Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jan 5, 2026 is estimated to be $86 Million, with a cash option of 38.8 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 Jan 5, 2026

Draw Date	Jackpot	Cash Option
Mon Jan 5, 2026	$86,000,000	$38,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$38,800,000
Federal Tax(24%)	$9,312,000
Additional Federal Tax	$5,004,330
State Tax(0%)	$0
Net Lumpsum Payment	$24,483,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,294,386	-$439,253 -$0	$855,133
2	$1,359,144	-$463,214 -$0	$895,930
3	$1,427,084	-$488,351 -$0	$938,733
4	$1,498,464	-$514,762 -$0	$983,702
5	$1,573,370	-$542,477 -$0	$1,030,893
6	$1,652,060	-$571,593 -$0	$1,080,467
7	$1,734,620	-$602,140 -$0	$1,132,480
8	$1,821,394	-$634,246 -$0	$1,187,148
9	$1,912,468	-$667,944 -$0	$1,244,524
10	$2,008,100	-$703,327 -$0	$1,304,773
11	$2,108,462	-$740,461 -$0	$1,368,001
12	$2,213,898	-$779,473 -$0	$1,434,425
13	$2,324,580	-$820,425 -$0	$1,504,155
14	$2,440,852	-$863,446 -$0	$1,577,406
15	$2,562,886	-$908,598 -$0	$1,654,288
16	$2,691,026	-$956,010 -$0	$1,735,016
17	$2,825,530	-$1,005,776 -$0	$1,819,754
18	$2,966,828	-$1,058,057 -$0	$1,908,771
19	$3,115,178	-$1,112,946 -$0	$2,002,232
20	$3,270,924	-$1,170,572 -$0	$2,100,352
21	$3,434,496	-$1,231,094 -$0	$2,203,402
22	$3,606,238	-$1,294,638 -$0	$2,311,600
23	$3,786,494	-$1,361,333 -$0	$2,425,161
24	$3,975,866	-$1,431,401 -$0	$2,544,465
25	$4,174,612	-$1,504,937 -$0	$2,669,675
26	$4,383,420	-$1,582,196 -$0	$2,801,224
27	$4,602,548	-$1,663,273 -$0	$2,939,275
28	$4,832,684	-$1,748,423 -$0	$3,084,261
29	$5,074,344	-$1,837,838 -$0	$3,236,506
30	$5,328,044	-$1,931,707 -$0	$3,396,337