Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 1, 2025 is estimated to be $1.10 Billion, with a cash option of 498.4 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 Sep 1, 2025

Draw Date	Jackpot	Cash Option
Mon Sep 1, 2025	$1,100,000,000	$498,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$498,400,000
Federal Tax(24%)	$119,616,000
Additional Federal Tax	$64,752,330
State Tax(7.65%)	$38,127,600
Net Lumpsum Payment	$275,904,070

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$16,556,100	-$6,086,087 -$1,266,542	$9,203,471
2	$17,384,400	-$6,392,558 -$1,329,907	$9,661,935
3	$18,253,400	-$6,714,088 -$1,396,385	$10,142,927
4	$19,166,400	-$7,051,898 -$1,466,230	$10,648,272
5	$20,124,500	-$7,406,395 -$1,539,524	$11,178,581
6	$21,131,000	-$7,778,800 -$1,616,522	$11,735,678
7	$22,187,000	-$8,169,520 -$1,697,306	$12,320,174
8	$23,296,900	-$8,580,183 -$1,782,213	$12,934,504
9	$24,461,800	-$9,011,196 -$1,871,328	$13,579,276
10	$25,685,000	-$9,463,780 -$1,964,903	$14,256,317
11	$26,968,700	-$9,938,749 -$2,063,106	$14,966,845
12	$28,317,300	-$10,437,731 -$2,166,273	$15,713,296
13	$29,733,000	-$10,961,540 -$2,274,575	$16,496,885
14	$31,220,200	-$11,511,804 -$2,388,345	$17,320,051
15	$32,781,100	-$12,089,337 -$2,507,754	$18,184,009
16	$34,420,100	-$12,695,767 -$2,633,138	$19,091,195
17	$36,140,500	-$13,332,315 -$2,764,748	$20,043,437
18	$37,947,800	-$14,001,016 -$2,903,007	$21,043,777
19	$39,845,300	-$14,703,091 -$3,048,165	$22,094,044
20	$41,837,400	-$15,440,168 -$3,200,561	$23,196,671
21	$43,929,600	-$16,214,282 -$3,360,614	$24,354,704
22	$46,126,300	-$17,027,061 -$3,528,662	$25,570,577
23	$48,431,900	-$17,880,133 -$3,705,040	$26,846,727
24	$50,854,100	-$18,776,347 -$3,890,339	$28,187,414
25	$53,396,200	-$19,716,924 -$4,084,809	$29,594,467
26	$56,067,000	-$20,705,120 -$4,289,126	$31,072,754
27	$58,869,800	-$21,742,156 -$4,503,540	$32,624,104
28	$61,813,400	-$22,831,288 -$4,728,725	$34,253,387
29	$64,904,400	-$23,974,958 -$4,965,187	$35,964,255
30	$68,149,400	-$25,175,608 -$5,213,429	$37,760,363