Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Jun 6, 2026 is estimated to be $212 Million, with a cash option of 94.7 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 Jun 6, 2026

Draw Date	Jackpot	Cash Option
Sat Jun 6, 2026	$212,000,000	$94,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$94,700,000
Federal Tax(24%)	$22,728,000
Additional Federal Tax	$12,271,330
State Tax(0%)	$0
Net Lumpsum Payment	$59,700,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,190,812	-$1,140,931 -$0	$2,049,881
2	$3,350,448	-$1,199,996 -$0	$2,150,452
3	$3,517,928	-$1,261,964 -$0	$2,255,964
4	$3,693,888	-$1,327,069 -$0	$2,366,819
5	$3,878,540	-$1,395,390 -$0	$2,483,150
6	$4,072,520	-$1,467,163 -$0	$2,605,357
7	$4,276,040	-$1,542,465 -$0	$2,733,575
8	$4,489,948	-$1,621,611 -$0	$2,868,337
9	$4,714,456	-$1,704,679 -$0	$3,009,777
10	$4,950,200	-$1,791,904 -$0	$3,158,296
11	$5,197,604	-$1,883,444 -$0	$3,314,160
12	$5,457,516	-$1,979,611 -$0	$3,477,905
13	$5,730,360	-$2,080,564 -$0	$3,649,796
14	$6,016,984	-$2,186,614 -$0	$3,830,370
15	$6,317,812	-$2,297,921 -$0	$4,019,891
16	$6,633,692	-$2,414,796 -$0	$4,218,896
17	$6,965,260	-$2,537,477 -$0	$4,427,783
18	$7,313,576	-$2,666,354 -$0	$4,647,222
19	$7,679,276	-$2,801,663 -$0	$4,877,613
20	$8,063,208	-$2,943,717 -$0	$5,119,491
21	$8,466,432	-$3,092,910 -$0	$5,373,522
22	$8,889,796	-$3,249,555 -$0	$5,640,241
23	$9,334,148	-$3,413,965 -$0	$5,920,183
24	$9,800,972	-$3,586,690 -$0	$6,214,282
25	$10,290,904	-$3,767,965 -$0	$6,522,939
26	$10,805,640	-$3,958,417 -$0	$6,847,223
27	$11,345,816	-$4,158,282 -$0	$7,187,534
28	$11,913,128	-$4,368,188 -$0	$7,544,940
29	$12,508,848	-$4,588,604 -$0	$7,920,244
30	$13,134,248	-$4,820,002 -$0	$8,314,246