The jackpot for the Powerball draw on Wed Apr 1, 2026, is projected to be $194 Million, with an option for a cash payout of $87.1 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 Wed Apr 1, 2026 |
|---|
| Draw Date | Wed Apr 1, 2026 | | Projected Jackpot | $194,000,000 | | Cash Value | $87,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $87,100,000 | | Federal Tax(24%) | $20,904,000 | | Additional Federal Tax | $11,283,330 | | State Tax(10.75%) | $9,363,250 | | Net Lumpsum Payment | $45,549,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,919,894 |
$1,040,691
$313,889 |
$1,565,314 |
| 2 |
$3,065,976 |
$1,094,742
$329,592 |
$1,641,642 |
| 3 |
$3,219,236 |
$1,151,448
$346,068 |
$1,721,720 |
| 4 |
$3,380,256 |
$1,211,025
$363,378 |
$1,805,853 |
| 5 |
$3,549,230 |
$1,273,545
$381,542 |
$1,894,143 |
| 6 |
$3,726,740 |
$1,339,224
$400,625 |
$1,986,891 |
| 7 |
$3,912,980 |
$1,408,133
$420,645 |
$2,084,202 |
| 8 |
$4,108,726 |
$1,480,559
$441,688 |
$2,186,479 |
| 9 |
$4,314,172 |
$1,556,574
$463,773 |
$2,293,825 |
| 10 |
$4,529,900 |
$1,636,393
$486,964 |
$2,406,543 |
| 11 |
$4,756,298 |
$1,720,161
$511,302 |
$2,524,835 |
| 12 |
$4,994,142 |
$1,808,163
$536,870 |
$2,649,109 |
| 13 |
$5,243,820 |
$1,900,544
$563,711 |
$2,779,565 |
| 14 |
$5,506,108 |
$1,997,590
$591,907 |
$2,916,611 |
| 15 |
$5,781,394 |
$2,099,446
$621,500 |
$3,060,448 |
| 16 |
$6,070,454 |
$2,206,398
$652,574 |
$3,211,482 |
| 17 |
$6,373,870 |
$2,318,662
$685,191 |
$3,370,017 |
| 18 |
$6,692,612 |
$2,436,597
$719,456 |
$3,536,559 |
| 19 |
$7,027,262 |
$2,560,417
$755,431 |
$3,711,414 |
| 20 |
$7,378,596 |
$2,690,411
$793,199 |
$3,894,986 |
| 21 |
$7,747,584 |
$2,826,936
$832,865 |
$4,087,783 |
| 22 |
$8,135,002 |
$2,970,281
$874,513 |
$4,290,208 |
| 23 |
$8,541,626 |
$3,120,732
$918,225 |
$4,502,669 |
| 24 |
$8,968,814 |
$3,278,792
$964,148 |
$4,725,874 |
| 25 |
$9,417,148 |
$3,444,675
$1,012,343 |
$4,960,130 |
| 26 |
$9,888,180 |
$3,618,957
$1,062,979 |
$5,206,244 |
| 27 |
$10,382,492 |
$3,801,852
$1,116,118 |
$5,464,522 |
| 28 |
$10,901,636 |
$3,993,936
$1,171,926 |
$5,735,774 |
| 29 |
$11,446,776 |
$4,195,638
$1,230,528 |
$6,020,610 |
| 30 |
$12,019,076 |
$4,407,389
$1,292,051 |
$6,319,636 |
|
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