Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Apr 4, 2026 is estimated to be $217 Million, with a cash option of 97.4 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 Sat Apr 4, 2026

Draw Date	Jackpot	Cash Option
Sat Apr 4, 2026	$217,000,000	$97,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$97,400,000
Federal Tax(24%)	$23,376,000
Additional Federal Tax	$12,622,330
State Tax(0%)	$0
Net Lumpsum Payment	$61,401,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,266,067	-$1,168,775 -$0	$2,097,292
2	$3,429,468	-$1,229,234 -$0	$2,200,234
3	$3,600,898	-$1,292,663 -$0	$2,308,235
4	$3,781,008	-$1,359,303 -$0	$2,421,705
5	$3,970,015	-$1,429,236 -$0	$2,540,779
6	$4,168,570	-$1,502,701 -$0	$2,665,869
7	$4,376,890	-$1,579,780 -$0	$2,797,110
8	$4,595,843	-$1,660,792 -$0	$2,935,051
9	$4,825,646	-$1,745,819 -$0	$3,079,827
10	$5,066,950	-$1,835,102 -$0	$3,231,848
11	$5,320,189	-$1,928,800 -$0	$3,391,389
12	$5,586,231	-$2,027,236 -$0	$3,558,995
13	$5,865,510	-$2,130,569 -$0	$3,734,941
14	$6,158,894	-$2,239,121 -$0	$3,919,773
15	$6,466,817	-$2,353,053 -$0	$4,113,764
16	$6,790,147	-$2,472,685 -$0	$4,317,462
17	$7,129,535	-$2,598,258 -$0	$4,531,277
18	$7,486,066	-$2,730,175 -$0	$4,755,891
19	$7,860,391	-$2,868,675 -$0	$4,991,716
20	$8,253,378	-$3,014,080 -$0	$5,239,298
21	$8,666,112	-$3,166,792 -$0	$5,499,320
22	$9,099,461	-$3,327,131 -$0	$5,772,330
23	$9,554,293	-$3,495,419 -$0	$6,058,874
24	$10,032,127	-$3,672,217 -$0	$6,359,910
25	$10,533,614	-$3,857,768 -$0	$6,675,846
26	$11,060,490	-$4,052,712 -$0	$7,007,778
27	$11,613,406	-$4,257,291 -$0	$7,356,115
28	$12,194,098	-$4,472,147 -$0	$7,721,951
29	$12,803,868	-$4,697,762 -$0	$8,106,106
30	$13,444,018	-$4,934,617 -$0	$8,509,401