The jackpot for the Powerball draw on Sat Feb 14, 2026, is projected to be $146 Million, with an option for a cash payout of $66.9 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 Pennsylvania residents, the state will deduct 3.07% from your lottery earnings.
| Pennsylvania Powerball Jackpot/Cash Option for Sat Feb 14, 2026 |
|---|
| Draw Date | Sat Feb 14, 2026 | | Projected Jackpot | $146,000,000 | | Cash Value | $66,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $66,900,000 | | Federal Tax(24%) | $16,056,000 | | Additional Federal Tax | $8,657,330 | | State Tax(3.07%) | $2,053,830 | | Net Lumpsum Payment | $40,132,840 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,197,446 |
$773,385
$67,462 |
$1,356,599 |
| 2 |
$2,307,384 |
$814,062
$70,837 |
$1,422,485 |
| 3 |
$2,422,724 |
$856,738
$74,378 |
$1,491,608 |
| 4 |
$2,543,904 |
$901,575
$78,098 |
$1,564,231 |
| 5 |
$2,671,070 |
$948,626
$82,002 |
$1,640,442 |
| 6 |
$2,804,660 |
$998,055
$86,103 |
$1,720,502 |
| 7 |
$2,944,820 |
$1,049,914
$90,406 |
$1,804,500 |
| 8 |
$3,092,134 |
$1,104,420
$94,929 |
$1,892,785 |
| 9 |
$3,246,748 |
$1,161,627
$99,675 |
$1,985,446 |
| 10 |
$3,409,100 |
$1,221,697
$104,659 |
$2,082,744 |
| 11 |
$3,579,482 |
$1,284,739
$109,890 |
$2,184,853 |
| 12 |
$3,758,478 |
$1,350,967
$115,385 |
$2,292,126 |
| 13 |
$3,946,380 |
$1,420,491
$121,154 |
$2,404,735 |
| 14 |
$4,143,772 |
$1,493,526
$127,214 |
$2,523,032 |
| 15 |
$4,350,946 |
$1,570,180
$133,574 |
$2,647,192 |
| 16 |
$4,568,486 |
$1,650,670
$140,253 |
$2,777,563 |
| 17 |
$4,796,830 |
$1,735,157
$147,263 |
$2,914,410 |
| 18 |
$5,036,708 |
$1,823,912
$154,627 |
$3,058,169 |
| 19 |
$5,288,558 |
$1,917,097
$162,359 |
$3,209,102 |
| 20 |
$5,552,964 |
$2,014,927
$170,476 |
$3,367,561 |
| 21 |
$5,830,656 |
$2,117,673
$179,001 |
$3,533,982 |
| 22 |
$6,122,218 |
$2,225,551
$187,952 |
$3,708,715 |
| 23 |
$6,428,234 |
$2,338,777
$197,347 |
$3,892,110 |
| 24 |
$6,749,726 |
$2,457,729
$207,217 |
$4,084,780 |
| 25 |
$7,087,132 |
$2,582,569
$217,575 |
$4,286,988 |
| 26 |
$7,441,620 |
$2,713,730
$228,458 |
$4,499,432 |
| 27 |
$7,813,628 |
$2,851,373
$239,878 |
$4,722,377 |
| 28 |
$8,204,324 |
$2,995,930
$251,873 |
$4,956,521 |
| 29 |
$8,614,584 |
$3,147,726
$264,468 |
$5,202,390 |
| 30 |
$9,045,284 |
$3,307,085
$277,690 |
$5,460,509 |
|
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