Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed May 13, 2026 is estimated to be $69 Million, with a cash option of 31.2 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. 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 May 13, 2026

Draw Date	Jackpot	Cash Option
Wed May 13, 2026	$69,000,000	$31,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$31,200,000
Federal Tax(24%)	$7,488,000
Additional Federal Tax	$4,016,330
State Tax(0%)	$0
Net Lumpsum Payment	$19,695,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,038,519	-$344,582 -$0	$693,937
2	$1,090,476	-$363,807 -$0	$726,669
3	$1,144,986	-$383,975 -$0	$761,011
4	$1,202,256	-$405,165 -$0	$797,091
5	$1,262,355	-$427,402 -$0	$834,953
6	$1,325,490	-$450,762 -$0	$874,728
7	$1,391,730	-$475,270 -$0	$916,460
8	$1,461,351	-$501,030 -$0	$960,321
9	$1,534,422	-$528,067 -$0	$1,006,355
10	$1,611,150	-$556,456 -$0	$1,054,694
11	$1,691,673	-$586,249 -$0	$1,105,424
12	$1,776,267	-$617,549 -$0	$1,158,718
13	$1,865,070	-$650,406 -$0	$1,214,664
14	$1,958,358	-$684,923 -$0	$1,273,435
15	$2,056,269	-$721,150 -$0	$1,335,119
16	$2,159,079	-$759,190 -$0	$1,399,889
17	$2,266,995	-$799,119 -$0	$1,467,876
18	$2,380,362	-$841,064 -$0	$1,539,298
19	$2,499,387	-$885,104 -$0	$1,614,283
20	$2,624,346	-$931,338 -$0	$1,693,008
21	$2,755,584	-$979,896 -$0	$1,775,688
22	$2,893,377	-$1,030,880 -$0	$1,862,497
23	$3,038,001	-$1,084,391 -$0	$1,953,610
24	$3,189,939	-$1,140,608 -$0	$2,049,331
25	$3,349,398	-$1,199,608 -$0	$2,149,790
26	$3,516,930	-$1,261,594 -$0	$2,255,336
27	$3,692,742	-$1,326,645 -$0	$2,366,097
28	$3,877,386	-$1,394,963 -$0	$2,482,423
29	$4,071,276	-$1,466,703 -$0	$2,604,573
30	$4,274,826	-$1,542,016 -$0	$2,732,810