Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jun 29, 2026 is estimated to be $360 Million, with a cash option of 163.8 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 Jun 29, 2026

Draw Date	Jackpot	Cash Option
Mon Jun 29, 2026	$360,000,000	$163,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$163,800,000
Federal Tax(24%)	$39,312,000
Additional Federal Tax	$21,254,330
State Tax(0%)	$0
Net Lumpsum Payment	$103,233,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,418,360	-$1,965,124 -$0	$3,453,236
2	$5,689,440	-$2,065,423 -$0	$3,624,017
3	$5,973,840	-$2,170,651 -$0	$3,803,189
4	$6,272,640	-$2,281,207 -$0	$3,991,433
5	$6,586,200	-$2,397,224 -$0	$4,188,976
6	$6,915,600	-$2,519,102 -$0	$4,396,498
7	$7,261,200	-$2,646,974 -$0	$4,614,226
8	$7,624,440	-$2,781,373 -$0	$4,843,067
9	$8,005,680	-$2,922,432 -$0	$5,083,248
10	$8,406,000	-$3,070,550 -$0	$5,335,450
11	$8,826,120	-$3,225,995 -$0	$5,600,125
12	$9,267,480	-$3,389,298 -$0	$5,878,182
13	$9,730,800	-$3,560,726 -$0	$6,170,074
14	$10,217,520	-$3,740,813 -$0	$6,476,707
15	$10,728,360	-$3,929,824 -$0	$6,798,536
16	$11,264,760	-$4,128,292 -$0	$7,136,468
17	$11,827,800	-$4,336,616 -$0	$7,491,184
18	$12,419,280	-$4,555,464 -$0	$7,863,816
19	$13,040,280	-$4,785,234 -$0	$8,255,046
20	$13,692,240	-$5,026,459 -$0	$8,665,781
21	$14,376,960	-$5,279,806 -$0	$9,097,154
22	$15,095,880	-$5,545,806 -$0	$9,550,074
23	$15,850,440	-$5,824,993 -$0	$10,025,447
24	$16,643,160	-$6,118,300 -$0	$10,524,860
25	$17,475,120	-$6,426,125 -$0	$11,048,995
26	$18,349,200	-$6,749,534 -$0	$11,599,666
27	$19,266,480	-$7,088,928 -$0	$12,177,552
28	$20,229,840	-$7,445,371 -$0	$12,784,469
29	$21,241,440	-$7,819,663 -$0	$13,421,777
30	$22,303,440	-$8,212,603 -$0	$14,090,837