The jackpot for the Powerball draw on Wed Mar 18, 2026, is projected to be $101 Million, with an option for a cash payout of $46 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 Wed Mar 18, 2026 |
|---|
| Draw Date | Wed Mar 18, 2026 | | Projected Jackpot | $101,000,000 | | Cash Value | $46,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $46,000,000 | | Federal Tax(24%) | $11,040,000 | | Additional Federal Tax | $5,940,330 | | State Tax(7.65%) | $3,519,000 | | Net Lumpsum Payment | $25,500,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,520,151 |
$522,786
$116,292 |
$881,073 |
| 2 |
$1,596,204 |
$550,926
$122,110 |
$923,168 |
| 3 |
$1,675,994 |
$580,448
$128,214 |
$967,332 |
| 4 |
$1,759,824 |
$611,465
$134,627 |
$1,013,732 |
| 5 |
$1,847,795 |
$644,015
$141,356 |
$1,062,424 |
| 6 |
$1,940,210 |
$678,208
$148,426 |
$1,113,576 |
| 7 |
$2,037,170 |
$714,083
$155,844 |
$1,167,243 |
| 8 |
$2,139,079 |
$751,790
$163,640 |
$1,223,649 |
| 9 |
$2,246,038 |
$791,364
$171,822 |
$1,282,852 |
| 10 |
$2,358,350 |
$832,920
$180,414 |
$1,345,016 |
| 11 |
$2,476,217 |
$876,531
$189,431 |
$1,410,255 |
| 12 |
$2,600,043 |
$922,346
$198,903 |
$1,478,794 |
| 13 |
$2,730,030 |
$970,441
$208,847 |
$1,550,742 |
| 14 |
$2,866,582 |
$1,020,966
$219,294 |
$1,626,322 |
| 15 |
$3,009,901 |
$1,073,994
$230,257 |
$1,705,650 |
| 16 |
$3,160,391 |
$1,129,675
$241,770 |
$1,788,946 |
| 17 |
$3,318,355 |
$1,188,122
$253,854 |
$1,876,379 |
| 18 |
$3,484,298 |
$1,249,521
$266,549 |
$1,968,228 |
| 19 |
$3,658,523 |
$1,313,984
$279,877 |
$2,064,662 |
| 20 |
$3,841,434 |
$1,381,661
$293,870 |
$2,165,903 |
| 21 |
$4,033,536 |
$1,452,739
$308,566 |
$2,272,231 |
| 22 |
$4,235,233 |
$1,527,367
$323,995 |
$2,383,871 |
| 23 |
$4,446,929 |
$1,605,694
$340,190 |
$2,501,045 |
| 24 |
$4,669,331 |
$1,687,983
$357,204 |
$2,624,144 |
| 25 |
$4,902,742 |
$1,774,345
$375,060 |
$2,753,337 |
| 26 |
$5,147,970 |
$1,865,079
$393,820 |
$2,889,071 |
| 27 |
$5,405,318 |
$1,960,298
$413,507 |
$3,031,513 |
| 28 |
$5,675,594 |
$2,060,300
$434,183 |
$3,181,111 |
| 29 |
$5,959,404 |
$2,165,310
$455,894 |
$3,338,200 |
| 30 |
$6,257,354 |
$2,275,551
$478,688 |
$3,503,115 |
|
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