Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Sep 30, 2026 is estimated to be $409 Million, with a cash option of 170.2 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 Wed Sep 30, 2026

Draw Date	Jackpot	Cash Option
Wed Sep 30, 2026	$409,000,000	$170,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$170,200,000
Federal Tax(24%)	$40,848,000
Additional Federal Tax	$22,086,330
State Tax(0%)	$0
Net Lumpsum Payment	$107,265,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,155,859	-$2,237,998 -$0	$3,917,861
2	$6,463,836	-$2,351,950 -$0	$4,111,886
3	$6,786,946	-$2,471,500 -$0	$4,315,446
4	$7,126,416	-$2,597,104 -$0	$4,529,312
5	$7,482,655	-$2,728,913 -$0	$4,753,742
6	$7,856,890	-$2,867,380 -$0	$4,989,510
7	$8,249,530	-$3,012,656 -$0	$5,236,874
8	$8,662,211	-$3,165,348 -$0	$5,496,863
9	$9,095,342	-$3,325,607 -$0	$5,769,735
10	$9,550,150	-$3,493,886 -$0	$6,056,264
11	$10,027,453	-$3,670,488 -$0	$6,356,965
12	$10,528,887	-$3,856,019 -$0	$6,672,868
13	$11,055,270	-$4,050,780 -$0	$7,004,490
14	$11,608,238	-$4,255,378 -$0	$7,352,860
15	$12,188,609	-$4,470,116 -$0	$7,718,493
16	$12,798,019	-$4,695,597 -$0	$8,102,422
17	$13,437,695	-$4,932,278 -$0	$8,505,417
18	$14,109,682	-$5,180,913 -$0	$8,928,769
19	$14,815,207	-$5,441,957 -$0	$9,373,250
20	$15,555,906	-$5,716,016 -$0	$9,839,890
21	$16,333,824	-$6,003,845 -$0	$10,329,979
22	$17,150,597	-$6,306,051 -$0	$10,844,546
23	$18,007,861	-$6,623,239 -$0	$11,384,622
24	$18,908,479	-$6,956,468 -$0	$11,952,011
25	$19,853,678	-$7,306,191 -$0	$12,547,487
26	$20,846,730	-$7,673,620 -$0	$13,173,110
27	$21,888,862	-$8,059,209 -$0	$13,829,653
28	$22,983,346	-$8,464,168 -$0	$14,519,178
29	$24,132,636	-$8,889,406 -$0	$15,243,230
30	$25,339,186	-$9,335,829 -$0	$16,003,357