Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Dec 17, 2025 is estimated to be $1.25 Billion, with a cash option of 572.1 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 Dec 17, 2025

Draw Date	Jackpot	Cash Option
Wed Dec 17, 2025	$1,250,000,000	$572,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$572,100,000
Federal Tax(24%)	$137,304,000
Additional Federal Tax	$74,333,330
State Tax(0%)	$0
Net Lumpsum Payment	$360,462,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$18,813,750	-$6,921,418 -$0	$11,892,332
2	$19,755,000	-$7,269,680 -$0	$12,485,320
3	$20,742,500	-$7,635,055 -$0	$13,107,445
4	$21,780,000	-$8,018,930 -$0	$13,761,070
5	$22,868,750	-$8,421,768 -$0	$14,446,982
6	$24,012,500	-$8,844,955 -$0	$15,167,545
7	$25,212,500	-$9,288,955 -$0	$15,923,545
8	$26,473,750	-$9,755,618 -$0	$16,718,132
9	$27,797,500	-$10,245,405 -$0	$17,552,095
10	$29,187,500	-$10,759,705 -$0	$18,427,795
11	$30,646,250	-$11,299,443 -$0	$19,346,807
12	$32,178,750	-$11,866,468 -$0	$20,312,282
13	$33,787,500	-$12,461,705 -$0	$21,325,795
14	$35,477,500	-$13,087,005 -$0	$22,390,495
15	$37,251,250	-$13,743,293 -$0	$23,507,957
16	$39,113,750	-$14,432,418 -$0	$24,681,332
17	$41,068,750	-$15,155,768 -$0	$25,912,982
18	$43,122,500	-$15,915,655 -$0	$27,206,845
19	$45,278,750	-$16,713,468 -$0	$28,565,282
20	$47,542,500	-$17,551,055 -$0	$29,991,445
21	$49,920,000	-$18,430,730 -$0	$31,489,270
22	$52,416,250	-$19,354,343 -$0	$33,061,907
23	$55,036,250	-$20,323,743 -$0	$34,712,507
24	$57,788,750	-$21,342,168 -$0	$36,446,582
25	$60,677,500	-$22,411,005 -$0	$38,266,495
26	$63,712,500	-$23,533,955 -$0	$40,178,545
27	$66,897,500	-$24,712,405 -$0	$42,185,095
28	$70,242,500	-$25,950,055 -$0	$44,292,445
29	$73,755,000	-$27,249,680 -$0	$46,505,320
30	$77,442,500	-$28,614,055 -$0	$48,828,445