Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Feb 7, 2026 is estimated to be $102 Million, with a cash option of 46.1 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 Feb 7, 2026

Draw Date	Jackpot	Cash Option
Sat Feb 7, 2026	$102,000,000	$46,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$46,100,000
Federal Tax(24%)	$11,064,000
Additional Federal Tax	$5,953,330
State Tax(0%)	$0
Net Lumpsum Payment	$29,082,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,535,202	-$528,355 -$0	$1,006,847
2	$1,612,008	-$556,773 -$0	$1,055,235
3	$1,692,588	-$586,588 -$0	$1,106,000
4	$1,777,248	-$617,912 -$0	$1,159,336
5	$1,866,090	-$650,784 -$0	$1,215,306
6	$1,959,420	-$685,316 -$0	$1,274,104
7	$2,057,340	-$721,546 -$0	$1,335,794
8	$2,160,258	-$759,626 -$0	$1,400,632
9	$2,268,276	-$799,593 -$0	$1,468,683
10	$2,381,700	-$841,559 -$0	$1,540,141
11	$2,500,734	-$885,602 -$0	$1,615,132
12	$2,625,786	-$931,871 -$0	$1,693,915
13	$2,757,060	-$980,443 -$0	$1,776,617
14	$2,894,964	-$1,031,467 -$0	$1,863,497
15	$3,039,702	-$1,085,020 -$0	$1,954,682
16	$3,191,682	-$1,141,253 -$0	$2,050,429
17	$3,351,210	-$1,200,278 -$0	$2,150,932
18	$3,518,796	-$1,262,285 -$0	$2,256,511
19	$3,694,746	-$1,327,386 -$0	$2,367,360
20	$3,879,468	-$1,395,734 -$0	$2,483,734
21	$4,073,472	-$1,467,515 -$0	$2,605,957
22	$4,277,166	-$1,542,882 -$0	$2,734,284
23	$4,490,958	-$1,621,985 -$0	$2,868,973
24	$4,715,562	-$1,705,088 -$0	$3,010,474
25	$4,951,284	-$1,792,305 -$0	$3,158,979
26	$5,198,940	-$1,883,938 -$0	$3,315,002
27	$5,458,836	-$1,980,100 -$0	$3,478,736
28	$5,731,788	-$2,081,092 -$0	$3,650,696
29	$6,018,408	-$2,187,141 -$0	$3,831,267
30	$6,319,308	-$2,298,474 -$0	$4,020,834