Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Feb 11, 2026 is estimated to be $126 Million, with a cash option of 57.8 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 Feb 11, 2026

Draw Date	Jackpot	Cash Option
Wed Feb 11, 2026	$126,000,000	$57,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$57,800,000
Federal Tax(24%)	$13,872,000
Additional Federal Tax	$7,474,330
State Tax(0%)	$0
Net Lumpsum Payment	$36,453,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,896,426	-$662,008 -$0	$1,234,418
2	$1,991,304	-$697,113 -$0	$1,294,191
3	$2,090,844	-$733,943 -$0	$1,356,901
4	$2,195,424	-$772,637 -$0	$1,422,787
5	$2,305,170	-$813,243 -$0	$1,491,927
6	$2,420,460	-$855,901 -$0	$1,564,559
7	$2,541,420	-$900,656 -$0	$1,640,764
8	$2,668,554	-$947,695 -$0	$1,720,859
9	$2,801,988	-$997,066 -$0	$1,804,922
10	$2,942,100	-$1,048,907 -$0	$1,893,193
11	$3,089,142	-$1,103,313 -$0	$1,985,829
12	$3,243,618	-$1,160,469 -$0	$2,083,149
13	$3,405,780	-$1,220,469 -$0	$2,185,311
14	$3,576,132	-$1,283,499 -$0	$2,292,633
15	$3,754,926	-$1,349,653 -$0	$2,405,273
16	$3,942,666	-$1,419,117 -$0	$2,523,549
17	$4,139,730	-$1,492,030 -$0	$2,647,700
18	$4,346,748	-$1,568,627 -$0	$2,778,121
19	$4,564,098	-$1,649,047 -$0	$2,915,051
20	$4,792,284	-$1,733,475 -$0	$3,058,809
21	$5,031,936	-$1,822,147 -$0	$3,209,789
22	$5,283,558	-$1,915,247 -$0	$3,368,311
23	$5,547,654	-$2,012,962 -$0	$3,534,692
24	$5,825,106	-$2,115,620 -$0	$3,709,486
25	$6,116,292	-$2,223,358 -$0	$3,892,934
26	$6,422,220	-$2,336,552 -$0	$4,085,668
27	$6,743,268	-$2,455,340 -$0	$4,287,928
28	$7,080,444	-$2,580,095 -$0	$4,500,349
29	$7,434,504	-$2,711,097 -$0	$4,723,407
30	$7,806,204	-$2,848,626 -$0	$4,957,578