Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Sep 19, 2026 is estimated to be $298 Million, with a cash option of 126.6 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 Sep 19, 2026

Draw Date	Jackpot	Cash Option
Sat Sep 19, 2026	$298,000,000	$126,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$126,600,000
Federal Tax(24%)	$30,384,000
Additional Federal Tax	$16,418,330
State Tax(0%)	$0
Net Lumpsum Payment	$79,797,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,485,198	-$1,619,854 -$0	$2,865,344
2	$4,709,592	-$1,702,879 -$0	$3,006,713
3	$4,945,012	-$1,789,985 -$0	$3,155,027
4	$5,192,352	-$1,881,501 -$0	$3,310,851
5	$5,451,910	-$1,977,537 -$0	$3,474,373
6	$5,724,580	-$2,078,425 -$0	$3,646,155
7	$6,010,660	-$2,184,275 -$0	$3,826,385
8	$6,311,342	-$2,295,527 -$0	$4,015,815
9	$6,626,924	-$2,412,292 -$0	$4,214,632
10	$6,958,300	-$2,534,901 -$0	$4,423,399
11	$7,306,066	-$2,663,575 -$0	$4,642,491
12	$7,671,414	-$2,798,754 -$0	$4,872,660
13	$8,054,940	-$2,940,658 -$0	$5,114,282
14	$8,457,836	-$3,089,730 -$0	$5,368,106
15	$8,880,698	-$3,246,189 -$0	$5,634,509
16	$9,324,718	-$3,410,476 -$0	$5,914,242
17	$9,790,790	-$3,582,923 -$0	$6,207,867
18	$10,280,404	-$3,764,080 -$0	$6,516,324
19	$10,794,454	-$3,954,278 -$0	$6,840,176
20	$11,334,132	-$4,153,959 -$0	$7,180,173
21	$11,900,928	-$4,363,674 -$0	$7,537,254
22	$12,496,034	-$4,583,863 -$0	$7,912,171
23	$13,120,642	-$4,814,968 -$0	$8,305,674
24	$13,776,838	-$5,057,760 -$0	$8,719,078
25	$14,465,516	-$5,312,571 -$0	$9,152,945
26	$15,189,060	-$5,580,283 -$0	$9,608,777
27	$15,948,364	-$5,861,225 -$0	$10,087,139
28	$16,745,812	-$6,156,281 -$0	$10,589,531
29	$17,583,192	-$6,466,111 -$0	$11,117,081
30	$18,462,292	-$6,791,378 -$0	$11,670,914