Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon May 11, 2026 is estimated to be $57 Million, with a cash option of 25.7 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 Mon May 11, 2026

Draw Date	Jackpot	Cash Option
Mon May 11, 2026	$57,000,000	$25,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$25,700,000
Federal Tax(24%)	$6,168,000
Additional Federal Tax	$3,301,330
State Tax(7.65%)	$1,966,050
Net Lumpsum Payment	$14,264,620

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$857,907	-$277,756 -$65,630	$514,521
2	$900,828	-$293,637 -$68,913	$538,278
3	$945,858	-$310,298 -$72,358	$563,202
4	$993,168	-$327,803 -$75,977	$589,388
5	$1,042,815	-$346,172 -$79,775	$616,868
6	$1,094,970	-$365,469 -$83,765	$645,736
7	$1,149,690	-$385,716 -$87,951	$676,023
8	$1,207,203	-$406,995 -$92,351	$707,857
9	$1,267,566	-$429,330 -$96,969	$741,267
10	$1,330,950	-$452,782 -$101,818	$776,350
11	$1,397,469	-$477,394 -$106,906	$813,169
12	$1,467,351	-$503,250 -$112,252	$851,849
13	$1,540,710	-$530,393 -$117,864	$892,453
14	$1,617,774	-$558,907 -$123,760	$935,107
15	$1,698,657	-$588,833 -$129,947	$979,877
16	$1,783,587	-$620,258 -$136,444	$1,026,885
17	$1,872,735	-$653,242 -$143,264	$1,076,229
18	$1,966,386	-$687,893 -$150,429	$1,128,064
19	$2,064,711	-$724,273 -$157,950	$1,182,488
20	$2,167,938	-$762,467 -$165,847	$1,239,624
21	$2,276,352	-$802,581 -$174,141	$1,299,630
22	$2,390,181	-$844,697 -$182,849	$1,362,635
23	$2,509,653	-$888,902 -$191,988	$1,428,763
24	$2,635,167	-$935,342 -$201,590	$1,498,235
25	$2,766,894	-$984,081 -$211,667	$1,571,146
26	$2,905,290	-$1,035,288 -$222,255	$1,647,747
27	$3,050,526	-$1,089,025 -$233,365	$1,728,136
28	$3,203,058	-$1,145,462 -$245,034	$1,812,562
29	$3,363,228	-$1,204,725 -$257,287	$1,901,216
30	$3,531,378	-$1,266,940 -$270,150	$1,994,288