Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Nov 1, 2025 is estimated to be $400 Million, with a cash option of 190.7 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 Sat Nov 1, 2025

Draw Date	Jackpot	Cash Option
Sat Nov 1, 2025	$400,000,000	$190,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$190,700,000
Federal Tax(24%)	$45,768,000
Additional Federal Tax	$24,751,330
State Tax(7.65%)	$14,588,550
Net Lumpsum Payment	$105,592,120

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,020,400	-$2,187,878 -$460,561	$3,371,961
2	$6,321,600	-$2,299,322 -$483,602	$3,538,676
3	$6,637,600	-$2,416,242 -$507,776	$3,713,582
4	$6,969,600	-$2,539,082 -$533,174	$3,897,344
5	$7,318,000	-$2,667,990 -$559,827	$4,090,183
6	$7,684,000	-$2,803,410 -$587,826	$4,292,764
7	$8,068,000	-$2,945,490 -$617,202	$4,505,308
8	$8,471,600	-$3,094,822 -$648,077	$4,728,701
9	$8,895,200	-$3,251,554 -$680,483	$4,963,163
10	$9,340,000	-$3,416,130 -$714,510	$5,209,360
11	$9,806,800	-$3,588,846 -$750,220	$5,467,734
12	$10,297,200	-$3,770,294 -$787,736	$5,739,170
13	$10,812,000	-$3,960,770 -$827,118	$6,024,112
14	$11,352,800	-$4,160,866 -$868,489	$6,323,445
15	$11,920,400	-$4,370,878 -$911,911	$6,637,611
16	$12,516,400	-$4,591,398 -$957,505	$6,967,497
17	$13,142,000	-$4,822,870 -$1,005,363	$7,313,767
18	$13,799,200	-$5,066,034 -$1,055,639	$7,677,527
19	$14,489,200	-$5,321,334 -$1,108,424	$8,059,442
20	$15,213,600	-$5,589,362 -$1,163,840	$8,460,398
21	$15,974,400	-$5,870,858 -$1,222,042	$8,881,500
22	$16,773,200	-$6,166,414 -$1,283,150	$9,323,636
23	$17,611,600	-$6,476,622 -$1,347,287	$9,787,691
24	$18,492,400	-$6,802,518 -$1,414,669	$10,275,213
25	$19,416,800	-$7,144,546 -$1,485,385	$10,786,869
26	$20,388,000	-$7,503,890 -$1,559,682	$11,324,428
27	$21,407,200	-$7,880,994 -$1,637,651	$11,888,555
28	$22,477,600	-$8,277,042 -$1,719,536	$12,481,022
29	$23,601,600	-$8,692,922 -$1,805,522	$13,103,156
30	$24,781,600	-$9,129,522 -$1,895,792	$13,756,286