Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Aug 13, 2025 is estimated to be $526 Million, with a cash option of 241 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 Aug 13, 2025

Draw Date	Jackpot	Cash Option
Wed Aug 13, 2025	$526,000,000	$241,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$241,000,000
Federal Tax(24%)	$57,840,000
Additional Federal Tax	$31,290,330
State Tax(0%)	$0
Net Lumpsum Payment	$151,869,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$7,916,826	-$2,889,556 -$0	$5,027,270
2	$8,312,904	-$3,036,105 -$0	$5,276,799
3	$8,728,444	-$3,189,855 -$0	$5,538,589
4	$9,165,024	-$3,351,389 -$0	$5,813,635
5	$9,623,170	-$3,520,903 -$0	$6,102,267
6	$10,104,460	-$3,698,981 -$0	$6,405,479
7	$10,609,420	-$3,885,816 -$0	$6,723,604
8	$11,140,154	-$4,082,187 -$0	$7,057,967
9	$11,697,188	-$4,288,290 -$0	$7,408,898
10	$12,282,100	-$4,504,707 -$0	$7,777,393
11	$12,895,942	-$4,731,829 -$0	$8,164,113
12	$13,540,818	-$4,970,433 -$0	$8,570,385
13	$14,217,780	-$5,220,909 -$0	$8,996,871
14	$14,928,932	-$5,484,035 -$0	$9,444,897
15	$15,675,326	-$5,760,201 -$0	$9,915,125
16	$16,459,066	-$6,050,185 -$0	$10,408,881
17	$17,281,730	-$6,354,570 -$0	$10,927,160
18	$18,145,948	-$6,674,331 -$0	$11,471,617
19	$19,053,298	-$7,010,051 -$0	$12,043,247
20	$20,005,884	-$7,362,507 -$0	$12,643,377
21	$21,006,336	-$7,732,675 -$0	$13,273,661
22	$22,056,758	-$8,121,331 -$0	$13,935,427
23	$23,159,254	-$8,529,254 -$0	$14,630,000
24	$24,317,506	-$8,957,808 -$0	$15,359,698
25	$25,533,092	-$9,407,574 -$0	$16,125,518
26	$26,810,220	-$9,880,112 -$0	$16,930,108
27	$28,150,468	-$10,376,004 -$0	$17,774,464
28	$29,558,044	-$10,896,807 -$0	$18,661,237
29	$31,036,104	-$11,443,689 -$0	$19,592,415
30	$32,587,804	-$12,017,818 -$0	$20,569,986