Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Apr 27, 2026 is estimated to be $130 Million, with a cash option of 59.1 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 27, 2026

Draw Date	Jackpot	Cash Option
Mon Apr 27, 2026	$130,000,000	$59,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$59,100,000
Federal Tax(24%)	$14,184,000
Additional Federal Tax	$7,643,330
State Tax(0%)	$0
Net Lumpsum Payment	$37,272,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,956,630	-$684,283 -$0	$1,272,347
2	$2,054,520	-$720,503 -$0	$1,334,017
3	$2,157,220	-$758,502 -$0	$1,398,718
4	$2,265,120	-$798,425 -$0	$1,466,695
5	$2,378,350	-$840,320 -$0	$1,538,030
6	$2,497,300	-$884,331 -$0	$1,612,969
7	$2,622,100	-$930,507 -$0	$1,691,593
8	$2,753,270	-$979,040 -$0	$1,774,230
9	$2,890,940	-$1,029,978 -$0	$1,860,962
10	$3,035,500	-$1,083,465 -$0	$1,952,035
11	$3,187,210	-$1,139,598 -$0	$2,047,612
12	$3,346,590	-$1,198,569 -$0	$2,148,021
13	$3,513,900	-$1,260,473 -$0	$2,253,427
14	$3,689,660	-$1,325,505 -$0	$2,364,155
15	$3,874,130	-$1,393,758 -$0	$2,480,372
16	$4,067,830	-$1,465,427 -$0	$2,602,403
17	$4,271,150	-$1,540,656 -$0	$2,730,494
18	$4,484,740	-$1,619,684 -$0	$2,865,056
19	$4,708,990	-$1,702,657 -$0	$3,006,333
20	$4,944,420	-$1,789,766 -$0	$3,154,654
21	$5,191,680	-$1,881,252 -$0	$3,310,428
22	$5,451,290	-$1,977,308 -$0	$3,473,982
23	$5,723,770	-$2,078,125 -$0	$3,645,645
24	$6,010,030	-$2,184,041 -$0	$3,825,989
25	$6,310,460	-$2,295,201 -$0	$4,015,259
26	$6,626,100	-$2,411,987 -$0	$4,214,113
27	$6,957,340	-$2,534,546 -$0	$4,422,794
28	$7,305,220	-$2,663,262 -$0	$4,641,958
29	$7,670,520	-$2,798,423 -$0	$4,872,097
30	$8,054,020	-$2,940,318 -$0	$5,113,702