Wyoming Lottery

WYLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Oct 13, 2025 is estimated to be $258 Million, with a cash option of 120.8 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 Mon Oct 13, 2025

Draw Date	Jackpot	Cash Option
Mon Oct 13, 2025	$258,000,000	$120,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$120,800,000
Federal Tax(24%)	$28,992,000
Additional Federal Tax	$15,664,330
State Tax(0%)	$0
Net Lumpsum Payment	$76,143,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,883,158	-$1,397,099 -$0	$2,486,059
2	$4,077,432	-$1,468,980 -$0	$2,608,452
3	$4,281,252	-$1,544,394 -$0	$2,736,858
4	$4,495,392	-$1,623,625 -$0	$2,871,767
5	$4,720,110	-$1,706,771 -$0	$3,013,339
6	$4,956,180	-$1,794,117 -$0	$3,162,063
7	$5,203,860	-$1,885,759 -$0	$3,318,101
8	$5,464,182	-$1,982,078 -$0	$3,482,104
9	$5,737,404	-$2,083,170 -$0	$3,654,234
10	$6,024,300	-$2,189,321 -$0	$3,834,979
11	$6,325,386	-$2,300,723 -$0	$4,024,663
12	$6,641,694	-$2,417,757 -$0	$4,223,937
13	$6,973,740	-$2,540,614 -$0	$4,433,126
14	$7,322,556	-$2,669,676 -$0	$4,652,880
15	$7,688,658	-$2,805,134 -$0	$4,883,524
16	$8,073,078	-$2,947,369 -$0	$5,125,709
17	$8,476,590	-$3,096,669 -$0	$5,379,921
18	$8,900,484	-$3,253,509 -$0	$5,646,975
19	$9,345,534	-$3,418,178 -$0	$5,927,356
20	$9,812,772	-$3,591,056 -$0	$6,221,716
21	$10,303,488	-$3,772,621 -$0	$6,530,867
22	$10,818,714	-$3,963,255 -$0	$6,855,459
23	$11,359,482	-$4,163,339 -$0	$7,196,143
24	$11,927,598	-$4,373,542 -$0	$7,554,056
25	$12,523,836	-$4,594,150 -$0	$7,929,686
26	$13,150,260	-$4,825,927 -$0	$8,324,333
27	$13,807,644	-$5,069,159 -$0	$8,738,485
28	$14,498,052	-$5,324,610 -$0	$9,173,442
29	$15,223,032	-$5,592,852 -$0	$9,630,180
30	$15,984,132	-$5,874,459 -$0	$10,109,673