The jackpot for the Powerball draw on Sat Feb 7, 2026, is projected to be $102 Million, with an option for a cash payout of $46.1 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin Powerball Jackpot/Cash Option for Sat Feb 7, 2026 |
|---|
| Draw Date | Sat Feb 7, 2026 | | Projected Jackpot | $102,000,000 | | Cash Value | $46,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $46,100,000 | | Federal Tax(24%) | $11,064,000 | | Additional Federal Tax | $5,953,330 | | State Tax(7.65%) | $3,526,650 | | Net Lumpsum Payment | $25,556,020 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,535,202 |
$528,355
$117,443 |
$889,404 |
| 2 |
$1,612,008 |
$556,773
$123,319 |
$931,916 |
| 3 |
$1,692,588 |
$586,588
$129,483 |
$976,517 |
| 4 |
$1,777,248 |
$617,912
$135,959 |
$1,023,377 |
| 5 |
$1,866,090 |
$650,784
$142,756 |
$1,072,550 |
| 6 |
$1,959,420 |
$685,316
$149,896 |
$1,124,208 |
| 7 |
$2,057,340 |
$721,546
$157,387 |
$1,178,407 |
| 8 |
$2,160,258 |
$759,626
$165,260 |
$1,235,372 |
| 9 |
$2,268,276 |
$799,593
$173,523 |
$1,295,160 |
| 10 |
$2,381,700 |
$841,559
$182,200 |
$1,357,941 |
| 11 |
$2,500,734 |
$885,602
$191,306 |
$1,423,826 |
| 12 |
$2,625,786 |
$931,871
$200,873 |
$1,493,042 |
| 13 |
$2,757,060 |
$980,443
$210,915 |
$1,565,702 |
| 14 |
$2,894,964 |
$1,031,467
$221,465 |
$1,642,032 |
| 15 |
$3,039,702 |
$1,085,020
$232,537 |
$1,722,145 |
| 16 |
$3,191,682 |
$1,141,253
$244,164 |
$1,806,265 |
| 17 |
$3,351,210 |
$1,200,278
$256,368 |
$1,894,564 |
| 18 |
$3,518,796 |
$1,262,285
$269,188 |
$1,987,323 |
| 19 |
$3,694,746 |
$1,327,386
$282,648 |
$2,084,712 |
| 20 |
$3,879,468 |
$1,395,734
$296,779 |
$2,186,955 |
| 21 |
$4,073,472 |
$1,467,515
$311,621 |
$2,294,336 |
| 22 |
$4,277,166 |
$1,542,882
$327,203 |
$2,407,081 |
| 23 |
$4,490,958 |
$1,621,985
$343,558 |
$2,525,415 |
| 24 |
$4,715,562 |
$1,705,088
$360,740 |
$2,649,734 |
| 25 |
$4,951,284 |
$1,792,305
$378,773 |
$2,780,206 |
| 26 |
$5,198,940 |
$1,883,938
$397,719 |
$2,917,283 |
| 27 |
$5,458,836 |
$1,980,100
$417,601 |
$3,061,135 |
| 28 |
$5,731,788 |
$2,081,092
$438,482 |
$3,212,214 |
| 29 |
$6,018,408 |
$2,187,141
$460,408 |
$3,370,859 |
| 30 |
$6,319,308 |
$2,298,474
$483,427 |
$3,537,407 |
|
|
