Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 29, 2025 is estimated to be $160 Million, with a cash option of 74.2 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 Sep 29, 2025

Draw Date	Jackpot	Cash Option
Mon Sep 29, 2025	$160,000,000	$74,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$74,200,000
Federal Tax(24%)	$17,808,000
Additional Federal Tax	$9,606,330
State Tax(0%)	$0
Net Lumpsum Payment	$46,785,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,408,160	-$851,350 -$0	$1,556,810
2	$2,528,640	-$895,927 -$0	$1,632,713
3	$2,655,040	-$942,695 -$0	$1,712,345
4	$2,787,840	-$991,831 -$0	$1,796,009
5	$2,927,200	-$1,043,394 -$0	$1,883,806
6	$3,073,600	-$1,097,562 -$0	$1,976,038
7	$3,227,200	-$1,154,394 -$0	$2,072,806
8	$3,388,640	-$1,214,127 -$0	$2,174,513
9	$3,558,080	-$1,276,820 -$0	$2,281,260
10	$3,736,000	-$1,342,650 -$0	$2,393,350
11	$3,922,720	-$1,411,737 -$0	$2,510,983
12	$4,118,880	-$1,484,316 -$0	$2,634,564
13	$4,324,800	-$1,560,506 -$0	$2,764,294
14	$4,541,120	-$1,640,545 -$0	$2,900,575
15	$4,768,160	-$1,724,550 -$0	$3,043,610
16	$5,006,560	-$1,812,758 -$0	$3,193,802
17	$5,256,800	-$1,905,346 -$0	$3,351,454
18	$5,519,680	-$2,002,612 -$0	$3,517,068
19	$5,795,680	-$2,104,732 -$0	$3,690,948
20	$6,085,440	-$2,211,943 -$0	$3,873,497
21	$6,389,760	-$2,324,542 -$0	$4,065,218
22	$6,709,280	-$2,442,764 -$0	$4,266,516
23	$7,044,640	-$2,566,847 -$0	$4,477,793
24	$7,396,960	-$2,697,206 -$0	$4,699,754
25	$7,766,720	-$2,834,017 -$0	$4,932,703
26	$8,155,200	-$2,977,754 -$0	$5,177,446
27	$8,562,880	-$3,128,596 -$0	$5,434,284
28	$8,991,040	-$3,287,015 -$0	$5,704,025
29	$9,440,640	-$3,453,367 -$0	$5,987,273
30	$9,912,640	-$3,628,007 -$0	$6,284,633