The jackpot for the Powerball draw on Wed Jul 1, 2026, is projected to be $375 Million, with an option for a cash payout of $170.6 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 Wed Jul 1, 2026 |
|---|
| Draw Date | Wed Jul 1, 2026 | | Projected Jackpot | $375,000,000 | | Cash Value | $170,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $170,600,000 | | Federal Tax(24%) | $40,944,000 | | Additional Federal Tax | $22,138,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $107,517,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,644,125 |
$2,048,657
$0 |
$3,595,468 |
| 2 |
$5,926,500 |
$2,153,135
$0 |
$3,773,365 |
| 3 |
$6,222,750 |
$2,262,748
$0 |
$3,960,002 |
| 4 |
$6,534,000 |
$2,377,910
$0 |
$4,156,090 |
| 5 |
$6,860,625 |
$2,498,762
$0 |
$4,361,863 |
| 6 |
$7,203,750 |
$2,625,718
$0 |
$4,578,032 |
| 7 |
$7,563,750 |
$2,758,918
$0 |
$4,804,832 |
| 8 |
$7,942,125 |
$2,898,917
$0 |
$5,043,208 |
| 9 |
$8,339,250 |
$3,045,853
$0 |
$5,293,397 |
| 10 |
$8,756,250 |
$3,200,143
$0 |
$5,556,107 |
| 11 |
$9,193,875 |
$3,362,064
$0 |
$5,831,811 |
| 12 |
$9,653,625 |
$3,532,172
$0 |
$6,121,453 |
| 13 |
$10,136,250 |
$3,710,743
$0 |
$6,425,507 |
| 14 |
$10,643,250 |
$3,898,333
$0 |
$6,744,917 |
| 15 |
$11,175,375 |
$4,095,219
$0 |
$7,080,156 |
| 16 |
$11,734,125 |
$4,301,957
$0 |
$7,432,168 |
| 17 |
$12,320,625 |
$4,518,962
$0 |
$7,801,663 |
| 18 |
$12,936,750 |
$4,746,928
$0 |
$8,189,822 |
| 19 |
$13,583,625 |
$4,986,272
$0 |
$8,597,353 |
| 20 |
$14,262,750 |
$5,237,548
$0 |
$9,025,202 |
| 21 |
$14,976,000 |
$5,501,450
$0 |
$9,474,550 |
| 22 |
$15,724,875 |
$5,778,534
$0 |
$9,946,341 |
| 23 |
$16,510,875 |
$6,069,354
$0 |
$10,441,521 |
| 24 |
$17,336,625 |
$6,374,882
$0 |
$10,961,743 |
| 25 |
$18,203,250 |
$6,695,533
$0 |
$11,507,717 |
| 26 |
$19,113,750 |
$7,032,418
$0 |
$12,081,332 |
| 27 |
$20,069,250 |
$7,385,953
$0 |
$12,683,297 |
| 28 |
$21,072,750 |
$7,757,248
$0 |
$13,315,502 |
| 29 |
$22,126,500 |
$8,147,135
$0 |
$13,979,365 |
| 30 |
$23,232,750 |
$8,556,448
$0 |
$14,676,302 |
|
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