Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Jan 7, 2026 is estimated to be $105 Million, with a cash option of 47.4 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 Jan 7, 2026

Draw Date	Jackpot	Cash Option
Wed Jan 7, 2026	$105,000,000	$47,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$47,400,000
Federal Tax(24%)	$11,376,000
Additional Federal Tax	$6,122,330
State Tax(0%)	$0
Net Lumpsum Payment	$29,901,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,580,355	-$545,062 -$0	$1,035,293
2	$1,659,420	-$574,316 -$0	$1,085,104
3	$1,742,370	-$605,007 -$0	$1,137,363
4	$1,829,520	-$637,253 -$0	$1,192,267
5	$1,920,975	-$671,091 -$0	$1,249,884
6	$2,017,050	-$706,639 -$0	$1,310,411
7	$2,117,850	-$743,935 -$0	$1,373,915
8	$2,223,795	-$783,135 -$0	$1,440,660
9	$2,334,990	-$824,277 -$0	$1,510,713
10	$2,451,750	-$867,478 -$0	$1,584,272
11	$2,574,285	-$912,816 -$0	$1,661,469
12	$2,703,015	-$960,446 -$0	$1,742,569
13	$2,838,150	-$1,010,446 -$0	$1,827,704
14	$2,980,110	-$1,062,971 -$0	$1,917,139
15	$3,129,105	-$1,118,099 -$0	$2,011,006
16	$3,285,555	-$1,175,986 -$0	$2,109,569
17	$3,449,775	-$1,236,747 -$0	$2,213,028
18	$3,622,290	-$1,300,578 -$0	$2,321,712
19	$3,803,415	-$1,367,594 -$0	$2,435,821
20	$3,993,570	-$1,437,951 -$0	$2,555,619
21	$4,193,280	-$1,511,844 -$0	$2,681,436
22	$4,402,965	-$1,589,427 -$0	$2,813,538
23	$4,623,045	-$1,670,857 -$0	$2,952,188
24	$4,854,255	-$1,756,405 -$0	$3,097,850
25	$5,096,910	-$1,846,187 -$0	$3,250,723
26	$5,351,850	-$1,940,515 -$0	$3,411,335
27	$5,619,390	-$2,039,505 -$0	$3,579,885
28	$5,900,370	-$2,143,467 -$0	$3,756,903
29	$6,195,420	-$2,252,636 -$0	$3,942,784
30	$6,505,170	-$2,367,243 -$0	$4,137,927