The jackpot for the Powerball draw on Sat Jun 13, 2026, is projected to be $258 Million, with an option for a cash payout of $115 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 Washington DC residents, the state will deduct 10.75% from your lottery earnings.
| Washington DC Powerball Jackpot/Cash Option for Sat Jun 13, 2026 |
|---|
| Draw Date | Sat Jun 13, 2026 | | Projected Jackpot | $258,000,000 | | Cash Value | $115,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $115,000,000 | | Federal Tax(24%) | $27,600,000 | | Additional Federal Tax | $14,910,330 | | State Tax(10.75%) | $12,362,500 | | Net Lumpsum Payment | $60,127,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,883,158 |
$1,397,099
$417,439 |
$2,068,620 |
| 2 |
$4,077,432 |
$1,468,980
$438,324 |
$2,170,128 |
| 3 |
$4,281,252 |
$1,544,394
$460,235 |
$2,276,623 |
| 4 |
$4,495,392 |
$1,623,625
$483,255 |
$2,388,512 |
| 5 |
$4,720,110 |
$1,706,771
$507,412 |
$2,505,927 |
| 6 |
$4,956,180 |
$1,794,117
$532,789 |
$2,629,274 |
| 7 |
$5,203,860 |
$1,885,759
$559,415 |
$2,758,686 |
| 8 |
$5,464,182 |
$1,982,078
$587,400 |
$2,894,704 |
| 9 |
$5,737,404 |
$2,083,170
$616,771 |
$3,037,463 |
| 10 |
$6,024,300 |
$2,189,321
$647,612 |
$3,187,367 |
| 11 |
$6,325,386 |
$2,300,723
$679,979 |
$3,344,684 |
| 12 |
$6,641,694 |
$2,417,757
$713,982 |
$3,509,955 |
| 13 |
$6,973,740 |
$2,540,614
$749,677 |
$3,683,449 |
| 14 |
$7,322,556 |
$2,669,676
$787,175 |
$3,865,705 |
| 15 |
$7,688,658 |
$2,805,134
$826,531 |
$4,056,993 |
| 16 |
$8,073,078 |
$2,947,369
$867,856 |
$4,257,853 |
| 17 |
$8,476,590 |
$3,096,669
$911,233 |
$4,468,688 |
| 18 |
$8,900,484 |
$3,253,509
$956,802 |
$4,690,173 |
| 19 |
$9,345,534 |
$3,418,178
$1,004,645 |
$4,922,711 |
| 20 |
$9,812,772 |
$3,591,056
$1,054,873 |
$5,166,843 |
| 21 |
$10,303,488 |
$3,772,621
$1,107,625 |
$5,423,242 |
| 22 |
$10,818,714 |
$3,963,255
$1,163,012 |
$5,692,447 |
| 23 |
$11,359,482 |
$4,163,339
$1,221,144 |
$5,974,999 |
| 24 |
$11,927,598 |
$4,373,542
$1,282,217 |
$6,271,839 |
| 25 |
$12,523,836 |
$4,594,150
$1,346,312 |
$6,583,374 |
| 26 |
$13,150,260 |
$4,825,927
$1,413,653 |
$6,910,680 |
| 27 |
$13,807,644 |
$5,069,159
$1,484,322 |
$7,254,163 |
| 28 |
$14,498,052 |
$5,324,610
$1,558,541 |
$7,614,901 |
| 29 |
$15,223,032 |
$5,592,852
$1,636,476 |
$7,993,704 |
| 30 |
$15,984,132 |
$5,874,459
$1,718,294 |
$8,391,379 |
|
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