
$7,985,890 |
|
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