Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Nov 24, 2025 is estimated to be $654 Million, with a cash option of 303.2 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Wisconsin, your state will take 7.65% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Wisconsin Powerball Jackpot/Cash Option for Mon Nov 24, 2025

Draw Date	Jackpot	Cash Option
Mon Nov 24, 2025	$654,000,000	$303,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$303,200,000
Federal Tax(24%)	$72,768,000
Additional Federal Tax	$39,376,330
State Tax(7.65%)	$23,194,800
Net Lumpsum Payment	$167,860,870

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,843,354	-$3,602,371 -$753,017	$5,487,966
2	$10,335,816	-$3,784,582 -$790,690	$5,760,544
3	$10,852,476	-$3,975,747 -$830,214	$6,046,515
4	$11,395,296	-$4,176,590 -$871,740	$6,346,966
5	$11,964,930	-$4,387,354 -$915,317	$6,662,259
6	$12,563,340	-$4,608,766 -$961,096	$6,993,478
7	$13,191,180	-$4,841,067 -$1,009,125	$7,340,988
8	$13,851,066	-$5,085,225 -$1,059,607	$7,706,234
9	$14,543,652	-$5,341,482 -$1,112,589	$8,089,581
10	$15,270,900	-$5,610,563 -$1,168,224	$8,492,113
11	$16,034,118	-$5,892,954 -$1,226,610	$8,914,554
12	$16,835,922	-$6,189,622 -$1,287,948	$9,358,352
13	$17,677,620	-$6,501,050 -$1,352,338	$9,824,232
14	$18,561,828	-$6,828,207 -$1,419,980	$10,313,641
15	$19,489,854	-$7,171,576 -$1,490,974	$10,827,304
16	$20,464,314	-$7,532,127 -$1,565,520	$11,366,667
17	$21,487,170	-$7,910,583 -$1,643,769	$11,932,818
18	$22,561,692	-$8,308,156 -$1,725,969	$12,527,567
19	$23,689,842	-$8,725,572 -$1,812,273	$13,151,997
20	$24,874,236	-$9,163,798 -$1,902,879	$13,807,559
21	$26,118,144	-$9,624,044 -$1,998,038	$14,496,062
22	$27,424,182	-$10,107,278 -$2,097,950	$15,218,954
23	$28,794,966	-$10,614,468 -$2,202,815	$15,977,683
24	$30,235,074	-$11,147,308 -$2,312,983	$16,774,783
25	$31,746,468	-$11,706,524 -$2,428,605	$17,611,339
26	$33,334,380	-$12,294,051 -$2,550,080	$18,490,249
27	$35,000,772	-$12,910,616 -$2,677,559	$19,412,597
28	$36,750,876	-$13,558,155 -$2,811,442	$20,381,279
29	$38,588,616	-$14,238,118 -$2,952,029	$21,398,469
30	$40,517,916	-$14,951,959 -$3,099,621	$22,466,336