Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Jun 7, 2025 is estimated to be $44 Million, with a cash option of 19.7 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 Sat Jun 7, 2025

Draw Date	Jackpot	Cash Option
Sat Jun 7, 2025	$44,000,000	$19,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$19,700,000
Federal Tax(24%)	$4,728,000
Additional Federal Tax	$2,521,330
State Tax(7.65%)	$1,507,050
Net Lumpsum Payment	$10,943,620

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$662,244	-$205,361 -$50,662	$406,221
2	$695,376	-$217,620 -$53,196	$424,560
3	$730,136	-$230,481 -$55,855	$443,800
4	$766,656	-$243,993 -$58,649	$464,014
5	$804,980	-$258,173 -$61,581	$485,226
6	$845,240	-$273,069 -$64,661	$507,510
7	$887,480	-$288,698 -$67,892	$530,890
8	$931,876	-$305,125 -$71,289	$555,462
9	$978,472	-$322,365 -$74,853	$581,254
10	$1,027,400	-$340,468 -$78,596	$608,336
11	$1,078,748	-$359,467 -$82,524	$636,757
12	$1,132,692	-$379,426 -$86,651	$666,615
13	$1,189,320	-$400,379 -$90,983	$697,958
14	$1,248,808	-$422,389 -$95,534	$730,885
15	$1,311,244	-$445,491 -$100,310	$765,443
16	$1,376,804	-$469,748 -$105,326	$801,730
17	$1,445,620	-$495,210 -$110,590	$839,820
18	$1,517,912	-$521,958 -$116,120	$879,834
19	$1,593,812	-$550,041 -$121,927	$921,844
20	$1,673,496	-$579,524 -$128,022	$965,950
21	$1,757,184	-$610,488 -$134,425	$1,012,271
22	$1,845,052	-$643,000 -$141,146	$1,060,906
23	$1,937,276	-$677,123 -$148,202	$1,111,951
24	$2,034,164	-$712,971 -$155,614	$1,165,579
25	$2,135,848	-$750,594 -$163,392	$1,221,862
26	$2,242,680	-$790,122 -$171,565	$1,280,993
27	$2,354,792	-$831,603 -$180,142	$1,343,047
28	$2,472,536	-$875,169 -$189,149	$1,408,218
29	$2,596,176	-$920,916 -$198,607	$1,476,653
30	$2,725,976	-$968,942 -$208,537	$1,548,497