Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jan 5, 2026 is estimated to be $86 Million, with a cash option of 38.8 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 5, 2026

Draw Date	Jackpot	Cash Option
Mon Jan 5, 2026	$86,000,000	$38,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$38,800,000
Federal Tax(24%)	$9,312,000
Additional Federal Tax	$5,004,330
State Tax(7.65%)	$2,968,200
Net Lumpsum Payment	$21,515,470

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,294,386	-$439,253 -$99,021	$756,112
2	$1,359,144	-$463,214 -$103,975	$791,955
3	$1,427,084	-$488,351 -$109,172	$829,561
4	$1,498,464	-$514,762 -$114,632	$869,070
5	$1,573,370	-$542,477 -$120,363	$910,530
6	$1,652,060	-$571,593 -$126,383	$954,084
7	$1,734,620	-$602,140 -$132,698	$999,782
8	$1,821,394	-$634,246 -$139,337	$1,047,811
9	$1,912,468	-$667,944 -$146,304	$1,098,220
10	$2,008,100	-$703,327 -$153,620	$1,151,153
11	$2,108,462	-$740,461 -$161,297	$1,206,704
12	$2,213,898	-$779,473 -$169,363	$1,265,062
13	$2,324,580	-$820,425 -$177,830	$1,326,325
14	$2,440,852	-$863,446 -$186,725	$1,390,681
15	$2,562,886	-$908,598 -$196,061	$1,458,227
16	$2,691,026	-$956,010 -$205,863	$1,529,153
17	$2,825,530	-$1,005,776 -$216,153	$1,603,601
18	$2,966,828	-$1,058,057 -$226,962	$1,681,809
19	$3,115,178	-$1,112,946 -$238,311	$1,763,921
20	$3,270,924	-$1,170,572 -$250,226	$1,850,126
21	$3,434,496	-$1,231,094 -$262,739	$1,940,663
22	$3,606,238	-$1,294,638 -$275,877	$2,035,723
23	$3,786,494	-$1,361,333 -$289,667	$2,135,494
24	$3,975,866	-$1,431,401 -$304,154	$2,240,311
25	$4,174,612	-$1,504,937 -$319,358	$2,350,317
26	$4,383,420	-$1,582,196 -$335,332	$2,465,892
27	$4,602,548	-$1,663,273 -$352,095	$2,587,180
28	$4,832,684	-$1,748,423 -$369,700	$2,714,561
29	$5,074,344	-$1,837,838 -$388,187	$2,848,319
30	$5,328,044	-$1,931,707 -$407,595	$2,988,742