Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Sep 3, 2025 is estimated to be $1.30 Billion, with a cash option of 589 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 Sep 3, 2025

Draw Date	Jackpot	Cash Option
Wed Sep 3, 2025	$1,300,000,000	$589,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$589,000,000
Federal Tax(24%)	$141,360,000
Additional Federal Tax	$76,530,330
State Tax(0%)	$0
Net Lumpsum Payment	$371,109,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$19,566,300	-$7,199,861 -$0	$12,366,439
2	$20,545,200	-$7,562,054 -$0	$12,983,146
3	$21,572,200	-$7,942,044 -$0	$13,630,156
4	$22,651,200	-$8,341,274 -$0	$14,309,926
5	$23,783,500	-$8,760,225 -$0	$15,023,275
6	$24,973,000	-$9,200,340 -$0	$15,772,660
7	$26,221,000	-$9,662,100 -$0	$16,558,900
8	$27,532,700	-$10,147,429 -$0	$17,385,271
9	$28,909,400	-$10,656,808 -$0	$18,252,592
10	$30,355,000	-$11,191,680 -$0	$19,163,320
11	$31,872,100	-$11,753,007 -$0	$20,119,093
12	$33,465,900	-$12,342,713 -$0	$21,123,187
13	$35,139,000	-$12,961,760 -$0	$22,177,240
14	$36,896,600	-$13,612,072 -$0	$23,284,528
15	$38,741,300	-$14,294,611 -$0	$24,446,689
16	$40,678,300	-$15,011,301 -$0	$25,666,999
17	$42,711,500	-$15,763,585 -$0	$26,947,915
18	$44,847,400	-$16,553,868 -$0	$28,293,532
19	$47,089,900	-$17,383,593 -$0	$29,706,307
20	$49,444,200	-$18,254,684 -$0	$31,189,516
21	$51,916,800	-$19,169,546 -$0	$32,747,254
22	$54,512,900	-$20,130,103 -$0	$34,382,797
23	$57,237,700	-$21,138,279 -$0	$36,099,421
24	$60,100,300	-$22,197,441 -$0	$37,902,859
25	$63,104,600	-$23,309,032 -$0	$39,795,568
26	$66,261,000	-$24,476,900 -$0	$41,784,100
27	$69,573,400	-$25,702,488 -$0	$43,870,912
28	$73,052,200	-$26,989,644 -$0	$46,062,556
29	$76,705,200	-$28,341,254 -$0	$48,363,946
30	$80,540,200	-$29,760,204 -$0	$50,779,996