The jackpot for the Powerball draw on Sat Apr 11, 2026, is projected to be $35 Million, with an option for a cash payout of $15.9 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 Apr 11, 2026 |
|---|
| Draw Date | Sat Apr 11, 2026 | | Projected Jackpot | $35,000,000 | | Cash Value | $15,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $15,900,000 | | Federal Tax(24%) | $3,816,000 | | Additional Federal Tax | $2,027,330 | | State Tax(7.65%) | $1,216,350 | | Net Lumpsum Payment | $8,840,320 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$526,785 |
$155,241
$40,299 |
$331,245 |
| 2 |
$553,140 |
$164,992
$42,315 |
$345,833 |
| 3 |
$580,790 |
$175,223
$44,430 |
$361,137 |
| 4 |
$609,840 |
$185,971
$46,653 |
$377,216 |
| 5 |
$640,325 |
$197,251
$48,985 |
$394,089 |
| 6 |
$672,350 |
$209,100
$51,435 |
$411,815 |
| 7 |
$705,950 |
$221,532
$54,005 |
$430,413 |
| 8 |
$741,265 |
$234,598
$56,707 |
$449,960 |
| 9 |
$778,330 |
$248,312
$59,542 |
$470,476 |
| 10 |
$817,250 |
$262,713
$62,520 |
$492,017 |
| 11 |
$858,095 |
$277,826
$65,644 |
$514,625 |
| 12 |
$901,005 |
$293,702
$68,927 |
$538,376 |
| 13 |
$946,050 |
$310,369
$72,373 |
$563,308 |
| 14 |
$993,370 |
$327,877
$75,993 |
$589,500 |
| 15 |
$1,043,035 |
$346,253
$79,792 |
$616,990 |
| 16 |
$1,095,185 |
$365,549
$83,782 |
$645,854 |
| 17 |
$1,149,925 |
$385,803
$87,969 |
$676,153 |
| 18 |
$1,207,430 |
$407,079
$92,368 |
$707,983 |
| 19 |
$1,267,805 |
$429,418
$96,987 |
$741,400 |
| 20 |
$1,331,190 |
$452,871
$101,836 |
$776,483 |
| 21 |
$1,397,760 |
$477,502
$106,929 |
$813,329 |
| 22 |
$1,467,655 |
$503,363
$112,276 |
$852,016 |
| 23 |
$1,541,015 |
$530,506
$117,888 |
$892,621 |
| 24 |
$1,618,085 |
$559,022
$123,784 |
$935,279 |
| 25 |
$1,698,970 |
$588,949
$129,971 |
$980,050 |
| 26 |
$1,783,950 |
$620,392
$136,472 |
$1,027,086 |
| 27 |
$1,873,130 |
$653,388
$143,294 |
$1,076,448 |
| 28 |
$1,966,790 |
$688,043
$150,459 |
$1,128,288 |
| 29 |
$2,065,140 |
$724,432
$157,983 |
$1,182,725 |
| 30 |
$2,168,390 |
$762,635
$165,882 |
$1,239,873 |
|
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