Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Apr 15, 2026 is estimated to be $58 Million, with a cash option of 26.4 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 Apr 15, 2026

Draw Date	Jackpot	Cash Option
Wed Apr 15, 2026	$58,000,000	$26,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$26,400,000
Federal Tax(24%)	$6,336,000
Additional Federal Tax	$3,392,330
State Tax(0%)	$0
Net Lumpsum Payment	$16,671,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$872,958	-$283,325 -$0	$589,633
2	$916,632	-$299,484 -$0	$617,148
3	$962,452	-$316,438 -$0	$646,014
4	$1,010,592	-$334,249 -$0	$676,343
5	$1,061,110	-$352,941 -$0	$708,169
6	$1,114,180	-$372,577 -$0	$741,603
7	$1,169,860	-$393,179 -$0	$776,681
8	$1,228,382	-$414,832 -$0	$813,550
9	$1,289,804	-$437,558 -$0	$852,246
10	$1,354,300	-$461,421 -$0	$892,879
11	$1,421,986	-$486,465 -$0	$935,521
12	$1,493,094	-$512,775 -$0	$980,319
13	$1,567,740	-$540,394 -$0	$1,027,346
14	$1,646,156	-$569,408 -$0	$1,076,748
15	$1,728,458	-$599,860 -$0	$1,128,598
16	$1,814,878	-$631,835 -$0	$1,183,043
17	$1,905,590	-$665,399 -$0	$1,240,191
18	$2,000,884	-$700,657 -$0	$1,300,227
19	$2,100,934	-$737,676 -$0	$1,363,258
20	$2,205,972	-$776,540 -$0	$1,429,432
21	$2,316,288	-$817,357 -$0	$1,498,931
22	$2,432,114	-$860,213 -$0	$1,571,901
23	$2,553,682	-$905,193 -$0	$1,648,489
24	$2,681,398	-$952,448 -$0	$1,728,950
25	$2,815,436	-$1,002,042 -$0	$1,813,394
26	$2,956,260	-$1,054,147 -$0	$1,902,113
27	$3,104,044	-$1,108,827 -$0	$1,995,217
28	$3,259,252	-$1,166,254 -$0	$2,092,998
29	$3,422,232	-$1,226,556 -$0	$2,195,676
30	$3,593,332	-$1,289,863 -$0	$2,303,469