Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Dec 3, 2025 is estimated to be $775 Million, with a cash option of 362.5 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 Dec 3, 2025

Draw Date	Jackpot	Cash Option
Wed Dec 3, 2025	$775,000,000	$362,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$362,500,000
Federal Tax(24%)	$87,000,000
Additional Federal Tax	$47,085,330
State Tax(0%)	$0
Net Lumpsum Payment	$228,414,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$11,664,525	-$4,276,205 -$0	$7,388,320
2	$12,248,100	-$4,492,127 -$0	$7,755,973
3	$12,860,350	-$4,718,660 -$0	$8,141,690
4	$13,503,600	-$4,956,662 -$0	$8,546,938
5	$14,178,625	-$5,206,422 -$0	$8,972,203
6	$14,887,750	-$5,468,798 -$0	$9,418,952
7	$15,631,750	-$5,744,078 -$0	$9,887,672
8	$16,413,725	-$6,033,409 -$0	$10,380,316
9	$17,234,450	-$6,337,077 -$0	$10,897,373
10	$18,096,250	-$6,655,943 -$0	$11,440,307
11	$19,000,675	-$6,990,580 -$0	$12,010,095
12	$19,950,825	-$7,342,136 -$0	$12,608,689
13	$20,948,250	-$7,711,183 -$0	$13,237,067
14	$21,996,050	-$8,098,869 -$0	$13,897,181
15	$23,095,775	-$8,505,767 -$0	$14,590,008
16	$24,250,525	-$8,933,025 -$0	$15,317,500
17	$25,462,625	-$9,381,502 -$0	$16,081,123
18	$26,735,950	-$9,852,632 -$0	$16,883,318
19	$28,072,825	-$10,347,276 -$0	$17,725,549
20	$29,476,350	-$10,866,580 -$0	$18,609,770
21	$30,950,400	-$11,411,978 -$0	$19,538,422
22	$32,498,075	-$11,984,618 -$0	$20,513,457
23	$34,122,475	-$12,585,646 -$0	$21,536,829
24	$35,829,025	-$13,217,070 -$0	$22,611,955
25	$37,620,050	-$13,879,749 -$0	$23,740,301
26	$39,501,750	-$14,575,978 -$0	$24,925,772
27	$41,476,450	-$15,306,617 -$0	$26,169,833
28	$43,550,350	-$16,073,960 -$0	$27,476,390
29	$45,728,100	-$16,879,727 -$0	$28,848,373
30	$48,014,350	-$17,725,640 -$0	$30,288,710