Drought is a condition of a shortage of water that has an impact on economic activity. +is research studies the severe drought area in Indonesia using Regional Frequency Analysis (RFA), based on daily precipitation data recorded at nine stations. +e analysis reveals five homogeneous regions, based on discordancy and heterogeneity tests. Furthermore, the L-moment approach is applied to investigate the regional distribution and suggests that the Pearson type III distribution is the distribution that best fits the five regions. +is distribution is also used to calculate the regional growth curve that is employed in the drought analysis. +e drought return period analysis, for conditions of 40% of normal rainfall, concludes that the region containing the Fransiskus Xaverius, Gewayantana, and Mali stations has the highest drought risk, indicated by the fastest return period estimate of 2 years and 4 months. Moreover, the extreme drought analysis shows that two of the regions have the potential to experience the return of extreme drought, with less than 20% of normal rainfall, in less than four years.