Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Dec 10, 2025 is estimated to be $930 Million, with a cash option of 429 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 10, 2025

Draw Date	Jackpot	Cash Option
Wed Dec 10, 2025	$930,000,000	$429,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$429,000,000
Federal Tax(24%)	$102,960,000
Additional Federal Tax	$55,730,330
State Tax(0%)	$0
Net Lumpsum Payment	$270,309,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$13,997,430	-$5,139,379 -$0	$8,858,051
2	$14,697,720	-$5,398,487 -$0	$9,299,233
3	$15,432,420	-$5,670,326 -$0	$9,762,094
4	$16,204,320	-$5,955,929 -$0	$10,248,391
5	$17,014,350	-$6,255,640 -$0	$10,758,710
6	$17,865,300	-$6,570,491 -$0	$11,294,809
7	$18,758,100	-$6,900,827 -$0	$11,857,273
8	$19,696,470	-$7,248,024 -$0	$12,448,446
9	$20,681,340	-$7,612,426 -$0	$13,068,914
10	$21,715,500	-$7,995,065 -$0	$13,720,435
11	$22,800,810	-$8,396,630 -$0	$14,404,180
12	$23,940,990	-$8,818,497 -$0	$15,122,493
13	$25,137,900	-$9,261,353 -$0	$15,876,547
14	$26,395,260	-$9,726,577 -$0	$16,668,683
15	$27,714,930	-$10,214,854 -$0	$17,500,076
16	$29,100,630	-$10,727,563 -$0	$18,373,067
17	$30,555,150	-$11,265,736 -$0	$19,289,414
18	$32,083,140	-$11,831,092 -$0	$20,252,048
19	$33,687,390	-$12,424,665 -$0	$21,262,725
20	$35,371,620	-$13,047,830 -$0	$22,323,790
21	$37,140,480	-$13,702,308 -$0	$23,438,172
22	$38,997,690	-$14,389,476 -$0	$24,608,214
23	$40,946,970	-$15,110,709 -$0	$25,836,261
24	$42,994,830	-$15,868,417 -$0	$27,126,413
25	$45,144,060	-$16,663,633 -$0	$28,480,427
26	$47,402,100	-$17,499,107 -$0	$29,902,993
27	$49,771,740	-$18,375,874 -$0	$31,395,866
28	$52,260,420	-$19,296,686 -$0	$32,963,734
29	$54,873,720	-$20,263,607 -$0	$34,610,113
30	$57,617,220	-$21,278,702 -$0	$36,338,518