Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Nov 10, 2025 is estimated to be $490 Million, with a cash option of 228.9 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 Mon Nov 10, 2025

Draw Date	Jackpot	Cash Option
Mon Nov 10, 2025	$490,000,000	$228,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$228,900,000
Federal Tax(24%)	$54,936,000
Additional Federal Tax	$29,717,330
State Tax(0%)	$0
Net Lumpsum Payment	$144,246,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$7,374,990	-$2,689,077 -$0	$4,685,913
2	$7,743,960	-$2,825,596 -$0	$4,918,364
3	$8,131,060	-$2,968,823 -$0	$5,162,237
4	$8,537,760	-$3,119,302 -$0	$5,418,458
5	$8,964,550	-$3,277,214 -$0	$5,687,336
6	$9,412,900	-$3,443,103 -$0	$5,969,797
7	$9,883,300	-$3,617,151 -$0	$6,266,149
8	$10,377,710	-$3,800,083 -$0	$6,577,627
9	$10,896,620	-$3,992,080 -$0	$6,904,540
10	$11,441,500	-$4,193,685 -$0	$7,247,815
11	$12,013,330	-$4,405,262 -$0	$7,608,068
12	$12,614,070	-$4,627,536 -$0	$7,986,534
13	$13,244,700	-$4,860,869 -$0	$8,383,831
14	$13,907,180	-$5,105,987 -$0	$8,801,193
15	$14,602,490	-$5,363,252 -$0	$9,239,238
16	$15,332,590	-$5,633,389 -$0	$9,699,201
17	$16,098,950	-$5,916,942 -$0	$10,182,008
18	$16,904,020	-$6,214,818 -$0	$10,689,202
19	$17,749,270	-$6,527,560 -$0	$11,221,710
20	$18,636,660	-$6,855,895 -$0	$11,780,765
21	$19,568,640	-$7,200,727 -$0	$12,367,913
22	$20,547,170	-$7,562,783 -$0	$12,984,387
23	$21,574,210	-$7,942,788 -$0	$13,631,422
24	$22,653,190	-$8,342,011 -$0	$14,311,179
25	$23,785,580	-$8,760,995 -$0	$15,024,585
26	$24,975,300	-$9,201,191 -$0	$15,774,109
27	$26,223,820	-$9,663,144 -$0	$16,560,676
28	$27,535,060	-$10,148,303 -$0	$17,386,757
29	$28,911,960	-$10,657,756 -$0	$18,254,204
30	$30,357,460	-$11,192,591 -$0	$19,164,869