The jackpot for the Powerball draw on Mon Sep 21, 2026, is projected to be $313 Million, with an option for a cash payout of $133.6 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 Mon Sep 21, 2026 |
|---|
| Draw Date | Mon Sep 21, 2026 | | Projected Jackpot | $313,000,000 | | Cash Value | $133,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $133,600,000 | | Federal Tax(24%) | $32,064,000 | | Additional Federal Tax | $17,328,330 | | State Tax(7.65%) | $10,220,400 | | Net Lumpsum Payment | $73,987,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,710,963 |
$1,703,387
$360,389 |
$2,647,187 |
| 2 |
$4,946,652 |
$1,790,592
$378,419 |
$2,777,641 |
| 3 |
$5,193,922 |
$1,882,082
$397,335 |
$2,914,505 |
| 4 |
$5,453,712 |
$1,978,204
$417,209 |
$3,058,299 |
| 5 |
$5,726,335 |
$2,079,074
$438,065 |
$3,209,196 |
| 6 |
$6,012,730 |
$2,185,040
$459,974 |
$3,367,716 |
| 7 |
$6,313,210 |
$2,296,218
$482,961 |
$3,534,031 |
| 8 |
$6,629,027 |
$2,413,070
$507,121 |
$3,708,836 |
| 9 |
$6,960,494 |
$2,535,713
$532,478 |
$3,892,303 |
| 10 |
$7,308,550 |
$2,664,494
$559,104 |
$4,084,952 |
| 11 |
$7,673,821 |
$2,799,644
$587,047 |
$4,287,130 |
| 12 |
$8,057,559 |
$2,941,627
$616,403 |
$4,499,529 |
| 13 |
$8,460,390 |
$3,090,675
$647,220 |
$4,722,495 |
| 14 |
$8,883,566 |
$3,247,250
$679,593 |
$4,956,723 |
| 15 |
$9,327,713 |
$3,411,584
$713,570 |
$5,202,559 |
| 16 |
$9,794,083 |
$3,584,141
$749,247 |
$5,460,695 |
| 17 |
$10,283,615 |
$3,765,268
$786,697 |
$5,731,650 |
| 18 |
$10,797,874 |
$3,955,544
$826,037 |
$6,016,293 |
| 19 |
$11,337,799 |
$4,155,316
$867,342 |
$6,315,141 |
| 20 |
$11,904,642 |
$4,365,048
$910,705 |
$6,628,889 |
| 21 |
$12,499,968 |
$4,585,319
$956,248 |
$6,958,401 |
| 22 |
$13,125,029 |
$4,816,591
$1,004,065 |
$7,304,373 |
| 23 |
$13,781,077 |
$5,059,329
$1,054,252 |
$7,667,496 |
| 24 |
$14,470,303 |
$5,314,342
$1,106,978 |
$8,048,983 |
| 25 |
$15,193,646 |
$5,581,979
$1,162,314 |
$8,449,353 |
| 26 |
$15,953,610 |
$5,863,166
$1,220,451 |
$8,869,993 |
| 27 |
$16,751,134 |
$6,158,250
$1,281,462 |
$9,311,422 |
| 28 |
$17,588,722 |
$6,468,158
$1,345,537 |
$9,775,027 |
| 29 |
$18,468,252 |
$6,793,584
$1,412,821 |
$10,261,847 |
| 30 |
$19,391,602 |
$7,135,223
$1,483,458 |
$10,772,921 |
|
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