Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Dec 22, 2025 is estimated to be $1.60 Billion, with a cash option of 735.3 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 Mon Dec 22, 2025

Draw Date	Jackpot	Cash Option
Mon Dec 22, 2025	$1,600,000,000	$735,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$735,300,000
Federal Tax(24%)	$176,472,000
Additional Federal Tax	$95,549,330
State Tax(0%)	$0
Net Lumpsum Payment	$463,278,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$24,081,600	-$8,870,522 -$0	$15,211,078
2	$25,286,400	-$9,316,298 -$0	$15,970,102
3	$26,550,400	-$9,783,978 -$0	$16,766,422
4	$27,878,400	-$10,275,338 -$0	$17,603,062
5	$29,272,000	-$10,790,970 -$0	$18,481,030
6	$30,736,000	-$11,332,650 -$0	$19,403,350
7	$32,272,000	-$11,900,970 -$0	$20,371,030
8	$33,886,400	-$12,498,298 -$0	$21,388,102
9	$35,580,800	-$13,125,226 -$0	$22,455,574
10	$37,360,000	-$13,783,530 -$0	$23,576,470
11	$39,227,200	-$14,474,394 -$0	$24,752,806
12	$41,188,800	-$15,200,186 -$0	$25,988,614
13	$43,248,000	-$15,962,090 -$0	$27,285,910
14	$45,411,200	-$16,762,474 -$0	$28,648,726
15	$47,681,600	-$17,602,522 -$0	$30,079,078
16	$50,065,600	-$18,484,602 -$0	$31,580,998
17	$52,568,000	-$19,410,490 -$0	$33,157,510
18	$55,196,800	-$20,383,146 -$0	$34,813,654
19	$57,956,800	-$21,404,346 -$0	$36,552,454
20	$60,854,400	-$22,476,458 -$0	$38,377,942
21	$63,897,600	-$23,602,442 -$0	$40,295,158
22	$67,092,800	-$24,784,666 -$0	$42,308,134
23	$70,446,400	-$26,025,498 -$0	$44,420,902
24	$73,969,600	-$27,329,082 -$0	$46,640,518
25	$77,667,200	-$28,697,194 -$0	$48,970,006
26	$81,552,000	-$30,134,570 -$0	$51,417,430
27	$85,628,800	-$31,642,986 -$0	$53,985,814
28	$89,910,400	-$33,227,178 -$0	$56,683,222
29	$94,406,400	-$34,890,698 -$0	$59,515,702
30	$99,126,400	-$36,637,098 -$0	$62,489,302