Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Sep 23, 2026 is estimated to be $332 Million, with a cash option of 141.7 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 Sep 23, 2026

Draw Date	Jackpot	Cash Option
Wed Sep 23, 2026	$332,000,000	$141,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$141,700,000
Federal Tax(24%)	$34,008,000
Additional Federal Tax	$18,381,330
State Tax(0%)	$0
Net Lumpsum Payment	$89,310,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,996,932	-$1,809,195 -$0	$3,187,737
2	$5,246,928	-$1,901,694 -$0	$3,345,234
3	$5,509,208	-$1,998,737 -$0	$3,510,471
4	$5,784,768	-$2,100,695 -$0	$3,684,073
5	$6,073,940	-$2,207,688 -$0	$3,866,252
6	$6,377,720	-$2,320,087 -$0	$4,057,633
7	$6,696,440	-$2,438,013 -$0	$4,258,427
8	$7,031,428	-$2,561,959 -$0	$4,469,469
9	$7,383,016	-$2,692,046 -$0	$4,690,970
10	$7,752,200	-$2,828,644 -$0	$4,923,556
11	$8,139,644	-$2,971,999 -$0	$5,167,645
12	$8,546,676	-$3,122,601 -$0	$5,424,075
13	$8,973,960	-$3,280,696 -$0	$5,693,264
14	$9,422,824	-$3,446,775 -$0	$5,976,049
15	$9,893,932	-$3,621,085 -$0	$6,272,847
16	$10,388,612	-$3,804,117 -$0	$6,584,495
17	$10,907,860	-$3,996,239 -$0	$6,911,621
18	$11,453,336	-$4,198,065 -$0	$7,255,271
19	$12,026,036	-$4,409,964 -$0	$7,616,072
20	$12,627,288	-$4,632,427 -$0	$7,994,861
21	$13,258,752	-$4,866,069 -$0	$8,392,683
22	$13,921,756	-$5,111,380 -$0	$8,810,376
23	$14,617,628	-$5,368,853 -$0	$9,248,775
24	$15,348,692	-$5,639,346 -$0	$9,709,346
25	$16,115,944	-$5,923,230 -$0	$10,192,714
26	$16,922,040	-$6,221,485 -$0	$10,700,555
27	$17,767,976	-$6,534,482 -$0	$11,233,494
28	$18,656,408	-$6,863,201 -$0	$11,793,207
29	$19,589,328	-$7,208,382 -$0	$12,380,946
30	$20,568,728	-$7,570,760 -$0	$12,997,968