Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Jan 28, 2026 is estimated to be $43 Million, with a cash option of 19.4 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 Wed Jan 28, 2026

Draw Date	Jackpot	Cash Option
Wed Jan 28, 2026	$43,000,000	$19,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$19,400,000
Federal Tax(24%)	$4,656,000
Additional Federal Tax	$2,482,330
State Tax(0%)	$0
Net Lumpsum Payment	$12,261,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$647,193	-$199,792 -$0	$447,401
2	$679,572	-$211,772 -$0	$467,800
3	$713,542	-$224,341 -$0	$489,201
4	$749,232	-$237,546 -$0	$511,686
5	$786,685	-$251,404 -$0	$535,281
6	$826,030	-$265,961 -$0	$560,069
7	$867,310	-$281,235 -$0	$586,075
8	$910,697	-$297,288 -$0	$613,409
9	$956,234	-$314,137 -$0	$642,097
10	$1,004,050	-$331,829 -$0	$672,221
11	$1,054,231	-$350,396 -$0	$703,835
12	$1,106,949	-$369,902 -$0	$737,047
13	$1,162,290	-$390,378 -$0	$771,912
14	$1,220,426	-$411,888 -$0	$808,538
15	$1,281,443	-$434,464 -$0	$846,979
16	$1,345,513	-$458,170 -$0	$887,343
17	$1,412,765	-$483,053 -$0	$929,712
18	$1,483,414	-$509,194 -$0	$974,220
19	$1,557,589	-$536,638 -$0	$1,020,951
20	$1,635,462	-$565,451 -$0	$1,070,011
21	$1,717,248	-$595,712 -$0	$1,121,536
22	$1,803,119	-$627,484 -$0	$1,175,635
23	$1,893,247	-$660,832 -$0	$1,232,415
24	$1,987,933	-$695,866 -$0	$1,292,067
25	$2,087,306	-$732,634 -$0	$1,354,672
26	$2,191,710	-$771,263 -$0	$1,420,447
27	$2,301,274	-$811,802 -$0	$1,489,472
28	$2,416,342	-$854,377 -$0	$1,561,965
29	$2,537,172	-$899,084 -$0	$1,638,088
30	$2,664,022	-$946,019 -$0	$1,718,003