The jackpot for the Powerball draw on Wed Sep 2, 2026, is projected to be $146 Million, with an option for a cash payout of $63.3 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 Sep 2, 2026 |
|---|
| Draw Date | Wed Sep 2, 2026 | | Projected Jackpot | $146,000,000 | | Cash Value | $63,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $63,300,000 | | Federal Tax(24%) | $15,192,000 | | Additional Federal Tax | $8,189,330 | | State Tax(7.65%) | $4,842,450 | | Net Lumpsum Payment | $35,076,220 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,197,446 |
$773,385
$168,105 |
$1,255,956 |
| 2 |
$2,307,384 |
$814,062
$176,515 |
$1,316,807 |
| 3 |
$2,422,724 |
$856,738
$185,338 |
$1,380,648 |
| 4 |
$2,543,904 |
$901,575
$194,609 |
$1,447,720 |
| 5 |
$2,671,070 |
$948,626
$204,337 |
$1,518,107 |
| 6 |
$2,804,660 |
$998,055
$214,556 |
$1,592,049 |
| 7 |
$2,944,820 |
$1,049,914
$225,279 |
$1,669,627 |
| 8 |
$3,092,134 |
$1,104,420
$236,548 |
$1,751,166 |
| 9 |
$3,246,748 |
$1,161,627
$248,376 |
$1,836,745 |
| 10 |
$3,409,100 |
$1,221,697
$260,796 |
$1,926,607 |
| 11 |
$3,579,482 |
$1,284,739
$273,830 |
$2,020,913 |
| 12 |
$3,758,478 |
$1,350,967
$287,524 |
$2,119,987 |
| 13 |
$3,946,380 |
$1,420,491
$301,898 |
$2,223,991 |
| 14 |
$4,143,772 |
$1,493,526
$316,999 |
$2,333,247 |
| 15 |
$4,350,946 |
$1,570,180
$332,847 |
$2,447,919 |
| 16 |
$4,568,486 |
$1,650,670
$349,489 |
$2,568,327 |
| 17 |
$4,796,830 |
$1,735,157
$366,957 |
$2,694,716 |
| 18 |
$5,036,708 |
$1,823,912
$385,308 |
$2,827,488 |
| 19 |
$5,288,558 |
$1,917,097
$404,575 |
$2,966,886 |
| 20 |
$5,552,964 |
$2,014,927
$424,802 |
$3,113,235 |
| 21 |
$5,830,656 |
$2,117,673
$446,045 |
$3,266,938 |
| 22 |
$6,122,218 |
$2,225,551
$468,350 |
$3,428,317 |
| 23 |
$6,428,234 |
$2,338,777
$491,760 |
$3,597,697 |
| 24 |
$6,749,726 |
$2,457,729
$516,354 |
$3,775,643 |
| 25 |
$7,087,132 |
$2,582,569
$542,166 |
$3,962,397 |
| 26 |
$7,441,620 |
$2,713,730
$569,284 |
$4,158,606 |
| 27 |
$7,813,628 |
$2,851,373
$597,743 |
$4,364,512 |
| 28 |
$8,204,324 |
$2,995,930
$627,631 |
$4,580,763 |
| 29 |
$8,614,584 |
$3,147,726
$659,016 |
$4,807,842 |
| 30 |
$9,045,284 |
$3,307,085
$691,964 |
$5,046,235 |
|
|
