Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Oct 11, 2025 is estimated to be $244 Million, with a cash option of 114.2 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 Oct 11, 2025

Draw Date	Jackpot	Cash Option
Sat Oct 11, 2025	$244,000,000	$114,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$114,200,000
Federal Tax(24%)	$27,408,000
Additional Federal Tax	$14,806,330
State Tax(0%)	$0
Net Lumpsum Payment	$71,985,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,672,444	-$1,319,135 -$0	$2,353,309
2	$3,856,176	-$1,387,116 -$0	$2,469,060
3	$4,048,936	-$1,458,437 -$0	$2,590,499
4	$4,251,456	-$1,533,369 -$0	$2,718,087
5	$4,463,980	-$1,612,003 -$0	$2,851,977
6	$4,687,240	-$1,694,609 -$0	$2,992,631
7	$4,921,480	-$1,781,278 -$0	$3,140,202
8	$5,167,676	-$1,872,371 -$0	$3,295,305
9	$5,426,072	-$1,967,977 -$0	$3,458,095
10	$5,697,400	-$2,068,368 -$0	$3,629,032
11	$5,982,148	-$2,173,725 -$0	$3,808,423
12	$6,281,292	-$2,284,408 -$0	$3,996,884
13	$6,595,320	-$2,400,599 -$0	$4,194,721
14	$6,925,208	-$2,522,657 -$0	$4,402,551
15	$7,271,444	-$2,650,765 -$0	$4,620,679
16	$7,635,004	-$2,785,282 -$0	$4,849,722
17	$8,016,620	-$2,926,480 -$0	$5,090,140
18	$8,417,512	-$3,074,810 -$0	$5,342,702
19	$8,838,412	-$3,230,543 -$0	$5,607,869
20	$9,280,296	-$3,394,040 -$0	$5,886,256
21	$9,744,384	-$3,565,752 -$0	$6,178,632
22	$10,231,652	-$3,746,042 -$0	$6,485,610
23	$10,743,076	-$3,935,269 -$0	$6,807,807
24	$11,280,364	-$4,134,065 -$0	$7,146,299
25	$11,844,248	-$4,342,702 -$0	$7,501,546
26	$12,436,680	-$4,561,902 -$0	$7,874,778
27	$13,058,392	-$4,791,935 -$0	$8,266,457
28	$13,711,336	-$5,033,525 -$0	$8,677,811
29	$14,396,976	-$5,287,212 -$0	$9,109,764
30	$15,116,776	-$5,553,538 -$0	$9,563,238