Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Oct 29, 2025 is estimated to be $376 Million, with a cash option of 179.3 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 Oct 29, 2025

Draw Date	Jackpot	Cash Option
Wed Oct 29, 2025	$376,000,000	$179,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$179,300,000
Federal Tax(24%)	$43,032,000
Additional Federal Tax	$23,269,330
State Tax(0%)	$0
Net Lumpsum Payment	$112,998,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,659,176	-$2,054,226 -$0	$3,604,950
2	$5,942,304	-$2,158,983 -$0	$3,783,321
3	$6,239,344	-$2,268,888 -$0	$3,970,456
4	$6,551,424	-$2,384,357 -$0	$4,167,067
5	$6,878,920	-$2,505,531 -$0	$4,373,389
6	$7,222,960	-$2,632,826 -$0	$4,590,134
7	$7,583,920	-$2,766,381 -$0	$4,817,539
8	$7,963,304	-$2,906,753 -$0	$5,056,551
9	$8,361,488	-$3,054,081 -$0	$5,307,407
10	$8,779,600	-$3,208,782 -$0	$5,570,818
11	$9,218,392	-$3,371,135 -$0	$5,847,257
12	$9,679,368	-$3,541,697 -$0	$6,137,671
13	$10,163,280	-$3,720,744 -$0	$6,442,536
14	$10,671,632	-$3,908,834 -$0	$6,762,798
15	$11,205,176	-$4,106,246 -$0	$7,098,930
16	$11,765,416	-$4,313,534 -$0	$7,451,882
17	$12,353,480	-$4,531,118 -$0	$7,822,362
18	$12,971,248	-$4,759,692 -$0	$8,211,556
19	$13,619,848	-$4,999,674 -$0	$8,620,174
20	$14,300,784	-$5,251,620 -$0	$9,049,164
21	$15,015,936	-$5,516,227 -$0	$9,499,709
22	$15,766,808	-$5,794,049 -$0	$9,972,759
23	$16,554,904	-$6,085,645 -$0	$10,469,259
24	$17,382,856	-$6,391,987 -$0	$10,990,869
25	$18,251,792	-$6,713,493 -$0	$11,538,299
26	$19,164,720	-$7,051,277 -$0	$12,113,443
27	$20,122,768	-$7,405,755 -$0	$12,717,013
28	$21,128,944	-$7,778,040 -$0	$13,350,904
29	$22,185,504	-$8,168,967 -$0	$14,016,537
30	$23,294,704	-$8,579,371 -$0	$14,715,333