Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jan 26, 2026 is estimated to be $30 Million, with a cash option of 13.6 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 Jan 26, 2026

Draw Date	Jackpot	Cash Option
Mon Jan 26, 2026	$30,000,000	$13,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$13,600,000
Federal Tax(24%)	$3,264,000
Additional Federal Tax	$1,728,330
State Tax(7.65%)	$1,040,400
Net Lumpsum Payment	$7,567,270

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$451,530	-$127,396 -$34,542	$289,592
2	$474,120	-$135,755 -$36,270	$302,095
3	$497,820	-$144,524 -$38,083	$315,213
4	$522,720	-$153,737 -$39,988	$328,995
5	$548,850	-$163,405 -$41,987	$343,458
6	$576,300	-$173,561 -$44,087	$358,652
7	$605,100	-$184,217 -$46,290	$374,593
8	$635,370	-$195,417 -$48,606	$391,347
9	$667,140	-$207,172 -$51,036	$408,932
10	$700,500	-$219,515 -$53,588	$427,397
11	$735,510	-$232,469 -$56,267	$446,774
12	$772,290	-$246,078 -$59,080	$467,132
13	$810,900	-$260,363 -$62,034	$488,503
14	$851,460	-$275,371 -$65,137	$510,952
15	$894,030	-$291,121 -$68,393	$534,516
16	$938,730	-$307,660 -$71,813	$559,257
17	$985,650	-$325,021 -$75,402	$585,227
18	$1,034,940	-$343,258 -$79,173	$612,509
19	$1,086,690	-$362,406 -$83,132	$641,152
20	$1,141,020	-$382,508 -$87,288	$671,224
21	$1,198,080	-$403,620 -$91,653	$702,807
22	$1,257,990	-$425,787 -$96,236	$735,967
23	$1,320,870	-$449,052 -$101,047	$770,771
24	$1,386,930	-$473,494 -$106,100	$807,336
25	$1,456,260	-$499,147 -$111,404	$845,709
26	$1,529,100	-$526,097 -$116,976	$886,027
27	$1,605,540	-$554,380 -$122,824	$928,336
28	$1,685,820	-$584,084 -$128,965	$972,771
29	$1,770,120	-$615,275 -$135,414	$1,019,431
30	$1,858,620	-$648,020 -$142,184	$1,068,416