Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Apr 6, 2026 is estimated to be $231 Million, with a cash option of 105 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 Apr 6, 2026

Draw Date	Jackpot	Cash Option
Mon Apr 6, 2026	$231,000,000	$105,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$105,000,000
Federal Tax(24%)	$25,200,000
Additional Federal Tax	$13,610,330
State Tax(0%)	$0
Net Lumpsum Payment	$66,189,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,476,781	-$1,246,739 -$0	$2,230,042
2	$3,650,724	-$1,311,098 -$0	$2,339,626
3	$3,833,214	-$1,378,620 -$0	$2,454,594
4	$4,024,944	-$1,449,560 -$0	$2,575,384
5	$4,226,145	-$1,524,004 -$0	$2,702,141
6	$4,437,510	-$1,602,209 -$0	$2,835,301
7	$4,659,270	-$1,684,260 -$0	$2,975,010
8	$4,892,349	-$1,770,500 -$0	$3,121,849
9	$5,136,978	-$1,861,012 -$0	$3,275,966
10	$5,393,850	-$1,956,055 -$0	$3,437,795
11	$5,663,427	-$2,055,798 -$0	$3,607,629
12	$5,946,633	-$2,160,585 -$0	$3,786,048
13	$6,243,930	-$2,270,584 -$0	$3,973,346
14	$6,556,242	-$2,386,140 -$0	$4,170,102
15	$6,884,031	-$2,507,422 -$0	$4,376,609
16	$7,228,221	-$2,634,772 -$0	$4,593,449
17	$7,589,505	-$2,768,447 -$0	$4,821,058
18	$7,969,038	-$2,908,874 -$0	$5,060,164
19	$8,367,513	-$3,056,310 -$0	$5,311,203
20	$8,785,854	-$3,211,096 -$0	$5,574,758
21	$9,225,216	-$3,373,660 -$0	$5,851,556
22	$9,686,523	-$3,544,344 -$0	$6,142,179
23	$10,170,699	-$3,723,489 -$0	$6,447,210
24	$10,679,361	-$3,911,694 -$0	$6,767,667
25	$11,213,202	-$4,109,215 -$0	$7,103,987
26	$11,774,070	-$4,316,736 -$0	$7,457,334
27	$12,362,658	-$4,534,514 -$0	$7,828,144
28	$12,980,814	-$4,763,232 -$0	$8,217,582
29	$13,629,924	-$5,003,402 -$0	$8,626,522
30	$14,311,374	-$5,255,539 -$0	$9,055,835