Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Dec 20, 2025 is estimated to be $1.50 Billion, with a cash option of 686.5 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 Dec 20, 2025

Draw Date	Jackpot	Cash Option
Sat Dec 20, 2025	$1,500,000,000	$686,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$686,500,000
Federal Tax(24%)	$164,760,000
Additional Federal Tax	$89,205,330
State Tax(0%)	$0
Net Lumpsum Payment	$432,534,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$22,576,500	-$8,313,635 -$0	$14,262,865
2	$23,706,000	-$8,731,550 -$0	$14,974,450
3	$24,891,000	-$9,170,000 -$0	$15,721,000
4	$26,136,000	-$9,630,650 -$0	$16,505,350
5	$27,442,500	-$10,114,055 -$0	$17,328,445
6	$28,815,000	-$10,621,880 -$0	$18,193,120
7	$30,255,000	-$11,154,680 -$0	$19,100,320
8	$31,768,500	-$11,714,675 -$0	$20,053,825
9	$33,357,000	-$12,302,420 -$0	$21,054,580
10	$35,025,000	-$12,919,580 -$0	$22,105,420
11	$36,775,500	-$13,567,265 -$0	$23,208,235
12	$38,614,500	-$14,247,695 -$0	$24,366,805
13	$40,545,000	-$14,961,980 -$0	$25,583,020
14	$42,573,000	-$15,712,340 -$0	$26,860,660
15	$44,701,500	-$16,499,885 -$0	$28,201,615
16	$46,936,500	-$17,326,835 -$0	$29,609,665
17	$49,282,500	-$18,194,855 -$0	$31,087,645
18	$51,747,000	-$19,106,720 -$0	$32,640,280
19	$54,334,500	-$20,064,095 -$0	$34,270,405
20	$57,051,000	-$21,069,200 -$0	$35,981,800
21	$59,904,000	-$22,124,810 -$0	$37,779,190
22	$62,899,500	-$23,233,145 -$0	$39,666,355
23	$66,043,500	-$24,396,425 -$0	$41,647,075
24	$69,346,500	-$25,618,535 -$0	$43,727,965
25	$72,813,000	-$26,901,140 -$0	$45,911,860
26	$76,455,000	-$28,248,680 -$0	$48,206,320
27	$80,277,000	-$29,662,820 -$0	$50,614,180
28	$84,291,000	-$31,148,000 -$0	$53,143,000
29	$88,506,000	-$32,707,550 -$0	$55,798,450
30	$92,931,000	-$34,344,800 -$0	$58,586,200