Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Nov 12, 2025 is estimated to be $512 Million, with a cash option of 239.1 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 Nov 12, 2025

Draw Date	Jackpot	Cash Option
Wed Nov 12, 2025	$512,000,000	$239,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$239,100,000
Federal Tax(24%)	$57,384,000
Additional Federal Tax	$31,043,330
State Tax(0%)	$0
Net Lumpsum Payment	$150,672,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$7,706,112	-$2,811,592 -$0	$4,894,520
2	$8,091,648	-$2,954,240 -$0	$5,137,408
3	$8,496,128	-$3,103,898 -$0	$5,392,230
4	$8,921,088	-$3,261,133 -$0	$5,659,955
5	$9,367,040	-$3,426,135 -$0	$5,940,905
6	$9,835,520	-$3,599,473 -$0	$6,236,047
7	$10,327,040	-$3,781,335 -$0	$6,545,705
8	$10,843,648	-$3,972,480 -$0	$6,871,168
9	$11,385,856	-$4,173,097 -$0	$7,212,759
10	$11,955,200	-$4,383,754 -$0	$7,571,446
11	$12,552,704	-$4,604,831 -$0	$7,947,873
12	$13,180,416	-$4,837,084 -$0	$8,343,332
13	$13,839,360	-$5,080,894 -$0	$8,758,466
14	$14,531,584	-$5,337,016 -$0	$9,194,568
15	$15,258,112	-$5,605,832 -$0	$9,652,280
16	$16,020,992	-$5,888,097 -$0	$10,132,895
17	$16,821,760	-$6,184,382 -$0	$10,637,378
18	$17,662,976	-$6,495,632 -$0	$11,167,344
19	$18,546,176	-$6,822,416 -$0	$11,723,760
20	$19,473,408	-$7,165,491 -$0	$12,307,917
21	$20,447,232	-$7,525,806 -$0	$12,921,426
22	$21,469,696	-$7,904,118 -$0	$13,565,578
23	$22,542,848	-$8,301,184 -$0	$14,241,664
24	$23,670,272	-$8,718,331 -$0	$14,951,941
25	$24,853,504	-$9,156,127 -$0	$15,697,377
26	$26,096,640	-$9,616,087 -$0	$16,480,553
27	$27,401,216	-$10,098,780 -$0	$17,302,436
28	$28,771,328	-$10,605,722 -$0	$18,165,606
29	$30,210,048	-$11,138,048 -$0	$19,072,000
30	$31,720,448	-$11,696,896 -$0	$20,023,552