Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 14, 2026 is estimated to be $251 Million, with a cash option of 106.6 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 Sep 14, 2026

Draw Date	Jackpot	Cash Option
Mon Sep 14, 2026	$251,000,000	$106,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$106,600,000
Federal Tax(24%)	$25,584,000
Additional Federal Tax	$13,818,330
State Tax(0%)	$0
Net Lumpsum Payment	$67,197,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,777,801	-$1,358,117 -$0	$2,419,684
2	$3,966,804	-$1,428,048 -$0	$2,538,756
3	$4,165,094	-$1,501,415 -$0	$2,663,679
4	$4,373,424	-$1,578,497 -$0	$2,794,927
5	$4,592,045	-$1,659,387 -$0	$2,932,658
6	$4,821,710	-$1,744,363 -$0	$3,077,347
7	$5,062,670	-$1,833,518 -$0	$3,229,152
8	$5,315,929	-$1,927,224 -$0	$3,388,705
9	$5,581,738	-$2,025,573 -$0	$3,556,165
10	$5,860,850	-$2,128,845 -$0	$3,732,005
11	$6,153,767	-$2,237,224 -$0	$3,916,543
12	$6,461,493	-$2,351,083 -$0	$4,110,410
13	$6,784,530	-$2,470,606 -$0	$4,313,924
14	$7,123,882	-$2,596,167 -$0	$4,527,715
15	$7,480,051	-$2,727,949 -$0	$4,752,102
16	$7,854,041	-$2,866,326 -$0	$4,987,715
17	$8,246,605	-$3,011,574 -$0	$5,235,031
18	$8,658,998	-$3,164,160 -$0	$5,494,838
19	$9,091,973	-$3,324,360 -$0	$5,767,613
20	$9,546,534	-$3,492,548 -$0	$6,053,986
21	$10,023,936	-$3,669,187 -$0	$6,354,749
22	$10,525,183	-$3,854,648 -$0	$6,670,535
23	$11,051,279	-$4,049,304 -$0	$7,001,975
24	$11,603,981	-$4,253,803 -$0	$7,350,178
25	$12,184,042	-$4,468,426 -$0	$7,715,616
26	$12,793,470	-$4,693,914 -$0	$8,099,556
27	$13,433,018	-$4,930,547 -$0	$8,502,471
28	$14,104,694	-$5,179,067 -$0	$8,925,627
29	$14,810,004	-$5,440,032 -$0	$9,369,972
30	$15,550,454	-$5,713,998 -$0	$9,836,456