Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Mar 2, 2026 is estimated to be $249 Million, with a cash option of 117.2 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 Mar 2, 2026

Draw Date	Jackpot	Cash Option
Mon Mar 2, 2026	$249,000,000	$117,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$117,200,000
Federal Tax(24%)	$28,128,000
Additional Federal Tax	$15,196,330
State Tax(0%)	$0
Net Lumpsum Payment	$73,875,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,747,699	-$1,346,979 -$0	$2,400,720
2	$3,935,196	-$1,416,353 -$0	$2,518,843
3	$4,131,906	-$1,489,136 -$0	$2,642,770
4	$4,338,576	-$1,565,604 -$0	$2,772,972
5	$4,555,455	-$1,645,849 -$0	$2,909,606
6	$4,783,290	-$1,730,148 -$0	$3,053,142
7	$5,022,330	-$1,818,592 -$0	$3,203,738
8	$5,273,571	-$1,911,552 -$0	$3,362,019
9	$5,537,262	-$2,009,117 -$0	$3,528,145
10	$5,814,150	-$2,111,566 -$0	$3,702,584
11	$6,104,733	-$2,219,082 -$0	$3,885,651
12	$6,410,007	-$2,332,033 -$0	$4,077,974
13	$6,730,470	-$2,450,604 -$0	$4,279,866
14	$7,067,118	-$2,575,164 -$0	$4,491,954
15	$7,420,449	-$2,705,897 -$0	$4,714,552
16	$7,791,459	-$2,843,170 -$0	$4,948,289
17	$8,180,895	-$2,987,262 -$0	$5,193,633
18	$8,590,002	-$3,138,631 -$0	$5,451,371
19	$9,019,527	-$3,297,555 -$0	$5,721,972
20	$9,470,466	-$3,464,403 -$0	$6,006,063
21	$9,944,064	-$3,639,634 -$0	$6,304,430
22	$10,441,317	-$3,823,618 -$0	$6,617,699
23	$10,963,221	-$4,016,722 -$0	$6,946,499
24	$11,511,519	-$4,219,592 -$0	$7,291,927
25	$12,086,958	-$4,432,505 -$0	$7,654,453
26	$12,691,530	-$4,656,196 -$0	$8,035,334
27	$13,325,982	-$4,890,944 -$0	$8,435,038
28	$13,992,306	-$5,137,484 -$0	$8,854,822
29	$14,691,996	-$5,396,369 -$0	$9,295,627
30	$15,426,546	-$5,668,152 -$0	$9,758,394