Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Oct 25, 2025 is estimated to be $344 Million, with a cash option of 163.7 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 25, 2025

Draw Date	Jackpot	Cash Option
Sat Oct 25, 2025	$344,000,000	$163,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$163,700,000
Federal Tax(24%)	$39,288,000
Additional Federal Tax	$21,241,330
State Tax(0%)	$0
Net Lumpsum Payment	$103,170,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,177,544	-$1,876,022 -$0	$3,301,522
2	$5,436,576	-$1,971,864 -$0	$3,464,712
3	$5,708,336	-$2,072,415 -$0	$3,635,921
4	$5,993,856	-$2,178,057 -$0	$3,815,799
5	$6,293,480	-$2,288,918 -$0	$4,004,562
6	$6,608,240	-$2,405,379 -$0	$4,202,861
7	$6,938,480	-$2,527,568 -$0	$4,410,912
8	$7,285,576	-$2,655,994 -$0	$4,629,582
9	$7,649,872	-$2,790,783 -$0	$4,859,089
10	$8,032,400	-$2,932,318 -$0	$5,100,082
11	$8,433,848	-$3,080,854 -$0	$5,352,994
12	$8,855,592	-$3,236,899 -$0	$5,618,693
13	$9,298,320	-$3,400,709 -$0	$5,897,611
14	$9,763,408	-$3,572,791 -$0	$6,190,617
15	$10,251,544	-$3,753,402 -$0	$6,498,142
16	$10,764,104	-$3,943,049 -$0	$6,821,055
17	$11,302,120	-$4,142,115 -$0	$7,160,005
18	$11,867,312	-$4,351,236 -$0	$7,516,076
19	$12,460,712	-$4,570,794 -$0	$7,889,918
20	$13,083,696	-$4,801,298 -$0	$8,282,398
21	$13,737,984	-$5,043,384 -$0	$8,694,600
22	$14,424,952	-$5,297,563 -$0	$9,127,389
23	$15,145,976	-$5,564,342 -$0	$9,581,634
24	$15,903,464	-$5,844,612 -$0	$10,058,852
25	$16,698,448	-$6,138,756 -$0	$10,559,692
26	$17,533,680	-$6,447,792 -$0	$11,085,888
27	$18,410,192	-$6,772,101 -$0	$11,638,091
28	$19,330,736	-$7,112,703 -$0	$12,218,033
29	$20,297,376	-$7,470,360 -$0	$12,827,016
30	$21,312,176	-$7,845,836 -$0	$13,466,340