Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Jun 3, 2026 is estimated to be $194 Million, with a cash option of 86.7 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. The good news is that if you're a resident of Wyoming, you won't owe any state tax on 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.

Wyoming Powerball Jackpot/Cash Option for Wed Jun 3, 2026

Draw Date	Jackpot	Cash Option
Wed Jun 3, 2026	$194,000,000	$86,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$86,700,000
Federal Tax(24%)	$20,808,000
Additional Federal Tax	$11,231,330
State Tax(0%)	$0
Net Lumpsum Payment	$54,660,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,919,894	-$1,040,691 -$0	$1,879,203
2	$3,065,976	-$1,094,742 -$0	$1,971,234
3	$3,219,236	-$1,151,448 -$0	$2,067,788
4	$3,380,256	-$1,211,025 -$0	$2,169,231
5	$3,549,230	-$1,273,545 -$0	$2,275,685
6	$3,726,740	-$1,339,224 -$0	$2,387,516
7	$3,912,980	-$1,408,133 -$0	$2,504,847
8	$4,108,726	-$1,480,559 -$0	$2,628,167
9	$4,314,172	-$1,556,574 -$0	$2,757,598
10	$4,529,900	-$1,636,393 -$0	$2,893,507
11	$4,756,298	-$1,720,161 -$0	$3,036,137
12	$4,994,142	-$1,808,163 -$0	$3,185,979
13	$5,243,820	-$1,900,544 -$0	$3,343,276
14	$5,506,108	-$1,997,590 -$0	$3,508,518
15	$5,781,394	-$2,099,446 -$0	$3,681,948
16	$6,070,454	-$2,206,398 -$0	$3,864,056
17	$6,373,870	-$2,318,662 -$0	$4,055,208
18	$6,692,612	-$2,436,597 -$0	$4,256,015
19	$7,027,262	-$2,560,417 -$0	$4,466,845
20	$7,378,596	-$2,690,411 -$0	$4,688,185
21	$7,747,584	-$2,826,936 -$0	$4,920,648
22	$8,135,002	-$2,970,281 -$0	$5,164,721
23	$8,541,626	-$3,120,732 -$0	$5,420,894
24	$8,968,814	-$3,278,792 -$0	$5,690,022
25	$9,417,148	-$3,444,675 -$0	$5,972,473
26	$9,888,180	-$3,618,957 -$0	$6,269,223
27	$10,382,492	-$3,801,852 -$0	$6,580,640
28	$10,901,636	-$3,993,936 -$0	$6,907,700
29	$11,446,776	-$4,195,638 -$0	$7,251,138
30	$12,019,076	-$4,407,389 -$0	$7,611,687