Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Nov 22, 2025 is estimated to be $629 Million, with a cash option of 294.5 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 Sat Nov 22, 2025

Draw Date	Jackpot	Cash Option
Sat Nov 22, 2025	$629,000,000	$294,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$294,500,000
Federal Tax(24%)	$70,680,000
Additional Federal Tax	$38,245,330
State Tax(0%)	$0
Net Lumpsum Payment	$185,574,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,467,079	-$3,463,150 -$0	$6,003,929
2	$9,940,716	-$3,638,395 -$0	$6,302,321
3	$10,437,626	-$3,822,252 -$0	$6,615,374
4	$10,959,696	-$4,015,418 -$0	$6,944,278
5	$11,507,555	-$4,218,126 -$0	$7,289,429
6	$12,083,090	-$4,431,074 -$0	$7,652,016
7	$12,686,930	-$4,654,494 -$0	$8,032,436
8	$13,321,591	-$4,889,319 -$0	$8,432,272
9	$13,987,702	-$5,135,780 -$0	$8,851,922
10	$14,687,150	-$5,394,576 -$0	$9,292,574
11	$15,421,193	-$5,666,172 -$0	$9,755,021
12	$16,192,347	-$5,951,499 -$0	$10,240,848
13	$17,001,870	-$6,251,022 -$0	$10,750,848
14	$17,852,278	-$6,565,673 -$0	$11,286,605
15	$18,744,829	-$6,895,917 -$0	$11,848,912
16	$19,682,039	-$7,242,685 -$0	$12,439,354
17	$20,665,795	-$7,606,675 -$0	$13,059,120
18	$21,699,242	-$7,989,050 -$0	$13,710,192
19	$22,784,267	-$8,390,509 -$0	$14,393,758
20	$23,923,386	-$8,811,983 -$0	$15,111,403
21	$25,119,744	-$9,254,636 -$0	$15,865,108
22	$26,375,857	-$9,719,397 -$0	$16,656,460
23	$27,694,241	-$10,207,200 -$0	$17,487,041
24	$29,079,299	-$10,719,671 -$0	$18,359,628
25	$30,532,918	-$11,257,510 -$0	$19,275,408
26	$32,060,130	-$11,822,578 -$0	$20,237,552
27	$33,662,822	-$12,415,575 -$0	$21,247,247
28	$35,346,026	-$13,038,360 -$0	$22,307,666
29	$37,113,516	-$13,692,331 -$0	$23,421,185
30	$38,969,066	-$14,378,885 -$0	$24,590,181