Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Dec 8, 2025 is estimated to be $875 Million, with a cash option of 403.6 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 Dec 8, 2025

Draw Date	Jackpot	Cash Option
Mon Dec 8, 2025	$875,000,000	$403,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$403,600,000
Federal Tax(24%)	$96,864,000
Additional Federal Tax	$52,428,330
State Tax(0%)	$0
Net Lumpsum Payment	$254,307,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$13,169,625	-$4,833,092 -$0	$8,336,533
2	$13,828,500	-$5,076,875 -$0	$8,751,625
3	$14,519,750	-$5,332,638 -$0	$9,187,112
4	$15,246,000	-$5,601,350 -$0	$9,644,650
5	$16,008,125	-$5,883,337 -$0	$10,124,788
6	$16,808,750	-$6,179,568 -$0	$10,629,182
7	$17,648,750	-$6,490,368 -$0	$11,158,382
8	$18,531,625	-$6,817,032 -$0	$11,714,593
9	$19,458,250	-$7,159,883 -$0	$12,298,367
10	$20,431,250	-$7,519,893 -$0	$12,911,357
11	$21,452,375	-$7,897,709 -$0	$13,554,666
12	$22,525,125	-$8,294,627 -$0	$14,230,498
13	$23,651,250	-$8,711,293 -$0	$14,939,957
14	$24,834,250	-$9,149,003 -$0	$15,685,247
15	$26,075,875	-$9,608,404 -$0	$16,467,471
16	$27,379,625	-$10,090,792 -$0	$17,288,833
17	$28,748,125	-$10,597,137 -$0	$18,150,988
18	$30,185,750	-$11,129,058 -$0	$19,056,692
19	$31,695,125	-$11,687,527 -$0	$20,007,598
20	$33,279,750	-$12,273,838 -$0	$21,005,912
21	$34,944,000	-$12,889,610 -$0	$22,054,390
22	$36,691,375	-$13,536,139 -$0	$23,155,236
23	$38,525,375	-$14,214,719 -$0	$24,310,656
24	$40,452,125	-$14,927,617 -$0	$25,524,508
25	$42,474,250	-$15,675,803 -$0	$26,798,447
26	$44,598,750	-$16,461,868 -$0	$28,136,882
27	$46,828,250	-$17,286,783 -$0	$29,541,467
28	$49,169,750	-$18,153,138 -$0	$31,016,612
29	$51,628,500	-$19,062,875 -$0	$32,565,625
30	$54,209,750	-$20,017,938 -$0	$34,191,812