Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Feb 16, 2026 is estimated to be $154 Million, with a cash option of 72.2 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 Feb 16, 2026

Draw Date	Jackpot	Cash Option
Mon Feb 16, 2026	$154,000,000	$72,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$72,200,000
Federal Tax(24%)	$17,328,000
Additional Federal Tax	$9,346,330
State Tax(7.65%)	$5,523,300
Net Lumpsum Payment	$40,002,370

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,317,854	-$817,936 -$177,316	$1,322,602
2	$2,433,816	-$860,842 -$186,187	$1,386,787
3	$2,555,476	-$905,857 -$195,494	$1,454,125
4	$2,683,296	-$953,150 -$205,272	$1,524,874
5	$2,817,430	-$1,002,779 -$215,533	$1,599,118
6	$2,958,340	-$1,054,916 -$226,313	$1,677,111
7	$3,106,180	-$1,109,617 -$237,623	$1,758,940
8	$3,261,566	-$1,167,110 -$249,510	$1,844,946
9	$3,424,652	-$1,227,452 -$261,986	$1,935,214
10	$3,595,900	-$1,290,813 -$275,086	$2,030,001
11	$3,775,618	-$1,357,309 -$288,835	$2,129,474
12	$3,964,422	-$1,427,167 -$303,278	$2,233,977
13	$4,162,620	-$1,500,500 -$318,440	$2,343,680
14	$4,370,828	-$1,577,537 -$334,368	$2,458,923
15	$4,589,354	-$1,658,391 -$351,086	$2,579,877
16	$4,818,814	-$1,743,292 -$368,639	$2,706,883
17	$5,059,670	-$1,832,408 -$387,065	$2,840,197
18	$5,312,692	-$1,926,026 -$406,421	$2,980,245
19	$5,578,342	-$2,024,317 -$426,743	$3,127,282
20	$5,857,236	-$2,127,508 -$448,079	$3,281,649
21	$6,150,144	-$2,235,884 -$470,486	$3,443,774
22	$6,457,682	-$2,349,673 -$494,013	$3,613,996
23	$6,780,466	-$2,469,103 -$518,706	$3,792,657
24	$7,119,574	-$2,594,573 -$544,647	$3,980,354
25	$7,475,468	-$2,726,254 -$571,873	$4,177,341
26	$7,849,380	-$2,864,601 -$600,478	$4,384,301
27	$8,241,772	-$3,009,786 -$630,496	$4,601,490
28	$8,653,876	-$3,162,265 -$662,022	$4,829,589
29	$9,086,616	-$3,322,378 -$695,126	$5,069,112
30	$9,540,916	-$3,490,469 -$729,880	$5,320,567