Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Sep 20, 2025 is estimated to be $99 Million, with a cash option of 46.3 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 Sat Sep 20, 2025

Draw Date	Jackpot	Cash Option
Sat Sep 20, 2025	$99,000,000	$46,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$46,300,000
Federal Tax(24%)	$11,112,000
Additional Federal Tax	$5,979,330
State Tax(0%)	$0
Net Lumpsum Payment	$29,208,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,490,049	-$511,649 -$0	$978,400
2	$1,564,596	-$539,231 -$0	$1,025,365
3	$1,642,806	-$568,169 -$0	$1,074,637
4	$1,724,976	-$598,572 -$0	$1,126,404
5	$1,811,205	-$630,476 -$0	$1,180,729
6	$1,901,790	-$663,993 -$0	$1,237,797
7	$1,996,830	-$699,157 -$0	$1,297,673
8	$2,096,721	-$736,117 -$0	$1,360,604
9	$2,201,562	-$774,908 -$0	$1,426,654
10	$2,311,650	-$815,641 -$0	$1,496,009
11	$2,427,183	-$858,388 -$0	$1,568,795
12	$2,548,557	-$903,296 -$0	$1,645,261
13	$2,675,970	-$950,439 -$0	$1,725,531
14	$2,809,818	-$999,963 -$0	$1,809,855
15	$2,950,299	-$1,051,941 -$0	$1,898,358
16	$3,097,809	-$1,106,520 -$0	$1,991,289
17	$3,252,645	-$1,163,809 -$0	$2,088,836
18	$3,415,302	-$1,223,992 -$0	$2,191,310
19	$3,586,077	-$1,287,179 -$0	$2,298,898
20	$3,765,366	-$1,353,516 -$0	$2,411,850
21	$3,953,664	-$1,423,186 -$0	$2,530,478
22	$4,151,367	-$1,496,336 -$0	$2,655,031
23	$4,358,871	-$1,573,113 -$0	$2,785,758
24	$4,576,869	-$1,653,772 -$0	$2,923,097
25	$4,805,658	-$1,738,424 -$0	$3,067,234
26	$5,046,030	-$1,827,361 -$0	$3,218,669
27	$5,298,282	-$1,920,695 -$0	$3,377,587
28	$5,563,206	-$2,018,717 -$0	$3,544,489
29	$5,841,396	-$2,121,647 -$0	$3,719,749
30	$6,133,446	-$2,229,705 -$0	$3,903,741