Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Jan 17, 2026 is estimated to be $179 Million, with a cash option of 80.8 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 Jan 17, 2026

Draw Date	Jackpot	Cash Option
Sat Jan 17, 2026	$179,000,000	$80,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$80,800,000
Federal Tax(24%)	$19,392,000
Additional Federal Tax	$10,464,330
State Tax(0%)	$0
Net Lumpsum Payment	$50,943,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,694,129	-$957,158 -$0	$1,736,971
2	$2,828,916	-$1,007,029 -$0	$1,821,887
3	$2,970,326	-$1,059,351 -$0	$1,910,975
4	$3,118,896	-$1,114,322 -$0	$2,004,574
5	$3,274,805	-$1,172,008 -$0	$2,102,797
6	$3,438,590	-$1,232,609 -$0	$2,205,981
7	$3,610,430	-$1,296,189 -$0	$2,314,241
8	$3,791,041	-$1,363,016 -$0	$2,428,025
9	$3,980,602	-$1,433,153 -$0	$2,547,449
10	$4,179,650	-$1,506,801 -$0	$2,672,849
11	$4,388,543	-$1,584,091 -$0	$2,804,452
12	$4,607,997	-$1,665,289 -$0	$2,942,708
13	$4,838,370	-$1,750,527 -$0	$3,087,843
14	$5,080,378	-$1,840,070 -$0	$3,240,308
15	$5,334,379	-$1,934,051 -$0	$3,400,328
16	$5,601,089	-$2,032,733 -$0	$3,568,356
17	$5,881,045	-$2,136,317 -$0	$3,744,728
18	$6,175,142	-$2,245,133 -$0	$3,930,009
19	$6,483,917	-$2,359,380 -$0	$4,124,537
20	$6,808,086	-$2,479,322 -$0	$4,328,764
21	$7,148,544	-$2,605,292 -$0	$4,543,252
22	$7,506,007	-$2,737,553 -$0	$4,768,454
23	$7,881,191	-$2,876,371 -$0	$5,004,820
24	$8,275,349	-$3,022,210 -$0	$5,253,139
25	$8,689,018	-$3,175,267 -$0	$5,513,751
26	$9,123,630	-$3,336,073 -$0	$5,787,557
27	$9,579,722	-$3,504,828 -$0	$6,074,894
28	$10,058,726	-$3,682,059 -$0	$6,376,667
29	$10,561,716	-$3,868,165 -$0	$6,693,551
30	$11,089,766	-$4,063,544 -$0	$7,026,222